AR | Currency | |
|---|---|
| Type | Conventional |
| Investment Manager | |
| Issuer | |
| Outlook | |
| Redemption Frequency | Daily |
| Risk Type | |
| Subscription Frequency | |
| Minimum Subscription | 1 |
| Subscription Fee | 0 |
| Redemption Fee | 0.75% |
Misr Bank Mutual Fund 2
223.71EGP
BM 1 Fund invests in equities, foreign securities, money market products and other funds
Past Performance
Year to Date
24.89%
1 Year
59.56%
5 Years
97.64%
Since Inception
869.99%
Inception Date
17-Aug-95
Last Price Date
01-Sep-24
Investment Strategy
BANQUE MISR MUTUAL FUND – SECOND ISSUE – CAPITAL GROWTH. Equities % not determined. Cash upto 50% of TA. Securities per issuer upto 10% of NAV, 15% of Issue. Foreign Securities upto 25% of TA. Funds by other banks upto 20% of TA and 5% of the issue
Fund Objective
Achieve 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
