The fund invests in a variety of securities, with the majority of investments in Islamic equity.
|
Asset Allocation |
Asset % |
|
Single Stock Exposure |
Up to 95% |
|
Cash |
Up to 5% |
Fund with an initial size of EGP 100 M, providing investors capital appreciation through moderate risk investment across short and medium term investments.
Open-ended funds provide investors the luxury of daily subscription and weekly redemption through more than 34 saib branches on the first day of every week.
|
Type |
Equity Fund |
|
Structure |
Open Ended Mutual Fund |
|
Inception Date |
February – 07 |
|
Initial Size |
EGP 100 Million |
|
Bank Sponsored |
saib – ADIB |
|
Fund Manager |
CI CAPITAL |
|
Base Currency |
EGP |
|
Min. Subscription |
5 Investment Certificates |
|
Financial Year End |
31 December |
|
Subscription & Redemption |
Daily Subscription & Weekly Redemption on first working day of each week |
|
Subscription Fee |
no fees |
|
Redemption Fee |
no fees |
|
Duration |
25 years |
Investors can monitor their investment performances through posts on the weekly business pages of the newspaper.
The fund is allowed to invest in other similar types of mutual funds.
Diversification through access to regional and global markets.
To view the prospectus, please click on the link
To view the financial statements, please click on the link
