This report analyzes the Kosovo Sovereign Fund proposal in general and the corresponding Draft Law with its precursory Concept Document in specific. It starts by briefly providing a (I) general overview of Sovereign Wealth Funds and then narrows down to the mainstay of the paper: (II) Kosovo’s Sovereign Fund initiative. The latter section is three-pronged: comprising legal arguments, policy perspectives, and theoretical examinations which push back on several grounds of the initiative. Afterward, the paper concludes with (III) final remarks and (IV) recommendations, excised from the substantive parts of the paper.