Merrill launches investable Gulf Index Certificate

News

Merrill Lynch has launched the Gulf Investible Index Certificate, an open-ended, publicly registered and exchange-listed product with daily liquidity, which offers investors the chance to invest in companies in the Gulf region chosen on the basis of Merrill's research. Companies are chosen from the largest and most liquid stocks listed on exchanges in Abu Dhabi, Bahrain, Dubai, Kuwait, Oman and Qatar.

The Gulf Investable Index comprises 20 stocks. Composition will be weighted according to market

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