Monday, 11 December 2017 12:29 GMT

UNB posts 77% returns on Al Itihad Fund

(MENAFN - Khaleej Times) The Fund's objective is to achieve capital appreciation by investing in the best of breed collective investment vehicles in the UAE mainly invested in publicly traded equities

Al Samaha Islamic Fund, which invests in Shariah compliant large caps across the Middle East region, achieved a return of 37 per cent as of December 31, 2013. Strategic investment policies and risk diversification, backed by fundamental and technical analysis, placed Al Samaha Islamic Fund amongst the best performing Islamic Funds in the UAE for 2013

UNB's individually customised discretionary portfolios realised a return of 82 per cent for the same period ending December 31, 2013

UNB posts 77% returns on Al Itihad Fund

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