Thursday 17, April 2014 by Matthew Amlôt

NBAD MENA Bond Fund delivers dividend of 4.87 per cent and 4.48 per cent

The National Bank of Abu Dhabi’s NBAD MENA Bond Fund will pay to its investors a semi-annual distribution equal to 1.75 per cent for USD share class and 1.61 per cent for the AED share class of  the Net Asset Value (NAV) per unit of $5.0533 and AED 5.0881, being the NAV as at March 27, 2014. Accordingly, each unit in the Fund will receive a dividend pay-out of $0.089 for the USD share class and AED 0.082 for the AED share class.

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