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Aman Fund

​Aman Fund

Aman Fund is an Islamic equity fund, launched in 2006 to invest in a range of securities, mainly industrial, productive, and services stocks, along with Sukuks and GDRs of local registered stocks, and regional and international stocks.

The Shari'a board is set by Faisal Islamic Bank.

Diversified Risk

With an initial size of EGP 100 million, the fund's investments maximize regional and global exposure.

The fund may also invest in other Islamic mutual funds up to a maximum of 10% of its portfolio and not more than 5% of each mutual fund. The fund may invest in stocks up to a maximum of 10% of its portfolio and not more than 15% of each stock's market capital.

Investment Guidelines

Asset Type Maximum Allocation
Sukuk 30% of portfolio
Equity    100% of portfolio

Sector s of production, industry and

Vital services

25% of portfolio
Other Mutual Funds 10% of portfolio
  

 

Subscription and Redemption

  • Daily subscriptions: Orders are taken throughout the week except on the last working day of each week.
  • Weekly redemption: Orders are processed on the first working day of each week. 

 

Features

Fund Type Islamic equity fund
Structure   Open-ended mutual fund
Inception Date October 2006
Initial Size EGP 100 million
Bank Sponsored CIB and Faisal Bank
Fund Manager CI Capital Asset Management
Base Currency EGP
Minimum Subscription 1 investment certificate
Financial Year End December 31
Subscription and Redemption Daily subscription except last working day , weekly redemption orders only on the first working day of each week
Subscription Fee 0.25 %
Redemption Fee 0.25%
Duration 25 years

 

Investment Advantages

  • Investors can monitor the performance of their investment on the business pages of their weekly newspaper
  • The fund is allowed to invest in other similar types of Islamic mutual funds
  • The fund's access to regional markets increases its diversification 
     
Furthermore…
For more information, please call 19666 or visit your nearest CIB branch
Terms and Conditions Apply​