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: Net assets value (assets) at the end of the period: SAR 103,755,143, Total expenses and fees for the year 2020: SAR (30,087,274), Net income / (loss) for the year 2020: SAR (7,871,864) Number of units at the end of the year: 9,630,000 units, Net asset value per unit: SAR 10.7742 Return on the period: (7.05) %

For the audited financial statements for the year ended 31/12/2020 please visit the link below: