FUTURE GENERATIONS FUND INVESTMENT POLICY

A Policy governs the investment of the Future Generations Fund in global assets for long-term financial reserves. It targets NSIA managers, external fund handlers, and benefits future Nigerians. This builds wealth through diversified investments focused on growth and preservation.

What Is This Policy?

The investment policy governing the NSIA's Future Generations Fund, which is invested in a diversified portfolio of global assets to provide long-term financial reserves for future Nigerians.

Who Does It Target?

NSIA investment managers and board External asset managers managing portions of the fund Federal Government as contributor Future generations of Nigerians as ultimate beneficiaries

What Does It Aim to Achieve?

Build long-term financial wealth for Nigeria's future generations by investing in a diversified global portfolio with a long investment horizon and emphasis on capital preservation and growth.

Key Features

Long-Term Horizon: Portfolio is invested with a multi-decade horizon, enabling acceptance of higher-risk, higher-return asset classes. Global Diversification: Invests across global equity, fixed income, and alternative asset classes to reduce concentration risk. ESG Integration: Incorporates environmental, social, and governance factors into investment selection and monitoring. Performance Benchmarks: Tracks performance against defined benchmarks to ensure the fund generates competitive returns.

Current Status

Rollout Stage: Active Coverage: Global investment portfolio managed from Nigeria Beneficiaries: Future generations of Nigerians Funding: NSIA capitalised from excess crude revenues

How to Access

No public investment; institutionally managed by NSIA Annual performance reports published publicly Application method: Not applicable - institutionally managed. Annual reports: https://www.nsia.com.ng

Important Terms

Withdrawals from this fund require extraordinary conditions Fund is insulated from short-term fiscal pressures Investment returns are reinvested to compound the fund over time

Official Resources

Website: https://www.nsia.com.ng Contact: Nigeria Sovereign Investment Authority (NSIA)

Legal Framework

Issued under the investment mandate of the Nigeria Sovereign Investment Authority (NSIA) pursuant to the Nigeria Sovereign Investment Authority (Establishment, etc.) Act 2011. The NSIA Act is the principal statute governing the three-fund structure. Operates alongside the Fiscal Responsibility Act 2007, the CBN Act 2007, and the Debt Management Office Act. Aligns with the IMF and World Bank guidelines on sovereign wealth fund management and the Santiago Principles on SWF governance.