Today, benefit from the expertise of a professionally managed portfolio of the local money market through a fund that offers accumulated daily income for investors seeking liquidity across short or medium terms.
Youmy is a money market mutual fund, launched in April 2014, aiming to create a vehicle that offers an accumulated daily income and liquidity for both individuals and corporate investors.
The fund invests in a variety of local/foreign short-term fixed income securities – 0% equity. The fund invests in TDs and Treasury Bills.On going Strategy
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Fund with an initial size of EGP 100M, providing daily accumulated return across short and medium term investments.
Open-ended fund granting immediate access to the fund shares on a daily basis through more than 34 saib branches, with daily subscription and redemption free of charge.
Investor can monitor daily performance of the previous day through Eima and SAIB website.
Investors can monitor their investment performances through posts on the weekly business pages of the newspaper.
Corporate investors are granted funds free of tax in order to reap higher returns.
*Daily Subscriptions until 12:00 pm.
- The minimum subscription for Youmy Investment Fund is 500 Units.
- To view the prospectus, please click on the link
- Based on the approval of the Financial Supervisory Authority on January 26, 2021, the External auditor clause has been amended from the subscription prospectus of Saib Bank cash investment fund for liquidity in Egyptian pounds with a daily cumulative return "Youmy" allowing only one External auditor. This is in accordance with the decision of the Board of Directors of the Financial Supervisory Authority. No. 172 of 2020 amending Article 7 of Resolution No. 58 of 2018,