Sovereign funds, also known as sovereign wealth funds, are called SWFs in English abbreviation, which are the funds for the government to make market-oriented investments abroad.

sovereign funds are public wealth held by a country's government in the form of foreign currency. The purpose of sovereign funds is to ensure the stability of the purchasing power of the country's surplus wealth and obtain a high return on investment. In investment strategy, they mainly pay attention to long-term investment value, but do not pay too much attention to short-term fluctuations. The asset portfolio strategy is mainly configured strategically according to asset types, currencies, countries, industries and risk tolerance levels.