MEFIC Capital Announces the Annual Financial Results for MEFIC Real Estate Income Fund for the Period Ending on 31-12-2019

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.