ABN AMRO report record response for Investment Guru product

Published January 18th, 2004 - 02:00 GMT
Al Bawaba
Al Bawaba

ABN AMRO in the United Arab Emirates (UAE) has reported a record response for its Investment Guru investment product – an offering that capitalizes on the investment strategies of four of the top money managers of our times. 

 

Based on the investment strategies of these financial wizards, the note's aim is to maximize financial returns for the bank's rapidly growing number of investment customers, both locally and internationally.  

 

This new investment opportunity, which will be available to ABN AMRO customers until January 30, 2004, is called the Investment Gurus Principal Protected Note. Investments are committed to a basket of three funds and one holding company, which are controlled or founded by the investment gurus Warren Buffet, John Templeton, Charles Merrill and Peter Lynch. The basket is constructed in such a way that it offers diversification to clients across several asset classes.  

 

UAE Investors interested in participating in the fund must commit a minimum of $10,000, however all capital is protected at the maturity of the note by ABN AMRO. Investors can arrange their participation at any of the three ABN AMRO branches in Dubai, Sharjah or Abu Dhabi. — (menareport.com)  

© 2004 Mena Report (www.menareport.com)