Oil Fund changes investment portfolio

It is predicted that in 2022 the share of the US dollar in SOFAZ's investment portfolio will be 65%, the share of the euro - 20%, the British pound - 5%, and other foreign currencies - 10%.

banks.az informs that this is stated in Accounts Chamber’s conclusion on the SOFAZ's budget for the next year.

The review says that in 2022 the share of debt obligations and money market instruments in SOFAZ's investment portfolio will be at least 50%, shares - a maximum of 25%, real estate - a maximum of 10%, gold - a maximum of 15%. At the end of this September, these figures were 63.1%, 18.1%, 6% and 12.8%, respectively.