Abu Dhabi - Mubasher: Abu Dhabi-based Invest AD has partnered with Julius Baer to offer a GCC fixed-income investment note, according to a statement.
The note aims to meet the investment requirements of regional institutional investors like insurance firms and pension funds.
Structured by the Swiss bank Julius Baer, the note targets 5.5% annual total returns derived from a 4.5% p.a. coupon paid on a quarterly basis.
“The note provides leveraged exposure to an actively managed portfolio of selected US dollar-denominated bonds and sukuk in the high-investment grade category – rated A minus and above," the statement said.
The note will be actively managed by Invest AD Asset Management, a unit of Abu Dhabi government-owned Invest AD.
