Chinggis Khaan Sovereign Wealth Fund is a Mongolian sovereign wealth fund established to invest and grow the country's natural resource revenues over the long term, preserve their value, and distribute the benefits fairly and equitably to all citizens of Mongolia, current and future generations.
The Fund comprises three sub-funds: the Future Heritage Fund, the Savings Fund, and the Development Fund.
Future Heritage Fund
Savings Fund
Development Fund
The Future Heritage Fund (FHF) is designed as a long-term savings vehicle aimed at preserving and growing wealth for future generations. It is primarily funded by 65% of the state’s share of mining royalty revenues from extractive state-owned enterprises and investment income. The fund’s assets are held by the Bank of Mongolia and managed by the Ministry of Finance, and invested internationally. As stipulated by law, no expenditures are permitted until 2030, after which up to 10% of the fund’s investment returns may be transferred to the state budget.
Savings Fund aims to support citizen welfare and accumulation through individual citizens' accounts. It is financed through dividends from extractive state-owned enterprises, royalties from strategic deposits, and investment income. The fund is intended to provide financial support for citizens’ social needs such as housing, education, and healthcare.
