Numisbing Limited invest USD 1 Million in its Collectibles Fund
STOCKHOLM, 14 of June, 2019 – Numisbing AB announced that its Dubai based subsidy Numisbing Limited has invested USD 1 Million (SEK 9.4 Million) into Class ‘A’ of Collectibles Fund segregated portfolio as per 31 May 2019 NAV of USD 142.4068 per unit (Bloomberg : CABCOSP:KY). This investment will be utilized by Collectibles Fund to acquire more Numismatic items to its existing portfolio.-“Due to high appreciation in the collectibles market over couple of years, the fund showed an exceptional growth rate of over 28 percent in the year 2018, and 11 percent growth in first 5 months of 2019.