Misr Al Mostakbal fund will invest in equities listed on the Egyptian Exchange. The fund aims to achieve returns related to the degree of associated risk in accordance with the investment manager's investment decisions and diversification of the investment portfolio across different sectors and companies in these sectors.
Fund Features:
- Exposure: provide investors with exposure to Egyptian equity market
- Diversity: Diversity between different economic sectors
- Liquidity: Convenient weekly subscription and redemption
- Professional management: Managed by HC Securities and Investment.
Asset Allocation | Asset % |
Egyptian Equities | 40%-95% of NAV |
Similar funds | Up to 20% |
Sector Allocation | Up to 25% of NAV |
Fund Type | Equity Fund |
Structure | Open Ended Mutual Fund |
Inception Date | May - 2011 |
Initial Size | EGP 100 Million only |
Subscription and Redemption Bank | Commercial International Bank - Egypt |
Fund Manager | HC Securities and Investment |
Base Currency | EGP |
Min. Subscription | 1 Investment Certificate |
Financial Year End | 31 December |
Market Price | Market Price is published on first business day of each week |
Subscription & Redemption | The Bank receives subscription and redemption requests on a week-long basis and is executed based on the price declared on the first business day of the following week |
Subscription Fee | None |
Redemption Fee | None |
Duration | 25 years |
Furthermore...
Misr Al Mostak
Misr-Al-Mostakbal-October-2019.pdfbal Fact Sheet
Misr-Al-Mostakbal Fund Prospectus.pdf
For more information, please call 19666 or visit your nearest CIB branch.
Terms and conditions apply