Emirates NBD has enabled over 232 mutual funds on the bank’s ENBD X digital wealth platform, allowing customers to buy and sell instantly, with straight-through processing.
Emirates NBD Clients can now select the mutual fund of their choice from a range of over 232 funds managed by leading global asset managers, including Emirates NBD Asset Management, BlackRock, Fidelity and Pimco, on its digital wealth platform that already hosts more than 11,000 global mutual funds. actions and 150 regional actions. The variety of mutual funds strengthens a versatile range of investment options available in ENBDXwhich has more than 150 banking services for its clients.
Mutual funds listed on the digital wealth platform display risk and sustainability rates from renowned financial services company Morningstar, as well as historical performance, providing clients with accurate analysis of the funds they can select to invest in. Additionally, exchange-traded mutual funds can be bought or sold instantly on the platform, with a simple and seamless processing process.
Marwan Hadi, Group Head, Retail Banking and Wealth Management, Emirates NBD, saying,
“The launch of a wide range of mutual funds on the ENBD X wealth management platform reflects the bank’s commitment to the investment needs of our clients. The addition of mutual funds is another important step in our journey towards creating an exceptional global mobile application, where customers can meet their everyday banking needs and further invest in a variety of savings instruments to create a comprehensive savings portfolio. “ENBD X is truly the app for banking and more.”
Pedro Sousa Cardoso, Chief Digital Officer, Retail Banking and Wealth Management, Emirates NBD, saying,
“Convenience, agility and fluidity are cornerstones of our goal to offer customers a first-class experience for their digital banking needs. With the launch of over 232 mutual funds, we have further empowered our customers to manage their wealth and invest safely in the savings instrument of their choice. ENBD
Emirates NBDThe recently launched digital wealth platform allows clients to trade securities and ETFs on both global exchanges such as Nasdaq, NYSE and London Stock Exchange and local markets such as Dubai Financial Market, Abu Dhabi Securities Exchange and Nasdaq Dubai.
News source: Emirates News Agency