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Emirates NBD launches Mena fund

Emirates NBD has announced the launch of the Emirates Mena Fixed Income Fund, which aims to invest in a portfolio of fixed-income instruments, predominantly from issuers in the Mena region. Key features of the open-ended US dollar denominated fund include access to a diversified portfolio of Mena fixed income securities, option of semi-annual income distribution, open-ended with weekly dealing, and an estimated yield of approximately 6%.

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