KAB Strategy Kuwait launches high yield investment tool
KAB Strategy Kuwait, the associate partner of E-Sun Bank Hong Kong has introduced a new concept in the investment by launching a new investment tool with high and unlimited returns on deposits, principal guaranteed and risk free. The launch recently took place at KAB's premises at Sharq-Kuwait.
KAB introduced the Certificate of Deposit (CD) from E-Sun Bank (Hong Kong) with 100 percent principal guaranteed and high returns on investment. The investor can deposit in US dollar or Australian dollar for periods of one, two or three years and get back his capital at maturity with a minimum interest rate, in addition to high and unlimited return on capital.
The benefits of E-Sun Certificates of Deposit is the possibility of saving with unlimited return on capital, in addition to the potential return from the comprehensive investment strategy since investors are offered the opportunity to enjoy potential higher return at maturity by participating in the high growth investment tools through the qualified and experienced fund managers at E-Sun bank Hong Kong. Furthermore, the principal is 100 percent guaranteed at maturity, and most of all the investors enjoy the possibility of refinancing up to 80 percent of the structured deposit value with very low rates.
KAB also launched the Dual Currency Instrument (DCI). This tool is very popular in the Far East countries. DCI provides high interest rates on deposits with an average of 18 percent per annum in a short period of time. The process of DCI is simple, for example, if the investor deposits a certain amount of US dollars for a period of one month and links it to euro with fixed Eur/USD exchange rate and fixed interest rate of 20 percent, at maturity, the investor will get back his 100 percent capital in addition to the 20 percent interest in US dollar or in euro according to the fixed exchange rate in the DCI contract.
KAB has started trading with Options, a tool that protects investors from the risk of exchange rate fluctuations in the financial markets. KAB combines elements of traditional investment approaches and new technology to cater to its client’s investment needs. KAB’s services range from fund management and strategic consultancy to real-time trading. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
- GCC Investment Strategy and Sectors Outlook for 2007
- Wataniya raises the bar with Tools for Business 2006
- Arab Bank Investment Linked Deposits earn up to 42.71% - between two and four times the minimum guaranteed return
- BLME launches first Sharia’a compliant UK light industrial building fund for Gulf investors
- Al-Gharaballi: GCC Real Estate Fund Investing In The Kuwait Market