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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

National Oil Fund’s average annual earning capacity stands at 4.51pct

Posted on 26 July 2012

The National Oil Fund’ average annual earning capacity stands at 4.51%, Newkaz.ru reports, citing the National Bank’s Governor Gregory Marchenko as saying July 25 during the online conference arranged by Profinance.kz.
“Things are up for the National Bank. The Fund’s assets in 2011 and the H1 2012 grew by $20.8 billion; the average annual earning capacity stands at 4.51%. The Fund’s investment income from its foundation to 2011 made up $6.2 billion”, Mr. Marchenko said………………………………………..Full Article: Source


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