Capital for Investments funds IPO success
Jordanian Capital for Investment and Financial Brokerage, "Capital for Investments," announced the successful initial offering of its global fund, "Capital for Global Investments." The fund raised a total of 2,223,500 Jordanian Dinars from subscriptions, surpassing the minimum required amount of 2 million Dinars by 111.175%. The company reaffirmed investor confidence in the fund's management, which aims to build a diversified portfolio that includes global equities, fixed income instruments, bonds, and cash, all managed flexibly with the option to submit subscription and redemption requests monthly. This fund is the first open-ended, locally registered global investment fund denominated in Jordanian Dinars in the Kingdom, providing investors with a professional and organized means to access international financial instruments.
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