Dubai-based Emirates NBD Asset Management has unveiled three multi-asset funds targeted at investors with different levels of risk appetite.
The three funds – Emirates Signature Cautious Fund, Emirates Signature Moderate Fund and Emirates Signature Aggressive Fund – are all domiciled in Luxembourg and managed from Dubai.
The ‘signature’ fund range will be available in dirhams, euros and US dollars with a minimum initial investment set at $1,000.
The funds are open to those who are “looking to diversity and invest in products with global exposure”, stated the firm.
“Their allocation across global markets is determined by both a long-term strategic framework, aiming at protecting capital on respectively three, five and seven years, and a tactical process to seize medium-term opportunities,” it added.
According to Maurice Gravier, chief investment officer of Emirates NBD, the new fund range reflects the firm’s “core wealth management goal: protecting capital better than competitors during difficult times, while not being distanced when markets rally”.
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