In the first quarter of 2021, the share of SOFAZ investments on bonds and other money market instruments dropped 4.7 percentage points to 64%, Report informs, citing the Fund.
The proportion of the shares in the investment portfolio rose from 12.4% to 17%, gold increased from 12.8% to 12.9%, real estate remained unchanged at 6.1%.
In the reporting period, 57.1% of bonds and other money market instruments, in which SOFAZ invested, received AAA rating, which is 0.7 percentage points more than a year ago.
The Fund changed the share of AA-rated instruments from 12% to 11.9%, the A-rated instruments - from 19.2% to 20.9%, and the BBB-rated instruments - from 9.4% to 8.8%.
The proportion of the non-investment grade instruments dropped from 1.4% to 1.3%.