27.05.2009 - Daman fund outperforms NBAD index
From Business24-7.ae: Daman Investments, the Dubai-based investment management company, yesterday said its open-ended Daman Second Emirates Fund, which is focused on UAE equities, outperformed the index, rising 0.48 per cent against 0.47 per cent decline in NBAD General Index in April. Its net asset value stood at Dh43.45 per unit. Meanwhile, the Daman Islamic Fund recorded a drop of 0.64 per cent and ended April at a NAV of Dh43.06.......Full Article: Source