Fintech firm Equiti said Wednesday that it has secured in-principle approval from the Securities and Commodities Authority to launch its Equiti Global Balanced Fund.
Equiti Gains In-Principle Approval to Launch Investment Fund
It marks the inaugural product under its newly introduced platform, Equiti Wealth, aimed at offering diverse wealth management solutions tailored to long-term investment needs.
The Equiti Global Balanced Fund is designed to provide investors with access to a wide array of professionally managed funds, with a minimum investment threshold set at $1,000.
“Today signifies a pivotal moment for Equiti as we reaffirm our dedication to enhancing financial opportunities for everyone,” said Mohammed AlAhmed Ketmawi, Co-founder of Equiti Group. “Our Equiti Wealth portfolio is designed with the investor in mind, simplifying the path for anyone to embark on their investment journey and reap the benefits of expertly managed funds.“
Gaurang Desai, Managing Director of Equiti Wealth, added, “By removing barriers to wealth creation, we strive to empower our clients with the tools necessary to achieve their financial aspirations.”
He stated that the firm has a commitment to “deliver reliable, transparent, and user-friendly investment solutions” that are suitable for all investors, from beginners to seasoned professionals.
