Emirates NBD Asset Management has launched three multi-asset funds for investors in different risk categories.
The Emirates Signature Cautious Fund, Emirates Signature Moderate Fund and Emirates Signature Aggressive Fund, which are domiciled in the jurisdiction of Luxembourg and regulated by the Commission de Surveillance du Secteur Financier (CSSF), are open to those who are looking to diversity and invest in products with global exposure.
“Their allocation across global markets is determined by both a long-term strategic framework, aiming at protecting capital on respectively 3, 5 and 7 years, and a tactical process to seize medium-term opportunities,” the firm said in a statement.
The so-called “signature” funds will be available in dirhams, euros and US dollars, and will require low minimum initial investment of $1,000.
Maurice Gravier, chief investment officer of Emirates NBD, said the products reflect their wealth management goal, which is to protect capital “better than competitors during difficult times, while not being distanced when markets rally”.
(Writing by Cleofe Maceda; editing by Seban Scaria)
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