Tuesday 21 february 2017 - 6:16 pm
Reports
2017 Feb 14 Tue, 01:14:51 pm

Al Hilal Global Balanced Fund delivers 1.94% dividend

ABU DHABI, 14th February, 2017 (WAM) -- Al Hilal Bank has announced the dividend payout of its Al Hilal Global Balanced Fund. The fund, which was launched in 2014, distributed a 1.94% dividend to all registered unit holders as of 24th January, 2017. The fund aims to generate appropriate periodic revenue, giving investors a chance to receive dividends and achieve long-term capital growth by investing in a globally diversified portfolio of high dividend-yield stocks and Sharia compliant fixed-income securities, or Sukuk. The distribution equalled 1.94...