| - Net Asset Value : LBP
108,775.23
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| - Date : March 10th, 2010 |
| - Next Dealing Day : March 15th, 2010 |
| - Redemptions : Prior to March 12th, 2010, 12:00 noon |
| - Value Date of Funds to be Transferred : March 19th, 2010 |
| - Value Date of Redeemed Funds to be Transferred : March 22nd, 2010 |
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The Fund
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Beirut Lira Fund II gives you the opportunity to be on solid grounds by investing in your national currency at low risk and high return.
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| Key Characteristics of the Fund |
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Founder and Manager: Bank of Beirut Invest s.a.l. |
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Maturity: 5 Years |
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Currency: Lebanese Pounds (LBP) |
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Expected yearly return: 9.75% |
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Semi-annual dividend payment |
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Open-ended Fund |
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No exit fees |
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Bi-weekly redemption at the prevailing Net Asset Value (NAV) |
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| Investment Features of the Fund |
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| The “Beirut Lira Fund II” is managed by Bank of Beirut Invest s.a.l. with its assets placed in any fixed income financial instruments and securities, issued by the Lebanese Republic, the Central Bank of Lebanon and the top ten Lebanese banks, including: |
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Lebanese Treasury Bills issued by the Lebanese Republic denominated in Lebanese Pounds. |
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Certificates of Deposits issued in Lebanese Pounds by the Central Bank of Lebanon. |
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Any other fixed income instruments in Lebanese Pounds issued by the Lebanese Republic and/or the Central Bank of Lebanon. |
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Certificates of Deposit and any other fixed income instruments issued by the Top Ten Lebanese Banks. |
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