By Avinash Saxena
The Future Generations Reserve Fund (FGRF) ended the fiscal year 2020 with positive results, despite the unprecedented economic environment resulting from the Covid-19 pandemic.
The FGRF recorded total profits and other comprehensive income of $43.9 million, achieving an annual return on average investments of 6.83 per cent, and recording total assets under management of $520.9m, which confirms the efficiency and effectiveness of the fund.
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