# Ulusal varlık fonu

**Ulusal varlık fonu (UVF)** (İngilizce: *Sovereign wealth fund (SWF)*), cari işlemler fazlası veren ülkelerin yabancı para rezervlerindeki artışın yarattığı bir değerlendirme arayışından doğan bir kavram olup, basit anlamda, bir havuz oluşturan söz konusu rezervlerle finanse edilen devlet kontrolündeki yatırım kurumları olarak tanımlanmaktadır. Türkçede henüz tam kabul görmüş bir çevirisi olmayan bu kavram, çeşitli kaynaklarda bağımsız varlık fonları, ulusal yatırım fonları, ülke yatırım fonları, devlet refah fonları veya kısaca ulusal fonlar olarak adlandırılabilmektedir.

1 milyar dolarlık Sovereign Wealth Fund ilk yatırımı Yıllık %15 bileşik faiz.
İlk 1 milyar dolarlık yatırımda %1,5 temettü ödemesi 40 yılda toplam 26,7 milyar dolar temettü ödemesi Temettüler yeniden yatırılmamıştır ve hükûmet için gelir olarak kullanılabilir.
## En büyük ulusal varlık fonları

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|

| Ülke
 | Kısaltma
 | Fon
 | Varlık (Milyar $)
 | Başlangıç
 | Köken
 |
| --- | --- | --- | --- | --- | --- |
|  Norveç | GPF | Government Pension Fund - Global | &0000000000000871.100000871,1 | 1990 | Petrol
 |
|  Birleşik Arap Emirlikleri    Abu Dabi | ADIA | Abu Dhabi Investment Authority | &0000000000000792.000000792 | 1976 | Petrol
 |
|  Çin | CIC | China Investment Corporation | &0000000000000746.700000746,7 | 2007 | Mal dışı
 |
|  Suudi Arabistan | SAMA | SAMA Foreign Holdings | &0000000000000598.400000598,4 | 1952 | Petrol
 |
|  Kuveyt | KIA | Kuwait Investment Authority | &0000000000000592.000000592 | 1953 | Petrol
 |
|  Çin | SAFE | SAFE Investment Company | &0000000000000474.000000474 | 1997 | Mal dışı
 |
|  Hong Kong | HKMA | Hong Kong Monetary Authority Investment Portfolio | &0000000000000442.400000442,4 | 1993 | Mal dışı
 |
|  Singapur | GIC | Government of Singapore Investment Corporation | &0000000000000344.000000344 | 1981 | Mal dışı
 |
|  Türkiye | TVF | Türkiye Varlık Fonu | 302 | 2016 | Doğal kaynaklar & emtia
 |
|  Katar | QIA | Katar Yatırım Otoritesi | &0000000000000256.000000256 | 2003 | Petrol
 |
|  Çin | NSSF | National Social Security Fund | &0000000000000236.000000236 | 2000 | Mal dışı
 |
|  Birleşik Arap Emirlikleri    Dubai | ICD | Investment Corporation of Dubai | &0000000000000196.000000196 | 2006 | Petrol
 |
|  Singapur | TH | Temasek Holdings | &0000000000000193.600000193,6 | 1974 | Mal dışı
 |
|  Suudi Arabistan | PIF/Sanabil | Public Investment Fund ve Sanabil Investments | &0000000000000160.000000160 | 2008 | Petrol
 |
|  Birleşik Arap Emirlikleri    Abu Dabi | ADIC | Abu Dhabi Investment Council | &0000000000000110.000000110 | 2007 | Petrol
 |
|  Avustralya | AFF | Future Fund | &0000000000000095.00000095 | 2006 | Mal dışı
 |
|  Güney Kore | KIC | Korea Investment Corporation | &0000000000000091.80000091,8 | 2005 | Mal dışı
 |
|  Kazakistan | S-K JSC | Samruk-Kazına JSC | &0000000000000085.10000085,1 | 2008 | Mal dışı
 |
|  Kazakistan | KNF | Kazakhstan National Fund | &0000000000000077.00000077 | 2000 | Petrol
 |
|  Rusya | RNWF | Rusya Milli Servet Fonu | &0000000000000073.50000073,5 | 2008 | Petrol
 |
|  Birleşik Arap Emirlikleri    Abu Dabi | IPIC | International Petroleum Investment Company | &0000000000000066.30000066,3 | 1984 | Petrol
 |
|  Birleşik Arap Emirlikleri    Abu Dabi | MDC | Mubadala Development Company | &0000000000000066.30000066,3 | 2002 | Petrol
 |
|  Libya | LIA | Libyan Investment Authority | &0000000000000066.00000066 | 2006 | Petrol
 |
|  Rusya | RRF | Russian Reserve Fund | &0000000000000065.70000065,7 | 2008 | Petrol
 |
|  İran | NDF | National Development Fund | &0000000000000062.00000062 | 1999 | Petrol
 |
|  ABD    Alaska | APF | Alaska Permanent Fund | &0000000000000053.90000053,9 | 1976 | Petrol
 |
|  Cezayir | RRF | Revenue Regulation Fund | &0000000000000050.00000050 | 2000 | Petrol
 |
|  Brunei | BIA | Brunei Investment Agency | &0000000000000040.00000040 | 1983 | Petrol
 |
|  ABD     Teksas | PSF | Permanent School Fund | &0000000000000037.70000037,7 | 1854 | Kamu arazileri
 |
|  Azerbaycan | SOFAZ | State Oil Fund of the Republic of Azerbaijan 7 Ağustos 2016 tarihinde Wayback Machine sitesinde arşivlendi. | &0000000000000037.30000037,3 | 1999 | Petrol
 |
|  Malezya | KN | Khazanah Nasional | &0000000000000034.90000034,9 | 1993 | Mal dışı
 |
|  Umman | SGRF | State General Reserve Fund | &0000000000000034.00000034 | 1980 | Petrol & Benzin
 |
|  Fransa | SIF | Strategic Investment Fund | &0000000000000025.50000025,5 | 2008 | Mal dışı
 |
|  İrlanda | NPRF | National Pensions Reserve Fund | &0000000000000023.50000023,5 | 2001 | Mal dışı
 |
|  Yeni Zelanda | NZSF | New Zealand Superannuation Fund | &0000000000000020.20000020,2 | 2003 | Mal dışı
 |
|  ABD    New Mexico | NMSIC | New Mexico State Investment Council | &0000000000000019.80000019,8 | 1958 | Mal dışı
 |
|  Kanada    Alberta | AHSTF | Alberta Heritage Savings Trust Fund | &0000000000000017.50000017,5 | 1976 | Petrol
 |
|  ABD     Teksas | PUF | Permanent University Fund | &0000000000000017.20000017,2 | 1876 | Kamu arazileri
 |
|  Doğu Timor | TLPF | Timor-Leste Petroleum Fund | &0000000000000016.90000016,9 | 2005 | Petrol & Benzin
 |
|  Şili | SESF | Social and Economic Stabilization Fund | &0000000000000015.20000015,2 | 2007 | Bakır
 |
|  Birleşik Arap Emirlikleri    (Federal) | EIA | Emirates Investment Authority | &0000000000000015.00000015 | 2007 | Petrol
 |
|  Rusya | RDIF | Russian Direct Investment Fund | &0000000000000013.00000013 | 2011 | Mal dışı
 |
|  Finlandiya | - | Solidium | &0000000000000011.50000011,5 | 2008 | Mal dışı
 |
|  Bahreyn | MHC | Mumtalakat Holding Company | &0000000000000011.10000011,1 | 2006 | Petrol
 |
|  Peru | FSF | Fiscal Stabilization Fund | &0000000000000009.2000009,2 | 1999 | Mal dışı
 |
|  Şili | PRF | Pension Reserve Fund | &0000000000000007.9000007,9 | 2006 | Bakır
 |
|  Meksika | ORSFM | Oil Revenues Stabilization Fund of Mexico | &0000000000000006.0000006 | 2000 | Petrol
 |
|  Umman | OIF | Oman Investment Fund | &0000000000000006.0000006 | 2006 | Petrol
 |
|  İtalya | ISF | Italian Strategic Fund | &0000000000000006.0000006 | 2011 | Mal dışı
 |
|  Botsvana | PF | Pula Fund | &0000000000000005.7000005,7 | 1996 | Elmas & Mineraller
 |
|  ABD    Wyoming | PWMTF | Permanent Wyoming Mineral Trust Fund | &0000000000000005.6000005,6 | 1974 | Mineraller
 |
|  Trinidad & Tobago | HSF | Heritage and Stabilization Fund | &0000000000000005.5000005,5 | 2007 | Petrol
 |
|  Brezilya | SFB | Sovereign Fund of Brazil | &0000000000000005.3000005,3 | 2008 | Mal dışı
 |
|  Çin | CADF | China-Africa Development Fund | &0000000000000005.0000005 | 2007 | Mal dışı
 |
|  Angola | FSDEA | Fundo Soberano de Angola | &0000000000000005.0000005 | 2012 | Petrol
 |
|  ABD    Kuzey Dakota | NDLF | North Dakota Legacy Fund | &0000000000000003.2000003,2 | 2011 | Petrol & Benzin
 |
|  ABD    Alabama | ATF | Alabama Trust Fund | &0000000000000002.5000002,5 | 1985 | Petrol & Benzin
 |
|  Kazakistan | NIC | National Investment Corporation | &0000000000000002.0000002 | 2012 | Petrol
 |
|  Nijerya    (Bayelsa Eyaleti) | BDIC | Bayelsa Development and Investment Corporation | &0000000000000001.5000001,5 | 2012 | Mal dışı
 |
|  Nijerya | NSIA | Nigeria Sovereign Investment Authority | &0000000000000001.4000001,4 | 2011 | Petrol
 |
|  ABD    Louisiana | LEQTF | Louisiana Education Quality Trust Fund | &0000000000000001.3000001,3 | 1986 | Petrol & Benzin
 |
|  Panama | FAP | Fondo de Ahorro de Panama | &0000000000000001.2000001,2 | 2012 | Mal dışı
 |
|  Birleşik Arap Emirlikleri    Resü'l-Hayme | RIA | RAKIA | &0000000000000001.2000001,2 | 2005 | Hükûmet kredileri
 |
|  Bolivya | FINPRO | Fund for Productive Industrial Revolution | &0000000000000001.2000001,2 | 2012 | Mal dışı
 |
|  ABD    Oregon | CSF | Oregon Common School Fund | &0000000000000001.2000001,2 | 1859 | Kamu arazileri
 |
|  Senegal | SSIF | Senegal Strategic Investment Fund - FONSIS | &0000000000000001.0000001 | 2012 | Mal dışı
 |
|  Irak | DFI | Development Fund for Iraq | &0000000000000000.9000000,9 | 2003 | Petrol
 |
|  Filistin | PIF | Palestine Investment Fund | &0000000000000000.8000000,8 | 2003 | Mal dışı
 |
|  Venezuela | FEM | FEM - Macroeconomic Stabilization Fund | &0000000000000000.8000000,8 | 1998 | Petrol
 |
|  Kiribati | RERF | Revenue Equalization Reserve Fund | &0000000000000000.6000000,6 | 1956 | Fosfat
 |
|  Vietnam | SCIC | State Capital Investment Corporation | &0000000000000000.5000000,5 | 2006 | Mal dışı
 |
|  Ghana | GPF | Ghana Petroleum Funds | &0000000000000000.4500000,45 | 2011 | Petrol
 |
|  Gabon | GSWF | Sovereign Fund of the Gabonese Republic | &0000000000000000.4000000,4 | 1998 | Petrol
 |
|  Endonezya | GIU | Government Investment Unit of Indonesia (Pusat Investasi Pemerintah (PIP)) | &0000000000000000.3000000,3 | 2006 | Mal dışı
 |
|  Moritanya | NFHR | National Fund for Hydrocarbon Reserves | &0000000000000000.3000000,3 | 2006 | Petrol & Benzin
 |
|  Avustralya    Batı Avustralya | WAFF | Western Australian Future Fund | &0000000000000000.3000000,3 | 2012 | Mineraller
 |
|  Moğolistan | FSF | Fiscal Stability Fund | &0000000000000000.3000000,3 | 2011 | Mining
 |
|  Ekvator Ginesi | FFG | Fund for Future Generations | &-1000000000000000.0800000,08 | 2002 | Petrol
 |
|  Papua Yeni Gine | PNGSWF | Papua New Guinea Sovereign Wealth Fund | X | 2011 | Benzin
 |
|  Türkmenistan | TSF | Turkmenistan Stabilization Fund | X | 2008 | Petrol & Benzin
 |
|  ABD    Batı Virjinya | WVFF | West Virginia Future Fund | X | 2014 | Petrol & Benzin
 |
|  Meksika | FMP | Fondo Mexicano del Petroleo para la Estabilizacion y el Desarrollo | X | 2014 | Petrol & Benzin
 |

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## Kaynakça

## Dış bağlantılar

* SWF Institute 19 Aralık 2020 tarihinde Wayback Machine sitesinde arşivlendi. Organization dedicated to Studying Sovereign Wealth Funds
* Varlık Fonu 7 Şubat 2017 tarihinde Wayback Machine sitesinde arşivlendi. - mahfiegilmez.com