Profitability of SOFAZ's investment portfolio increases

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.