Kardan Fixed Income Fund

 

Rate of return up to 24% annually (paid monthly), 20% guaranteed, more than 24% at the time of withdrawal or end of financial year

Liquid in 3 working days from submission of withdrawal request (preferential conditions for amounts above $1m)

Minimum return (20%) guaranteed by: Saman Bank

No exit penalty

Current portfolio effective interest rate: 26.8%

All returns and capital gain is tax free

Investment limits: min: $300 – max: $7 million

Portfolio: Municipality and corporate debt papers, bank deposits, (we are allowed to have stocks up to 30%. Our policy is 0 shares for the coming year)

Kardan Index ETF Fund

 

Pegged with TEDPIX

No exit penalty

Official market maker: Lotus Parsian Investment Bank

Capital gain is tax free

Portfolio: Covers 90% of TSE industries’ according to their share in index. Sampling method.

Kardan Large Cap Fund

 

Active portfolio targeting above index returns

Focusing on large and liquid stocks in Tehran Stock Exchange and Iran Farabourse (Iran OTC Market)

Capital gain and dividends are tax free

Liquid in 3 working days from submission of withdrawal request (preferential conditions for amounts above $1m)

Cash dividend in 6-month periods up to 24% annually,

Investors are not eligible for receiving gains if they withdraw investments within 45days,

Investment limit: $300 to $800k