ETF TechFlow news, December 4: According to Cryptopolitan, UAE asset management firm Mashreq Capital announced the launch of a multi-asset investment mutual fund named BITMAC, which allocates assets in stocks, fixed income, gold, and bitcoin through ETFs.
The fund targets retail investors with a minimum investment amount of USD 100. In terms of asset allocation, BITMAC allocates 90% of funds to global equities and global fixed income assets, 5% to gold, and 5% to bitcoin ETFs.
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