Guest host Tim Powers speaks with John Ruffolo, Founder & Managing Partner, Maverix Private Equity and a Co-Founder of the Council of Canadian Innovators, to help answer this week's Explainer question: What is a sovereign wealth fund?

Listen to The Vassy Kapelos podcast on the iHeart radio app, Apple Podcasts, Spotify, or wherever you listen to your podcasts. Follow us on Twitter at @VassKapelosShow and on Instagram at @VassyKapelosShow.