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
$45
4.49
Israfil Mammadov
Frank Juliano
Ali Asadov
61.8% Fixed Income and Money Market Instruments
19% Equities
6.1% Real Estate
13.1% Gold
Asset allocation as of December 31, 2021. All information is as per the most recent annual report or other publicly available data via the fund's website