Announcement by Middle East Financial Investment Company (MEFIC Capital) Announces the Annual Financial Reports for MEFIC Real Estate Income Fund for the Period Ending on 31-12-2020

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 financial year ended 31/12/2020:

Element List Explanation
Net Assets at the End of the Period  103,755,143
Total Expenses and Fees for the Period  30,087,274
Net Profit/(Loss) for the Period  7,871,864
Number of the Outstanding Units at the End of Period 9,630,000 units
Net Asset Value per unit:  10.7742
Revenue of the period 7.05 %

 

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