SOFAZ increases stake of shares in investment portfolio

SOFAZ increases stake of shares in investment portfolio

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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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https://report.az/en/finance/sofaz-increases-stake-of-shares-in-investment-portfolio/

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