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NBF launches Investment Management Business

National Bank of Fujairah (NBF) has announced the launch of its Investment Management business for affluent priority-banking, high-net-worth and institutional investors with high quality, independently-researched and risk-based investment solutions.
The bank's approach will be objective and transparent with regards to the individual investments to be held and the charges incurred, and they will use more than 30 of the best in class international fund managers to build the model portfolio.
Model portfolio solutions can start from as low as $25,000 for lump sum investments and as low as $1,000 for a monthly contribution in a systematic investment plan, across both conventional and Sharia' compliant investment solutions. NBF's investment solutions are offered in eight distinct risk-based model portfolios, comprising independently-researched, multi-asset mutual funds. Each portfolio contains an average of 12 mutual funds that invest in various asset classes and geographies. The bank collaborates with MorningStar, an independent investment research firm, to construct and dynamically manage the portfolios.
- Wam