PANews reported on December 4th, citing Cryptopolitan, that Mashreq Capital, an UAE-based asset management company headquartered in the Dubai International Financial Centre (DIFC), announced the launch of its multi-asset mutual fund, BITMAC. This fund, through ETFs, covers multiple asset classes including stocks, fixed income, gold, and Bitcoin. It invests 90% 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-grade pathway, enabling them to allocate to both traditional asset classes and digital assets within a single retail fund solution.PANews reported on December 4th, citing Cryptopolitan, that Mashreq Capital, an UAE-based asset management company headquartered in the Dubai International Financial Centre (DIFC), announced the launch of its multi-asset mutual fund, BITMAC. This fund, through ETFs, covers multiple asset classes including stocks, fixed income, gold, and Bitcoin. It invests 90% 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-grade pathway, enabling them to allocate to both traditional asset classes and digital assets within a single retail fund solution.
Mashreq Capital in the UAE has included a Bitcoin ETF in its new multi-asset fund.
PANews reported on December 4th, citing Cryptopolitan, that Mashreq Capital, an UAE-based asset management company headquartered in the Dubai International Financial Centre (DIFC), announced the launch of its multi-asset mutual fund, BITMAC. This fund, through ETFs, covers multiple asset classes including stocks, fixed income, gold, and Bitcoin. It invests 90% 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-grade pathway, enabling them to allocate to both traditional asset classes and digital assets within a single retail fund solution.
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