President Donald Trump’s executive order to create a plan for a U.S. sovereign wealth fund would follow those of Norway, Saudi Arabia, China and others.

If created, the sovereign wealth fund could place the US alongside numerous other countries that have launched similar funds.

Key Takeaways President Donald Trump has ordered his top financial advisors to establish a sovereign wealth fund and provide details in 90 days.A U.S. sovereign fund would be unusual: countries usually establish funds to invest in budget surpluses,