Guaranteed Investment Funds Coming 

The Securities and Exchange Organization (SEO) has announced the articles of association for setting up guaranteed investment funds.
The funds are designed to encourage indirect investment by retail investors in the share market, according to the Securities and Exchange News Agency (SENA).  
Guaranteed investment funds assure that all or part of the invested capital will be secure at a specific and a designated time.
The SEO has signed agreements in principle for setting up two such funds with the principal amount to be guaranteed by either a guarantor or owners of preferred equities of investment funds. The guarantor can be a third party, namely an insurance firm.