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Meezan Capital Protected Fund-II (MCPF-II), second in series of first Shariah compliant Capital Protected Funds in Pakistan reported net income of Rs.
Takaful Emarat Capital Protected Fund is open to UAE nationals as well as expatriates with no minimum requirements, however, it is not open to corporates.
The new Capital Protected Fund offers 90 per cent of the highest net asset value protected at all time.
The three new open-ended funds - a capital protected fund, a bond fund and a real estate fund - come after the firm's debut investment fund "Hemaya" launched in July this year.
The three new open-ended funds -- a capital protected fund, a bond fund and a real estate fund -- come after the firm's debut investment fund "Hemaya" launched in July this year.
uk UK's Scottish Widows has launched a new Capital Protected Fund 10, with a cash investment period from February 4, 2009 up to June 11, 2009.
Innovative products Another key investment theme for 2009 is the development of more innovative products such as capital protected funds to entice investors back into the market.
Alternative Energy is a 100 per cent capital protected fund provided in cooperation with leading international investment bank Goldman Sachs.