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Markaz Gulf Fund achieves record return
- Tuesday, February 05 - 2008 at 08:43
Kuwait Financial Centre S.A.K 'Markaz' has announced that its Markaz Gulf Fund posted 48.4% Year to Date outperforming MSCI GCC index which achieved 44.8% as of 31 December 2007. The main objective of Markaz Gulf Fund is to seek long term appreciation by investing principally in equity securities listed on the stock markets of the GCC countries. The success of the Fund's investment strategy lies in the diversification of its asset allocation, the company said.
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