Browse
related articles
Set up to target the UAE's, and the region's High Net Worth Individuals (HNWI), and mass affluent segments, First Wealth provides a comprehensive range of investment products and services tailored to the financial planning needs of local and expatriate clientele.
These Certificates enable investors to gain exposure to the performance of an index, a sector, a commodity or interest rates over the medium to long term. And as the name suggests, Open-ended Certificates do not have fixed expiry dates meaning that investors can pursue their investment goal for as long as they please. The investment performance of these certificates will parallel the performance of the underlying asset.
Open-ended Certificates are available on a wide range of underlyings. To begin with, FGB is launching trackers on European, US, BRIC and Indian equities, and Gold commodity with many more to follow by the end of the first quarter.
Mufazzal Kajiji, Head of Wealth Management at FGB said
"With increasing complexity in investment products and their valuations, clients are looking for a transparent platform to invest in various asset classes. With these certificates clients can get an exposure to various indices that can be easily accessed and tracked, giving their portfolio the right balance."
Digg
Facebook
LinkedIn
Twitter
Posted by Anne-Birte Stensgaard, Senior News Editor
It looks like you are using a Mac - check out our 
Web Feeds