DEFINITION of 'National Welfare Fund (Russia)'

One of two parts of the Russian sovereign wealth fund, the other being the Reserve Fund. The National Welfare Fund invests its funds abroad to counteract inflation in the Russian ruble. Combined, the Reserve Fund and National Welfare Fund make up one of the largest sovereign wealth funds in the country.

BREAKING DOWN 'National Welfare Fund (Russia)'

The National Welfare Fund originated from the Stabilization Fund of the Russian Federation, which was established to help balance the Russian government's fiscal budget. In 2008, the fund was split into a Reserve Fund and the National Welfare Fund. The Reserve Fund is invested in conservative foreign investments and is used as a stabilization fund to balance the federal budget. The National Welfare Fund is invested more aggressively.

RELATED TERMS
  1. Welfare

    A government program which provides financial aid to individuals ...
  2. Welfare Capitalism

    Definition of welfare capitalism.
  3. Welfare Economics

    A branch of economics that focuses on the optimal allocation ...
  4. National Pensions Reserve Fund

    The National Pensions Reserve Fund is a public pension fund established ...
  5. National Social Security Fund (China)

    A government-controlled investment fund established primarily ...
  6. Australian Future Fund

    A sovereign wealth fund established by the government of Australia. ...
Related Articles
  1. Investing

    An Introduction To Sovereign Wealth Funds

    Countries use sovereign wealth funds to stabilize their economies, but these investments can lack transparency.
  2. Investing

    Is Now the Right Time to Buy Russian Stocks?

    Examine the state of the Russian equity market entering 2016 and learn why adding Russian stocks to your investment portfolio may be a good idea.
  3. Investing

    3 Mutual Funds With Russian Exposure

    Learn about the top three mutual funds that focus on investing in Russian equities and other emerging market countries of Eastern Europe.
  4. Investing

    4 ETFs To Trade the Russian Ruble (RSX, ERUS)

    Discover which exchange-traded funds (ETFs) provide investors with the greatest exposure to the Russian ruble and learn about the risks that come with each.
  5. Financial Advisor

    Advising FAs: Explaining Mutual Funds to a Client

    More than 80 million people, or half of the households in America, invest in mutual funds. No matter what type of investor you are, there is bound to be a mutual fund that fits your style.
  6. Financial Advisor

    5 Characteristics of Strong Mutual Fund Shares

    Discover some of the basic characteristics shared by good mutual funds that investors can use to help them in selecting funds.
  7. Insights

    3 Economic Challenges Russia Faces in 2016

    Learn about the three largest challenges facing the Russian economy in 2016. How will low oil prices and high inflation impact the Russian economy?
  8. Investing

    Mutual Funds: Does Size Really Matter?

    The growth of mutual funds isn't always cause for celebration. Read on to find out why.
  9. Managing Wealth

    Should Balanced Funds Be Part Of Your Portfolio?

    Find out why you should include balanced funds in your portfolio, including the importance of customizability, diversification and professional management.
RELATED FAQS
  1. Where does a hedge fund get its money?

    Learn how a hedge fund is structured and how the managing partner of the fund goes about the process of finding and soliciting ... Read Answer >>
  2. How do I calculate the loan-to-value ratio using Excel?

    Learn what a mutual fund and a money market fund are, and understand the differences between each and how they serve various ... Read Answer >>
  3. Is Social Security considered to be welfare?

    Learn why Social Security is an entitlement, not welfare. Since 1940, Social Security has kept its promise to Americans who ... Read Answer >>
  4. Can mutual funds only hold stocks?

    Learn about which types of mutual funds consist of only stocks, which may include stocks in addition to other assets and ... Read Answer >>
  5. How do I judge a mutual fund's performance?

    Evaluate mutual fund performance utilizing resources such as Morningstar; compare the fund with others in its peer group ... Read Answer >>
  6. Do mutual funds pay interest?

    Find out how and why some mutual funds pay interest, and which types of funds make regular dividend distributions to shareholders ... Read Answer >>
Hot Definitions
  1. 403(b) Plan

    A retirement plan for certain employees of public schools, tax-exempt organizations and certain ministers. Generally, retirement ...
  2. Master Of Business Administration - MBA

    A graduate degree achieved at a university or college that provides theoretical and practical training to help graduates ...
  3. Liquidity Event

    An event that allows initial investors in a company to cash out some or all of their ownership shares and is considered an ...
  4. Job Market

    A market in which employers search for employees and employees search for jobs. The job market is not a physical place as ...
  5. Yuppie

    Yuppie is a slang term denoting the market segment of young urban professionals. A yuppie is often characterized by youth, ...
  6. SEC Form 13F

    A filing with the Securities and Exchange Commission (SEC), also known as the Information Required of Institutional Investment ...
Trading Center