Investor profile

The Economic and Social Stabilization Fund (ESSF) was born in 2007 as a successor of the defunct Copper Stabilization Fund, and it allows for the financing of fiscal deficits and amortization of public debt. The ESSF works in tandem with the Pension Reserve Fund (PRF), which serves as a savings mechanism for the future pension contingencies, on the back of a growing senior citizen population. Both funds are managed jointly and have been successful in reducing Chile’s dependency on copper and impact of economic crises.