Permanent Wyoming Mineral Trust Fund
| United States – Wyoming | US$ 5.6 Billion |
|---|---|
| Established: 1974 Transparency Rating: 9 |
Origin: Mineral Firm Investment Style: Index Entity Structure: Fund |
Summary:
In accordance with an amendment to the Wyoming Constitution approved by the voters in 1974, one and a half percent of the severance tax on each mineral is deposited in the Permanent Wyoming Mineral Trust Fund (PWMTF).
Strategies and Objectives:
They currently have a well diversified portfolio spanning many different asset classes which includes: Domestic Equities, Global Equities, Real Estate, and Private Equity. The fund also utilizes external managers to manage investments.
Governance:
The fund is managed by the Wyoming State Treasurer.
