SAUDI ARABIA: NCB Capital has launched the Thimar investment program that will enable mutual fund investing accessible to the general public.
Tariq Linjawi, the head of wealth management at NCB Capital, said that there is a general perception that investing requires expertise and it was beyond the reach of the general public.
“NCB Capital endeavors to change the way wealth management is viewed; wealth management is more than just a service for a select few but a life changing tool that could help investors reach their life objectives. We have designed our new Thimar program so that anyone who has a relatively small cash surplus can, from time to time, access the local, regional and international markets,” said Tariq.
The program aims to provide long-term value to investors and allows access to the full range of NCB Capital’s mutual funds – local, regional and international as well as all asset classes including money market and equity.