AMMAN — Chief Executive Officer of the
Social Security Investment Fund (SSIF) Kholoud Saqqaf said that the fund’s
assets rose to JD13.57 billion by September 30, 2022; at the end of 2021 it had
reached JD12.34 billion, which brings the increase to JD1.2 billion, so far
with a rate of return on assets at 8.1 percent, according to Al-Mamlaka TV.
اضافة اعلان
Saqqaf said, in a press statement on Sunday to
announce the most prominent results of the investment fund for the third
quarter of this year, that the assets of the fund were distributed among a
number of investment portfolios, as follows: 13.3 percent money market
instruments; 3.4 percent loans; 18.4 percent stocks; 55.7 percent bonds; 5.6
percent real estate investment; and 2.3 percent tourism investment.
She added that since the beginning of the year until
the end of September the fund had a JD505 million income, compared to JD440
million in the same period of last year, a 15 percent increase, due mainly to
the higher revenue generated from money market instruments, bonds and profits
of the investment portfolio.
Saqqaf said that the value of the fund’s portfolio
in shares amounted to JD2.48 billion, or 18.4 percent of the investment fund
assets, including the shares of public shareholding companies listed on the
Amman Stock Exchange, which rose to about JD2.2 billion, constituting 12.3
percent of the total stock exchange market value of the stock exchange. The
portfolio achieved a return rate of 26.2 percent since the beginning of the
year until the end of September.
The bond portfolio, which amounted to 55.7 percent
of the fund’s total portfolio at the end of the third quarter of this year,
achieved a return rate of 5.9 percent, which is one of the highest rates of
return achieved by the fund’s investment portfolios, compared to the low level
of risks associated with it.
Saqqaf said that the fund has continued to boost its real
estate investments since the beginning of the year, by purchasing new land,
bringing the size of the real estate portfolio to JD754 million by the end of
September this year. Its annual value is expected to exceed JD1 million.
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