Oman National Investments Development Company (TANMIA) announces the performance of the investment funds under Tanmia’s management. Al Kawthar, The Shariah Compliant Fund, reported the highest YTD growth of 5.5% across the Sultanate despite tough market conditions during 2020.
Tanmia’s GCC Diversified Fund continued to excel locally, ranking in the top three funds in Oman. In light of the positive performance, the board is pleased to announce cash dividends of 6% for Tathmeer unit holders and 5% for Al Kawthar unit holders. Investors’ names appearing with the fund administration’s register as on 18 February 2021 would be eligible for the above-mentioned cash dividends.
