The managing director and CEO of NDIC, Umaru Ibrahim, has stated that the size of the DIF was based on the
Target Fund Ration calculated.
In the mergers, the shares of each
Target Fund were converted into newly issued shares of the corresponding Acquiring Fund.
Key points are: when and where do you hope to retire, what is your
target fund, what other investments or assets do you have, how much can you afford to contribute, how you feel about risk and what other pensions do you have.
Our fund seeks to provide long-term capital growth by investing in
Target Fund which invests in syariah-compliant and global commodity-related securities, he said.
The
target fund size is set at USD 150mln, whilst the term of the fund will be seven years with up to three additional one-year extensions to allow for orderly liquidation of the Fund's assets.
With this successful first closing we are confident of reaching the
target fund size of the $350 million in the next few months" said deputy CEO at Rasmala and member of the Fund's investment committee Tamer Bazzari.
With a
target Fund size of $1 billion, BREOF continues to evaluate additional opportunities to acquire and reposition real estate in markets in which Brookfield Asset Management has access to superior market knowledge, or secondary markets with the appropriate risk profile.
69%; and our last selection, Nations Balanced
Target Fund (NYSE: NBM; 800-321-7854) is a hybrid fund that contains both bonds and stocks of large-cap companies.
And, Charles Schwab Bank has increased flexibility to replace underlying strategies, a focal point for retirement plan fiduciaries when evaluating
target fund construction.
The proposed
target fund size is Rs 500 crore with an additional option of raising Rs 500 crore and focusing an average deal tenure of three years.
The dividend for each of the
Target Funds will be distributed to shareholders in cash, notwithstanding any shareholder's enrollment in the
Target Fund's dividend reinvestment plan.
Feeder funds are basically UITF that can invest to 90 percent of the portfolio in a one
target fund," Javier said.
