Saint Kitts and Nevis Sovereign Wealth and Resilience Fund

At a glance. Saint Kitts and Nevis is setting up a Sovereign Wealth and Resilience Fund to save part of its citizenship by investment and geothermal income and to hold liquid reserves for disaster recovery. The National Assembly passed the bill on 31 March 2026. The fund is not yet operating, has no assets and no board has been named. S3 S1

Key points

• Bill passed by the National Assembly on 31 March 2026. S1
• Funded by up to a quarter of CBI Unit profits, SISC revenue and geothermal authority profits. S3
• Disaster withdrawals are capped at 30 percent of the balance and need an Assembly resolution. S3
• Investments mainly in foreign assets, with strict withdrawal limits. S4
• Sub-funds may cover general investment, natural disasters and resilience. S3

Interesting facts

• The opposition leader and the Premier of Nevis each appoint a board member. S3
• The annual report is due within 60 days of year end. S3
• The bill commits the fund to the Santiago Principles. S3

Mandate and goals

Save across generations, keep ring-fenced liquid assets for quick recovery after natural disasters and act as a counter-cyclical buffer, with rules-based deposits and withdrawals. S3

• Intergenerational savings from extraordinary revenue. S3
• Liquid reserves for disaster recovery. S3
• Counter-cyclical fiscal buffer. S3

How it invests

Past investments

The fund has not published a list of investments.

Investment process

A seven-member board, chaired by a Prime Minister appointee, runs the fund; the Financial Secretary is non-voting secretary. S3

1. Revenue shares are deposited under the bill. S3
2. Board invests through hired managers. S3
3. Withdrawals need a National Assembly resolution. S3

How to approach: No approach route until the board is appointed. S3

Size and returns

• Headline size: No assets yet (Fund market value, as of 2026-04-01) S1
• Returns: the fund does not publish a return figure.

Leadership

Governance and transparency

• Legal basis: Saint Kitts and Nevis Sovereign Wealth and Resilience Fund Bill, 2026 S3
• Oversight: National Assembly and Minister of Finance S3
• Annual report with audited statements due within 60 days of year end. S3

Transparency score: 2.0 of 10 (band 1 of 5). Our own 10-item rubric; see the methodology page.

• Published: governance and mandate documents. S3
• Partly published: named leadership, regular reporting schedule. S3
• Not published: total assets, annual return, long-term returns, asset allocation, geographic or sector split, holdings or deal list, audited financial statements. S1 S3

History

Common questions

Is the fund operating?

Not yet. The bill passed in March 2026; no assets or board have been reported. S1

Where will its money come from?

Shares of citizenship by investment and geothermal income. S3

Can it be used after a hurricane?

Yes, up to 30 percent of the balance with an Assembly resolution. S3

Related profiles

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• Budgetary Income Stabilization Fund Mexico · MXN 136.6B
• Heritage and Stabilisation Fund (Trinidad and Tobago) Trinidad and Tobago · USD 6.25B
• Savings and Stabilization Fund (FAE), Colombia Colombia · USD 4,588.5M

All sovereign wealth funds in Latin America and Caribbean · All proposed or pipeline funds · All funds in Saint Kitts and Nevis

Sources

1. S1SKNIS, Senator Phillip supports the fund; bill passed (1 April 2026)
2. S2IFSWF, members list
3. S3SKNIS, Sovereign Wealth and Resilience Fund Bill, 2026
4. S4SKNIS, Prime Minister positions the fund as a legacy initiative (31 March 2026)
5. S5SKNIS, bill to receive second reading on 31 March 2026
6. S6SKNIS, government to unveil sovereign wealth fund (7 February 2025)