AR | Currency | |
|---|---|
| Type | Conventional |
| Investment Manager | |
| Issuer | |
| Outlook | |
| Redemption Frequency | Daily |
| Risk Type | |
| Subscription Frequency | |
| Minimum Subscription | 5,000 Dollar |
| Subscription Fees | Individuals: 20 Dollar |
| Redemption Fees | 0 |
Banque Misr Money Market Fund – Youm B Youm USD
13.53USD
fund invest in short and medium term investment instruments such sovereign bonds (Euro Dollar Bonds), Governmental T-bills dollar, and bank deposit in dollar
Past Performance
Year to Date
4.19%
1 Year
7.04%
5 Years
14.83%
Since Inception
35.35%
Inception Date
07-Jun-07
Last Price Date
01-Sep-24
Investment Strategy
BM $ Fund invests in $ money market instruments, currency swap contracts and other $ funds
Fund Objective
????The Fund?s objective is to provide investors with daily liquidity while preserving capital and maximizing return. 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 U$ securities
