PANews, December 4—According to Cryptopolitan, UAE asset management firm Mashreq Capital, headquartered in the Dubai International Financial Centre (DIFC), has announced the launch of a multi-asset investment mutual fund called BITMAC. The fund covers a variety of asset classes through ETFs, including equities, fixed income, gold, and Bitcoin. Of the portfolio, 90% is invested in global equities and global fixed income, 5% in gold, and 5% in Bitcoin. The fund is open to retail investors, with a minimum investment of $100. It provides retail investors with an institutional-level pathway, enabling them to allocate both traditional asset classes and digital assets within a single retail fund solution.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
UAE's Mashreq Capital includes Bitcoin ETF in its new multi-asset fund
PANews, December 4—According to Cryptopolitan, UAE asset management firm Mashreq Capital, headquartered in the Dubai International Financial Centre (DIFC), has announced the launch of a multi-asset investment mutual fund called BITMAC. The fund covers a variety of asset classes through ETFs, including equities, fixed income, gold, and Bitcoin. Of the portfolio, 90% is invested in global equities and global fixed income, 5% in gold, and 5% in Bitcoin. The fund is open to retail investors, with a minimum investment of $100. It provides retail investors with an institutional-level pathway, enabling them to allocate both traditional asset classes and digital assets within a single retail fund solution.