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AMMAN — Chief Govt Officer of the
Social Safety Funding Fund (SSIF) Kholoud Saqqaf mentioned that the fund’s
property rose to JD13.57 billion by September 30, 2022; on the finish of 2021 it had
reached JD12.34 billion, which brings the rise to JD1.2 billion, up to now
with a price of return on property at 8.1 %, in response to Al-Mamlaka TV.
Saqqaf mentioned, in a press assertion on Sunday to
announce probably the most distinguished outcomes of the funding fund for the third
quarter of this yr, that the property of the fund have been distributed amongst a
variety of funding portfolios, as follows: 13.3 % cash market
devices; 3.4 % loans; 18.4 % shares; 55.7 % bonds; 5.6
% actual property funding; and a couple of.3 % tourism funding.
She added that because the starting of the yr till
the top of September the fund had a JD505 million earnings, in comparison with JD440
million in the identical interval of final yr, a 15 % enhance, due primarily to
the upper income generated from cash market devices, bonds and earnings
of the funding portfolio.
Saqqaf mentioned that the worth of the fund’s portfolio
in shares amounted to JD2.48 billion, or 18.4 % of the funding fund
property, together with the shares of public shareholding corporations listed on the
Amman Inventory Change, which rose to about JD2.2 billion, constituting 12.3
% of the whole inventory change market worth of the inventory change. The
portfolio achieved a return price of 26.2 % because the starting of the
yr till the top of September.
The bond portfolio, which amounted to 55.7 %
of the fund’s whole portfolio on the finish of the third quarter of this yr,
achieved a return price of 5.9 %, which is among the highest charges of
return achieved by the fund’s funding portfolios, in comparison with the low stage
of dangers related to it.
Saqqaf mentioned that the fund has continued to spice up its actual
property investments because the starting of the yr, by buying new land,
bringing the scale of the true property portfolio to JD754 million by the top of
September this yr. Its annual worth is predicted to exceed JD1 million.
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