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SOFAZ increases stake of shares in investment portfolio
Finance
- 27 July, 2021
- 12:48
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As of July 1, 2021, the share of bonds and other money market instruments in the investment portfolio of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 62.9%, which is 3.9 percentage points less than on July 1, 2021, Report informs with reference to the Fund.
SOFAZ increased stake of shares in the investment portfolio from 13.7% to 17.9%.
The share of gold in the fund's investments dropped from 13.6% to 13.1%, but the share of real estate increased from 5.9% to 6.1%.
At present, SOFAZ has 101.8 metric tons of gold, which is 1 ton more than a year earlier.
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