National Bank of Fujairah launches private equity product

The product, structured by ABN Amro, invests in an American and European private equity share basket, equally divided between ten listed private equity companies.

The so called "Future Value Protected Product" provides investors with the opportunity of 95% participation in the basket while at the same time providing 100% capital protection. The product is open for subscription till October 31 with a minimum investment of US$50,000. In the case of early redemption, a 2% fee will be levied for

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