CIB>>Personal>>Investments>>Thabat Fund

Thabat Fund

​​​​​​​Diversification of Fixed Income Instruments with the Possibility of Quarterly distributions
 
Thabat Fund Benefits:
 
  • Long Term Investment: Thabat Fund is an open-ended fund. A unique product with daily subscriptions and monthly redemptions.
  • No Subscription/ Redemption Fees: No subscription nor redemption fees. Returns achieved on your investments are free from any upfront fees.
  • Low Investments Risk: Thabat fund enables you to participate in underlying financial instruments such as treasury and corporate bonds and other debt securities that generate high yields with minimum risk of capital exposure.
  • Monthly Liquidity: An open –ended fund with daily subscriptions and monthly redemptions.
  • Accessibility: Daily subscriptions till 12:00 p.m. through more than 150 branches across all Egypt.
  • Tax Exemption for Retail and Corporate Customers: Thabat Fund returns are all exempted from taxes as per the law
  • Automatic Income Reinvestment: In Thabat Fund, income from all bonds could be reinvested automatically and consistently added to the value of the fund until fund distribution date.
  • Professional Management: Thabat Fund is professionally managed by CI Asset Management, a fully owned company by CIB.
  • Diversification: Thabat Fund invests in many individual bonds so that even a relatively small investment is diversified. An assortment of secured fixed investment
Asset Allocation​Asset Allocation %
Treasury Bonds​Max. of 100%​
Treasury Bills​Max. of 70%​
Repos​Max. of 70%​
CD's​Max. of 60%​
Corporate Bonds​Max. of 40%​
Time Deposits​Max. of 20%​
Mortgage Backed Securities​Max. of 20%​
Other Fixed Income or Similar Funds​Max. of 20%

 

  • ​Lending facilities*: Whenever in need for cash, apply for a credit facility up to 80% of the Investment certificate Par Value at any point in time

Thabat Fund Features:
  • Minimum subscription is 250 investment certificates
  • Daily subscription till 12:00 noon
  • Monthly redemption applications to be presented everyday till 12:00 noon to be executed on the first working Sunday of the month and settled within two working days
  • Zero subscription and redemption fees
  • Possibility of quarterly distribution on the held units

 

Thabat Fund Investor should be a CIB account holder of either a current or a saving account.

Furthermore..

*Subscriptions are closed until further notice