Asal Asset Management Company targets up to IRR5 trillion (US$3.64 million) for new fixed income ETF

IRAN: Asal Asset Management Company has floated the ASAL Exchange-Traded Fixed Income Fund, which will remain open for subscription until the 28th June 2026 at IRR10,000 (US$0.007) per unit on Iran Fara Bourse. The company targets to raise between IRR500 billion (US$363,504) to IRR5 trillion (US$3.64 million) for the fund.

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