Qatar Today - - BUSINESS > BANK NOTES -

Com­mer­cial Bank's Al Waseela Fund has won the pres­ti­gious ‘Qatar Eq­uity Fund of the Year' award at the an­nual MENA Fund Man­ager Awards held in Dubai re­cently.

The Al Waseela Fund (F-Class) is man­aged by EFG-Her­mes and pro­vides re­turns on a di­ver­si­fied port­fo­lio of eq­ui­ties listed on the Qatar Ex­change and GCC stock mar­kets. Since its in­cep­tion in April 2007, the Fund has gained 104.14%, achiev­ing an im­pres­sive 30.8% gain in 2013 and a fur­ther 9.49% gain in the year up to March 16.

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