Azerbaijan's SOFAZ unveils profits on stock indices strategy in 25 years-EXCLUSIVE

 

The State Oil Fund of Republic of Azerbaijan (SOFAZ) has gained 232% or USD 5.6 billion since its inception strategy (as of June 30, 2024), SOFAZ told Paralel.Az-Economics.

Note that "MSCI World" index, which is the main index of SOFAZ's stock portfolio, includes shares of 1430 companies in 11 sectors of 23 developed countries. The total market capitalization of this company's shares is close to USD 70 trillion.

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