Weight Loss Express

12 February 2008

FGB offers open-ended certificates

First Gulf Bank (FGB) is offering a series of open-ended certificates issued by ABN AMRO Private Investor Products, to meet the needs of high net worth individuals (HNWI).

To begin with, FGB is launching trackers on European, US, BRIC and Indian Equities as well as Gold with many more to follow by the end of the first quarter.

These certificates enable investors to gain exposure to the performance Of an index, a sector, a commodity or interest rates over the medium to long term.

The investment performance of these certificates will parallel the performance of the underlying asset.

Open-ended certificates are available on a wide range of underlyings.

Mufazzal Kajiji, head of wealth management at FGB said that with increasing complexity in investment products and their valuations, clients are

looking for a transparent platform to invest in various asset classes. "With these certificates clients can get an exposure to various indices that can be easily accessed and tracked, giving their portfolio the right balance," he said. Source

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