Overview
The Heritage and Stabilisation Fund (HSF) is Trinidad and Tobago's sovereign wealth fund, established by Act of Parliament in 2007 to save excess energy-sector revenues, cushion the economy against revenue volatility, and provide a heritage for future generations. It is owned by the Government of Trinidad and Tobago, overseen by an independent Board of Directors, and operationally managed by the Central Bank of Trinidad and Tobago using external fund managers.
Trinidad and Tobago Heritage and Stabilisation Fund's investment capital supports sovereign or public-sector financial objectives.1
Investment program
- Estimated AUM
- $6.3B as of Dec 31, 20252
- Capital pool
- state-owned stabilization/heritage fund (commodity-revenue sovereign wealth fund)1
- Investment model
- The Board of Governors delegates day-to-day management of the Fund to the Central Bank of Trinidad and Tobago; the Fund also uses professional asset managers under the Board’s oversight.3
- Investment approach
- Source of funds The HSF is a long-term fund that has two distinct elements: a stabilization component to insulate fiscal policy from fluctuations in energy sector revenues, and a savings component for future generations.4
- Spending support
- Not listed yet
- Spending policy
- Not listed yet
- Asset allocation
- Public evidence references these asset classes or allocation areas: venture capital, infrastructure, public markets, fixed income.4
- Performance
- Not listed yet
- Governance
- Not listed yet4
- Investment team
- The disclosed investment organization consists of the Board of Governors, which governs the Fund and sets objectives, and the Central Bank of Trinidad and Tobago, which performs day-to-day management.3
- Unfunded commitments
- Not listed yet
- Source freshness
- Last verified Jul 21, 2026 · Needs review
Sources
Last verified Jul 21, 2026 from public career and organization materials.
Fact notes
- Website (finance.gov.tt)Pool purpose, Capital pool · checked Jul 25, 2026
- Annual report (finance.gov.tt)Estimated AUM · checked Jul 25, 2026
- Annual report (finance.gov.tt)Investment model, Investment team · checked Aug 6, 2026
- Website (ifswf.org)Investment approach, Asset allocation, Governance · checked Jul 25, 2026
- Website (finance.gov.tt)Investment office page · checked Jul 25, 2026
Reports and filings
- Existing profile AUM value with source URL https://www.finance.gov.tt/wp-content/uploads/2026/07/Heritage-And-Stabilisation-Fund-HSF-–-Quarterly-Investment-Report-October-2025-–-December-2025.pdf.Annual report · checked Jul 25, 2026
- The Board of Governors delegates day-to-day management of the Fund to the Central Bank of Trinidad and Tobago; the Fund also uses professional asset managers under the Board’s oversight.Annual report · checked Aug 6, 2026
Profile and job sources
- Website (ifswf.org)Website · checked Jul 25, 2026
- Website (finance.gov.tt)Website · checked Jul 25, 2026
- Website (central-bank.org.tt)Website · checked Jul 25, 2026
- Website (finance.gov.tt)Website · checked Jul 25, 2026
- Primary job/profile sourceJob posting · checked Jul 21, 2026