Emirates NBD Asset Management announced yesterday the launch of three multi-asset funds, based on the global asset allocation methodology applied by the team of the chief investment officer in Emirates NBD, and its distinctive fund selection capabilities.
The funds bear the names “The Distinguished Cautious Fund”, “The Emirates Premium Moderate Fund” and “The Emirates Premium Bold Fund”, thus reflecting their time horizon, and are designed to suit three different categories of investors.
Its distribution to global markets is based on a long-term strategic framework that aims to protect capital over three and a half years and seven years in a row, and also based on a tactical operation that allows seizing medium-term opportunities. The portfolios will be invested in reputed international best-in-class funds, carefully selected by the relevant team. This advanced and balanced investment methodology is subject to continuous follow-up, is adjustable according to market conditions, and will be available to a wide segment of the public, with a low minimum of $ 1,000 for initial investment and daily liquidity. The funds to be managed from Dubai will combine the benefits of diversity and global expertise, along with local controls and accountability standards.
The funds are based in the Luxembourg Authority, which is well-regulated, and is subject to regulation according to the laws of its Financial Sector Supervision Authority, and managed by Emirates NBD Asset Management, which in turn is subject to the laws of the Dubai Financial Services Authority. In addition to dual regulatory oversight, funds are subject to internal controls implemented by Emirates NBD Asset Management.
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