MEFIC Capital announces the availability of the annual financial report of the MEFIC REIF Fund. The following is a summary of the financial results for the fiscal year ended 31/12/2019:
Net assets (assets) at the end of the period: SR111,627,007
Total expenses and fees for the year 2019: SR154,875
Net profit / (loss) for the year 2019: SR (154,875)
Number of units at the end of the year: 9,630,000 units
Net unit value: SR 11.5916
Return on the period: (0.14%)
For the audited financial statements for the year ended 31/12/2019 please visit the link below.
https://bit.ly/38Yx43zhttp://mefic.noip.me:8089/mefic/wp-content/uploads/2020/06/1219English.pdf