The State Oil Fund of the Republic of Azerbaijan (SOFAZ), established in December 1999 by the Presidential Decree is a sovereign wealth fund of Azerbaijan, which accumulates and preserves the nation’s oil and gas revenues for future generations. SOFAZ is structured as an extra-budgetary fund and functions as a legal entity separate from the government or central bank.
Azerbaijan
$53
-5.16
Israfil Mammadov
Ali Asadov
62.1% Fixed Income and Money Market Instruments
19.6% Equities
6.2% Real Estate
12.1% Gold
Asset allocation as of December 31, 2022. All information is as per the most recent annual report or other publicly available data via the fund's website