NBK offers a unique multi asset investment opportunity

The Fund's launch will provide clients with an excellent investment vehicle that allows investing in eight different asset classes within a single fund. This offering strengthens NBK's position as the prime financial institution providing investment solutions at both the local and regional level.

Salah Al Fulaij, General Manager of the Investment Services and Treasury Group, stated that the Fund was established to provide NBK private banking clients with multi asset global diversification at extremely low costs through investing in three distinct portfolios with different risk tolerances according to the needs of investors. Conservative investors can invest in the Conservative Multi Asset Portfolio that targets approximately 50% of the risk associated with equity investing. Moderate investors, on the other hand, can invest in the Moderate Multi Asset Portfolio that targets approximately 75% of risk associated with equity investing. More aggressive investors can invest in the Plus Multi Asset Portfolio that targets all risk associated with equity investing.

Mr. Al Fulaij added that the Fund was established to achieve long term capital growth. The investment strategy seeks to deliver portfolios with stable returns and lower volatility through global asset diversification. Each portfolio is comprised of a global portfolio of major asset classes, and low correlation between asset classes ensures that combining them results in a globally diversified, lower volatility portfolio.

The Fund is denominated in US Dollars with a minimum initial subscription of $100,000 and subsequent multiples of $10,000. The Fund is open-ended with monthly subscriptions and redemptions.