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BANK OF ALEXANDRIA Fund 1
Date
Nav per share (EGP)
YTD
2018/12/13
353.46
-9.48 %


Fund Annual Performance
Year201220132014201520162017
Return37%24.45%23.8%-18%53.40234%-0.2967%

Fund Information
Fund Name
BANK OF ALEXANDRIA Fund 1
Type
Equity Fund
Inception Date
Nov-94
Structure
Open-Ended Egyptian Mutual Fund.
Objective
Capital appreciation & periodic income distribution.
Investment Strategy
The fund seeks to mitigate sharp fluctuations in Net Asset Value (NAV), making it suitable for investors with low volatility tolerance. The fund will invest principally in equity and the equity related securities of companies listed on the Egyptian Stock Exchange.
Bank Sponsored
Bank of Alexandria & its different branches
Investment Manager
Hermes Fund Management (HFM)
Base Currency
EGP
Dividends
The fund will distribute semi-annually (in January & July), its net investment income from interest and dividends as well as capital gains.
Minimum Subscription
10 Investment Certificates
Financial Year End
31 December
Subscription & Redemption
Weekly, on the first working day of each week.
Subscription Fee
0%
Redemption Fee
0%

Fund Publications
 

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Last updated on February 27, 2017