Structure
Open -ended Egyptian mutual fund
Objective
Capital appreciation and 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 (April & October), its net investment income from interest, dividends and capital gains
Minimum Subscription
5 Investment Certificates
Financial Year End
31 December