UAE Mashreq Capital includes bitcoin ETF in its new multi-asset fund
ChainCatcher news, according to Cryptopolitan, UAE asset management company Mashreq Capital, headquartered in Dubai International Financial Centre (DIFC), has announced the launch of the multi-asset investment mutual fund BITMAC. This fund covers multiple asset classes through ETFs, including equities, fixed income, gold, and bitcoin. 90% is invested in global equities and global fixed income, 5% in gold, and 5% in bitcoin.
The fund is aimed at retail investors, with a minimum investment of $100. It provides retail investors with an institutional-grade pathway, enabling them to allocate both traditional asset classes and digital assets within a single retail fund solution.
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