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NBK offers a multi asset investment opportunity
- Kuwait: Thursday, December 27 - 2007 at 10:52
National Bank of Kuwait (NBK) announced the launch of NBK Frontier Multi-Asset Fund SPC. The Fund's launch will provide clients with an investment vehicle that allows investing in eight different asset classes within a single fund. 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 low costs through investing in three distinct portfolios with different risk tolerances according to the needs of investors.
Moderate investors, on the other hand, can invest in the Moderate Multi Asset Portfolio that targets approximately 75% of risk associated with equity investing.
While more aggressive investors can invest in the Plus Multi Asset Portfolio that targets all risk associated with equity investing.
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Amena Bakr, Senior Reporter
