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Article: Al Amal Fund returns cross 22% as of June 8.
- Article from:
- Times of Oman (Muscat, Oman)
- Article date:
- June 15, 2009
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Byline: Times News Service
MUSCAT Eoe1/4" Al Amal Fund, managed by Fincorp, has achieved a year to date return of 22.46 per cent as of June 8, 2009. This return, which is way ahead of the performance of the MSM Index of 5.62 per cent is particularly commendable as the fund adopts a policy of minimum risks.
Moreover, this achievement comes at a time when investors are experiencing a decline in investments due to the global financial conditions. Munir Makki, managing director of Fincorp stated, Eoe1/4EoThe results we have achieved prove that with professional management, investments can be profitable despite global financial downturns. We at Fincorp have ...