Yes, pretty much
A Government sets up an Investment entity for it's citizens and then later can provide for those citizens
The best example is the Norwegian funds one of which was setup to invest the money Norway received for it's oil:
https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Norway
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Last
58.0¢ |
Change
-0.005(0.85%) |
Mkt cap ! $105.1M |
Open | High | Low | Value | Volume |
56.5¢ | 58.5¢ | 56.0¢ | $124.9K | 217.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8766 | 57.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
58.0¢ | 17170 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8766 | 0.570 |
1 | 10000 | 0.565 |
4 | 40847 | 0.560 |
2 | 90516 | 0.555 |
6 | 79637 | 0.550 |
Price($) | Vol. | No. |
---|---|---|
0.580 | 17170 | 3 |
0.585 | 11087 | 2 |
0.590 | 22694 | 2 |
0.600 | 910 | 1 |
0.620 | 15000 | 1 |
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