Structure
Open-Ended Egyptian Mutual Fund
Objective
Capital appreciation & periodic income distribution
Investment Strategy
The fund will invest principally in equity and the equity related securities of companies listed on the Egyptian Stock Exchange. The fund seeks to mitigate sharp fluctuations in Net Asset Value (NAV), making it suitable for investors with low volatility tolerance.
Bank Sponsored
Credit Agricole Bank & its different Branches
Investment Manager
Hermes Fund Management (HFM)
Dividends
The fund will distribute, semi-annually (January & July), its net investment income from interest, dividends and capital gains.
Minimum Subscription
10 Investment Certificates
Financial Year End
31 December
Subscription & Redemption
Weekly, on the first working day of each week