SAIB fund 1

SAIB fund 1

Now you can access the local, regional, and global equity markets through a fund that offers capital appreciation with a minimum total fund exposure in each tool.

SAIB fund 1 is an equity fund launched in Feb 1996 that aims to create a vehicle that allows investors to invest in local and regional markets through moderate risk investment strategies. The fund provides investors with moderate risk exposure to diversify across short and medium term local stocks, GDRs, and regional stocks.

Diversified Portfolio:
The fund invests in a variety of securities, with the majority of investments in equity and the option to invest a limited amount in fixed income tools.

Investment Guidelines:

Asset Allocation​ Asset %
Single Stock​ Exposure Up to 95%
Invest in investment Fund Up to 40%​
Cash Up to 30%​


Rewarding Returns
:

Fund with an initial size of EGP 50 M, providing investors capital appreciation through moderate risk investment across short and medium term investments.

Subscription & Redemption:
Open-ended funds provide investors the luxury of subscription and redemption weekly  through more than 28 SAIB branches on the first day of every week.

Features:

TypeEquity Fund
Structure​ Open Ended Mutual Fund
Inception Date​ Feb. 1996​
Initial Size​ EGP 50 Million
Bank Sponsored​ SAIB bank
Fund Manager​ Prime​
Base Currency ​ EGP​
Min. Subscription​ 5 Investment Certificate
Financial Year End​ 31 December​
Subscription & Redemption​ Weekly on first working day of each week​
Subscription Fee​ 0.40 EGP​
Redemption Fee​0.25%​
Duration​25 years​

Investment Advantages:

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.