Mar 1 2011, 03:37 PM
Sounds like a medium to short term fixed income kind of instrument.
NED-i = Negotiable Instrument of Debt (i = islamic)
Callable = the issuer can terminate the fund anytime.
Better to buy Bond funds, less risky.
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7-YEAR CALLABLE ISLAMIC RANGE ACCRUAL NID-I, anyone buy this product pls comment here
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