RIO manages the state’s financial resources, with a primary focus on the Legacy Fund and various public retirement funds. Through strategic investment and sound management, RIO contributes to North Dakota’s financial health, ensuring resources are available to support the state’s priorities and provide stability for retirees and residents.

A major responsibility of RIO is the North Dakota Legacy Fund, a sovereign wealth fund established in 2011 to capture a portion of oil and gas tax revenues. The Legacy Fund aims to build long-term wealth for the state, offering future generations a financial foundation while supporting investments that promote economic growth. It stands as a symbol of North Dakota’s commitment to effectively manage its natural resource wealth for the benefit of both present and future residents.

In addition to the Legacy Fund, RIO manages various public retirement funds, ensuring the financial security of retirement benefits for public employees, educators, and law enforcement personnel. By employing responsible investment strategies, RIO focuses on balancing risk and growth to maintain the long-term health of these funds, ensuring retirement stability for the state’s public workforce.

RIO’s approach to diversified investments underscores North Dakota’s commitment to long-term growth and economic resilience. Through careful stewardship of these assets, RIO plays a critical role in preserving the state’s wealth, supporting North Dakota’s economy, and securing retirement benefits for its residents.