FEES

E616459

FEES is Chile’s sovereign wealth fund designed to stabilize the country’s public finances by saving and investing surplus fiscal revenues, particularly from copper exports.

All labels observed (1)

Label Occurrences
FEES canonical 1

How this entity was disambiguated

Statements (34)

Predicate Object
instanceOf public financial stabilization mechanism ⓘ
sovereign wealth fund ⓘ
abbreviation FEES ⓘ
assetType fixed-income securities ⓘ
international financial assets ⓘ
beneficiary Chilean state ⓘ
Chilean taxpayers ⓘ
category public finance of Chile ⓘ
sovereign wealth funds of the Americas ⓘ
country Chile ⓘ
currency foreign currencies ⓘ
establishedBy Chilean fiscal responsibility legislation ⓘ
fullName Fondo de Estabilización Económica y Social ⓘ
fullNameEnglish Economic and Social Stabilization Fund ⓘ
function buffer against external shocks ⓘ
smooth public spending over the economic cycle ⓘ
support macroeconomic stability ⓘ
fundingSource copper export revenues ⓘ
fiscal surpluses ⓘ
governance rules-based fiscal framework ⓘ
investmentHorizon medium term ⓘ
investmentObjective liquidity for fiscal stabilization ⓘ
jurisdiction Republic of Chile ⓘ
linked to: Chile
managedBy Ministry of Finance of Chile ⓘ
owner Government of Chile ⓘ
policyRole support fiscal sustainability in Chile ⓘ
policyType countercyclical fiscal policy instrument ⓘ
purpose invest surplus fiscal revenues ⓘ
save surplus fiscal revenues ⓘ
stabilize Chile’s public finances ⓘ
relatedTo Chile’s copper revenue management ⓘ
Chile’s fiscal responsibility framework ⓘ
riskObjective capital preservation ⓘ
sectorExposure copper ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.