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Profitability of SOFAZ's investment portfolio increases
Finance
- 19 January, 2022
- 09:31
In 2021, the total return on the investment portfolio of the State Oil Fund (SOFAZ) was 4.49%, Report informs, citing the fund.
For comparison, this figure was 2.82% in 2020.
As for individual investment instruments, last year, the yield on bonds and money market instruments fell from 1.58% to 0.06%, while the yield on shares rose from 1.34% to 3.68%. Last year’s 0.1% loss on real estate was replaced by 0.75% profitability.
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