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NBAD mutual funds soar
- United Arab Emirates: Thursday, July 21 - 2005 at 07:44
The National Bank of Abu Dhabi's three local mutual funds have reported strong total asset growth. Its UAE Trading Fund is up 117% since the start of the year, and up 270% since its inception in February 2004; the UAE Growth Fund was up 104% this year and 540% since October 2000; and the UAE Islamic Fund launched last January was up 74%.
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Peter J. CooperThursday, July 21 - 2005 at 07:44 UAE local time (GMT+4)
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