The fund makes medium to long-term investments, globally and domestically, to diversify the government of Oman's asset base and create a pool of sustainable cash flow.
The fund is legally prohibited from publicly disclosing information about its investment strategy or asset allocation.
Its primary objective upon its establishment was to generate economic growth in the Sultanate of Oman, through direct investment in domestic companies, by assisting foreign companies to extend their investments and operations in Oman, or by facilitating knowledge and technological transfer to domestic entities.
It has shown a preference for high-growth emerging markets, such as India, where Oman has historical trading ties.
It is overseen by Financial Affairs and Energy Resources Council and the Ministry of Finance of Oman.