AR | Currency | |
|---|---|
| Type | Conventional |
| Investment Manager | |
| Issuer | |
| Outlook | |
| Redemption Frequency | Daily |
| Risk Type | |
| Subscription Frequency | |
| Minimum Subscription | 10000 EGP |
| Subscription Fees | Individuals: 85 EGP |
| Redemption Fees | 0 |
Banque Misr Money Market Fund – Youm B Youm EGP
65.51EGP
Misr Money Market Fund invests in treasury bills and bonds and other fixed income instruments and money market funds
Past Performance
Year to Date
11.18%
1 Year
14.91%
5 Years
77.02%
Since Inception
555.12%
Inception Date
2-Sep-04
Last Price Date
17-Sep-23
Investment Strategy
BANQUE MISR MUTUAL FUND IN EGYPTIAN POUNDS WITH A DAILY CUMULATIVE RETURN (DAY BY DAY)
Fund Objective
The Fund?s objective is to provide investors with daily liquidity through calculating a daily return of the invested money which is added daily to the customers account at the end of every day . Its objectives are achieved through diversifying its investments in secure high-yielding short-term interest-bearing instruments. It invests in short and medium term investments such as sovereign bonds, treasury Bills, notes, bonds and bank deposits, certificates of deposits, corporate bonds, and other EGP securities
