According to a November 2010 ranking by the Sovereign Wealth Fund Institute, Alaska's Permanent Fund ranks 10th in the world by assets among oil-funded Sovereign Wealth Fundsm and 18th among all sovereign wealth funds. Alaska's $37 billion in assets is small in comparison to the leader - the United Arab Emirates Abu Dhabi Investment Authority Fund, with $627 billion in assets. Alaska's is one of three U.S. funds and the only U.S. fund completely funded by oil revenues; Wyoming has a minerals-based fund of $4.7 billion and New Mexico has a $13 billion fund based on land and resource revenues and the state's tobacco settlement.
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