Equiti Group has announced it has received in-principle approval from the UAE’s Securities and Commodities Authority (SCA) to launch the Equiti Global Balanced Fund, marking the debut of its new product line, Equiti Wealth.

So, this initiative is going to provide investors with exceptional access to a diverse range of professionally managed investment funds, starting with a minimum investment of just $1,000. In a bid to democratize access to wealth management, Equiti Wealth consolidates numerous investment solutions within a single platform, making wealth management accessible, simple, and inclusive.

Equiti Group Launches Equiti Wealth with SCA Approval

Also, Gaurang Desai, Equiti’s Managing Director of Strategy and former CEO of DGCX, has the appointment to lead Equiti Wealth. Desai brings a wealth of experience to the role, with a focus on delivering transparent and reliable investment solutions for a wide spectrum of clients, from beginners to seasoned professionals.

Mohammed AlAhmed Ketmawi, Co-founder of Equiti Group, emphasized the importance of this milestone, stating, “Today signifies a pivotal moment for Equiti as we reaffirm our dedication to enhancing financial opportunities for everyone. Our Equiti Wealth portfolio is going with the investor in mind, simplifying the path for anyone to embark on their investment journey and reap the benefits of expertly managed funds.”

Desai also highlighted the company’s mission to remove barriers to wealth creation. “By empowering clients with the necessary tools to achieve their financial aspirations, we strive to make wealth creation more accessible for all,” he said.

With regulatory approval secured, Equiti Wealth is going to transform the investment landscape, providing more individuals with the resources and knowledge needed to secure their financial futures. Through its innovative approach, Equiti continues to drive accessibility and financial literacy for investors from all walks of life.

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