National Council for Social Security Fund (NCSSF) has disclosed its annual report, Pensions & Investments reports. The Chinese sovereign wealth fund’s total assets increased by 10.3% to $131 billion as of December 31.
The social security fund gained $4.94 billion from equity investment with a yield of 4.23%, adds Xinhua. NCSSF expects the total assets of the fund to reach $153.98 billion by the year end.
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