Riyadh – Mubasher: Albilad Gold ETF logged net losses worth SAR 8.05 million during the first half (H1) of 2021, fund manager Albilad Capital announced on Wednesday.
The fund’s net asset value amounted to SAR 110.11 million at the end of June 2021, while total expenses reached SAR 1 million.
The number of Albilad Gold ETF’s outstanding units totalled 11.1 million at a net unit value worth SAR 9.92.
Revenue in the January-June 2021 period declined 7.72%.