| 18-month-old fund attracts over $100 million from individuals, corporates and insurance companies, achieves more than four times the total return compared to overnight deposits.
Deon Vernooy, Senior Executive Officer at Emirates NBD Asset Management, said, “In a low interest rate environment, investors need to focus on earning the best profit rates from their liquid assets, and the Emirates Islamic Money Market fund is an ideal vehicle for investors seeking a cash allocation in their portfolio..............................................Fll Article: Source
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