Bank Muscat Al Tharwa Fund
Bank Muscat Al Tharwa Fund is an open-ended mutual fund registered with the Financial Services Authority of Oman. The primary objective of the Fund is to generate regular income and capital appreciation by investing in a diversified portfolio of equity and fixed income instruments in the GCC and international markets. The Fund is managed by the Bank Muscat Asset Management team, which has a track record of almost 30 years in managing equity and fixed income investments.
The initial public offering for the Fund to open on Sunday, 1st September and closes on Thursday, 12th September, 2024. The initial offer price for the Fund is 101 baiza per unit, including the issue expenses. The Fund offers daily liquidity with no minimum holding period. Investors can subscribe to the Fund with a minimum subscription amount of OMR 50 and there is no maximum limit for investment.
Key highlights of Bank Muscat Al Tharwa Fund:
Allocation to two key asset classes i.e. Equity and Fixed Income to provide a comprehensive solution to investors with the twin objectives of capital growth and regular income distribution.
Diversification and reduced volatility resulting from investing in a combination of equity and fixed income securities across the GCC and international markets. Equity offers capital appreciation while fixed income provides regular income. Hence, combination of these two asset classes provides stable returns with lower volatility in the portfolio.
Optimal asset allocation in the portfolio as the design of the fund enables regular rebalancing of the allocation to equities and fixed income securities, to provide an inbuilt advantage of diversification for investors during changing market conditions.
Regular distributions of dividends to provide investors with steady cashflows.
How to invest in the fund?
Bank Muscat customers can subscribe through the Internet Banking platform Other customers can download the subscription form from
bank’s website and submit it to the nearest Bank Muscat or Meethaq Islamic Banking branch.
For more information, you may contact us on
AssetManagement@bankmuscat.com
For other key documents related to the fund, please refer to the following links:
