AR | Currency | |
|---|---|
| Type | Conventional |
| Investment Manager | |
| Issuer | |
| Outlook | |
| Redemption Frequency | Daily |
| Risk Type | |
| Subscription Frequency | |
| Subscription Fees | 0 |
| Redemption Fees | 0.75% |
Misr Bank Mutual Fund 1
406.61EGP
BM 1 Fund invests in equities, foreign securities, fixed income and other funds
Past Performance
Year to Date
20.74%
1 Year
44.80%
5 Years
87.30%
Since Inception
1489.50%
Inception Date
26-Jan-95
Last Price Date
01-Sep-24
Investment Strategy
Banque Misr First Mutual Fund – First Issue – Quarterly periodic income. Equities upto 30% (60% of TA). Fixed Income upto 40% (60% of TA). Securities per Issuer upto 10% of TA, 15% of Issue. Foreign Securities upto 25% of TA. Funds by other banks upto 20% of TA, 5% of Issue.
Fund Objective
Achieve and distribute quarterly the maximum possible investment return , also to minimize the risk through portfolio diversification including the listed shares ,governmental shares and bonds and nongovernmental listed shares in the Egyptian Stock Exchange or other stock exchange subjected to governmental supervisory authority outdoors similar to the capital market Authority , also the deposits , treasury bills and investment certificates of other funds according to the provisions of the Law 95 year 1992 and its implementing regulation
