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Al Baraka Bank Egypt Money Market Fund – Al Barakat Certificate

149.16EGP

Fund invest in Shariah Compliant money market instruments such as sukuk, deposits in Islamic banks, and other Shariah Compliant funds.

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Information
Currency

Egyptian Pound

Type

Shariaa Compliant

Investment Manager

EFG-Hermes

Issuer

Al Baraka Bank

Outlook

Short Term

Redemption Frequency

Daily

Risk Type

Low Risk

Subscription Frequency

Daily

Subscription Fees

0

Redemption Fees

0

Past Performance

Year to Date

10.26%

1 Year

13.73%

5 Years

N/A

Since Inception

49.16%

Inception Date

19-Sep-19

Last Price Date

17-Sep-23
  • Price
  • Dividend-Adjusted

Investment Strategy

Barakat Fund invests in treasury bills and bonds and other fixed income instruments and money market funds

Fund Objective

Capital preservation with highest daily sharia compliant cumulative return

Documents

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