Karafarin Bank (KB) established the first Iranian mutual fund.
KB gained approval for establishment of this mutual fund from Tehran Stock Exchange (TSE).
It´s an open end fund and will start it´s activities from June 2007.

For more information, you may contact Mr. Javadi, vice president of KB, and Manager of Investment Banking office:
J.JAVADI@KARAFARINBANK.OM
or
A.TAVAKOLI@KARAFARINBANK.COM