Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'sovereign wealth fund'?

A. state-owned investment fund that consists of pools of money derived from a country's reserves
B. investment pool that is controlled by a professional investment manager who invests the pool in various financial instruments and assets that align with their investment objectives and is overseen by a board of directors
C. investment fund that offers shares/units to the public and invests in real estate directly
D. assets pooled by investors whose share capital remains separate from the assets of the vehicle

Answer: state-owned investment fund that consists of pools of money derived from a country's reserves