Arab Today, arab today nbad\s mizaat fund delivers 25
Last Updated : GMT 21:03:02
Arab Today, arab today
Arab Today, arab today

NBAD\'s Mizaat Fund delivers 2.5%

Arab Today, arab today

Arab Today, arab today NBAD\'s Mizaat Fund delivers 2.5%

Abu Dhabi - WAM

The National Bank of Abu Dhabi (NBAD), will distribute the equivalent of 2.50% of the Mizaat Fund\'s net asset value (NAV) of AED 3.6377, being the NAV as of July 11, 2013. This represents a payout ratio of 35.59% of the fund\'s income from November 1st, 2012 to July 11th, 2013. All those investors who successfully subscribed to the fund on or prior to July 9th, 2013 will be eligible for the dividend distribution. \"We are pleased that the UAE Distribution Fund (UDF) continues to remain an outstanding market leader. A testament to the success of the UDF is that it is delivering dividends to investors while providing exposure to a blend of asset classes,\" said Saleem Khokhar, the Head of Equities at NBAD\'s Asset Management Group. \"Our strategy continues to yield very positive results for our clients. Last year, Mizaat was named the Best Regional Investment Fund in the prestigious Banker Middle East Products Award 2012. UDF, created in 2006, is managed by NBAD\'s Asset Management Group which aims to provide investors\' returns by investing in a blend of fixed income, real estate, and equities, with emphasis on dividend growth and stable recurring income streams. UDF managers seek returns over the medium-term via active management of asset classes, sector rotation and stock picking. UDF managers invest in the UAE and across the GCC region. NBAD\'s Asset Management Group manages assets in excess of AED5 billion, making it one of the largest of its kind in the UAE.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nbad\s mizaat fund delivers 25 Arab Today, arab today nbad\s mizaat fund delivers 25

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nbad\s mizaat fund delivers 25 Arab Today, arab today nbad\s mizaat fund delivers 25

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday