Benefit from the expertise of a professionally managed money-market portfolio through Investment fund that offers accumulated daily income and high liquidity.
Osoul Fund is a money-market fund, launched in 2005, to invest locally in a variety of securities in order to offer both individuals and corporate investors an accumulated daily income with short- and medium-term liquidity.
With an initial size of EGP 500 million, Osoul Fund offers daily accumulated returns across short- and medium-term investments.
The fund invests in a variety of local and foreign short-term fixed-income securities, such as term deposits, treasury bills, treasury bonds, and corporate bonds. The fund does not invest in equities.
|Asset Type ||Maximum Allocation |
|Cash and Certificates of Deposit ||75% of portfolio|
|Treasury Bills ||100% of portfolio|
|Treasury Bonds ||49% of portfolio|
|Corporate Bonds ||49% of portfolio|
|Investment Certificates in similar funds ||40% of portfolio|
Subscription and Redemption
Osoul Fund provides daily liquidity until 12:00 noon. Access to the fund's shares is available daily through CIB's more than 180 branches, with daily subscription and redemption free of charge.*
- Investor can monitor the fund's daily performance through CIB's website, which shows the previous day's results
- Investors can monitor the performance of their investment on the business pages of their weekly newspaper
- Corporate investors earn returns free of tax
- High accumulated return
- Tax exemption for retail and corporate customers
- Low risk investment
*Subscriptions are closed until further notice
For more information, please call 19666 or visit your nearest CIB branch.
Terms and conditions apply