Structure
Open ended Egyptian Mutual Fund
Objective
The fund aims at providing the highest possible yield with the lowest possible risk, while also maintaining high liquidity allowing investors to redeem and subscribe daily without any fees. This is achievable by investing and trading in low-risk securities, such as government securities(Treasury Bonds and Bills), certificates of deposits, commercial paper of companies, Bank Deposits, Savings Accounts, Savings Certificates and other highly liquid and low-risk securities.
Investment Strategy
The fund will invest in fixed income securities such as T.Bills, T.Bonds, Bank Deposits, Corporate Bonds and Certificate of Deposits.
Bank Sponsored
Credit Agricole Bank and its different branches
Investment Manager
Egyptian Fund Management Group
Minimum Subscription
10 Investment Certificates
Financial Year End
31 December
Subscription & Redemption
Daily