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Dr Mouzayan Ginzarly, Family Medicine Consultant at Aviv Clinics Dubai by DP World, shares critical insight on the chronic disease
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NBAD declares Mena Bond Fund dividend
The National Bank of Abu Dhabi’s (NBAD) Mena Bond Fund will pay to its investors a semi-annual distribution equal to 1.75 per cent for the dollar share class and 1.61 per cent for the dirham share class of the Net Asset Value (NAV) per unit of $5.0533 and Dh5.0881, being the NAV as at March 27, 2014.
Accordingly, each unit in the Fund will receive a dividend pay-out of $0.089 for the dollar share class and Dh0.082 for the dirham share class. The Fund earned a total interest equivalent to $2.119 million and Dh948,858 in the period from September 26, 2013 until March 27, 2014.
Investors who have successfully subscribed into the Fund by March 26, 2014 will be eligible for dividends. The dividend pay-out method will be based on the pay-out preference each investor in the Fund had selected at the time of subscription.
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