Inception Date
March 2013
Structure
Open ended Mutual Fund
Objective
The fund aims at maximizing returns through the adoption of an investment diversification strategy across various sectors of the market focusing on undervalued companies with strong growth potential.
Investment Strategy
The Investment Manager will adopt an active stock selection approach while maintaining a core exposure to growth companies with sound balance sheets, capable management, high dividend yields and high standards of corporate governance and transparency. In addition, the Investment Manager will maintain a trading band around the core position that would allow the fund to benefit from market volatility and generate the highest possible returns.
Bank Sponsored
Ahli United Bank Egypt and its different branches
Investment Manager
Hermes Fund Management
Minimum Subscription
10 Investment Certificates
Financial Year End
31 December
Subscription & Redemption
Weekly