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Discover Ludwig"sovereign fund" is a correct and usable term in written English.
It refers to a fund of money that is managed by a government or a sovereign entity such as a monarchy. For example, "The Gulf Cooperation Council maintains several sovereign funds to manage the immense wealth generated by its member states' oil and gas industries."
Exact(56)
Consider a world-class sovereign fund like Norway's.
The government's sovereign fund, a reserve of oil revenues, boasts $65 billion.
"What I'd like to do as well is build up a state sovereign fund.
"It will be a burden on Russia's central bank and sovereign fund," he said.
Julia Gillard, Australia's prime minister, has proposed a tax on mining profits but has ruled out a sovereign fund.
Unlike Kuwait or Abu Dhabi, Saudi Arabia does not have a sovereign fund responsible for investing the country's petroleum riches.
The first is a European Union sovereign fund to protect the ownership of important business with suddenly low stock prices.
Similar(4)
The sovereign funds that hold shares have suffered large losses.
We also have government sovereign funds that are clients.
Western governments should agitate for greater transparency from sovereign funds.
Some sovereign funds are also getting into the buy-out business.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com