Bank Muscat makes top performing mutual funds available for online investment

Bank Muscat makes top performing mutual funds available for online investment

Muscat – Top performing mutual funds of Bank Muscat are now available for online investment. The bank recently enabled online subscription and redemption options for Bank Muscat Oryx Fund and Bank Muscat Money Market Fund. Retail customers of Bank Muscat can now invest and redeem their investments in Bank Muscat Oryx Fund and Bank Muscat […]Muscat – Top performing mutual funds of Bank Muscat are now available for online investment. The bank recently enabled online subscription and redemption options for Bank Muscat Oryx Fund and Bank Muscat Money Market Fund.

Retail customers of Bank Muscat can now invest and redeem their investments in Bank Muscat Oryx Fund and Bank Muscat Money Market Fund through the bank’s mobile banking and internet banking platforms, according to a press statement.

Bank Muscat Oryx Fund and Bank Muscat Money Market Fund are the largest open-end funds listed on Muscat Stock Exchange and they have consistently been offering attractive returns to investors since their inception in 1994 and 2012, respectively.

Bank Muscat’s asset management division is the largest asset manager in Oman and one of the leading asset managers in the GCC region with approximately $2.6bn of assets under management.

Oryx Fund invests in equity securities listed in the