AR | Currency | |
|---|---|
| Type | Conventional |
| Investment Manager | |
| Issuer | |
| Outlook | |
| Risk Type |
National Bank of Egypt Fund 9 – El Waaed
2,203.24EGP
National Bank of Egypt Mutual Fund 8 Fixed Income El Waaed
Past Performance
Year to Date
9.24%
1 Year
12.73%
5 Years
81.20%
Since Inception
268.38%
Inception Date
13-Oct-11
Last Price Date
17-Sep-23
Investment Strategy
The fund invests in financial instruments such as debt instruments issued by the government, banks and corporations, repurchase agreements, deposits and saving certificates; the fund may as well invest an amount of the net assets in investment certificates of money market funds to maintain the ratio of cash on hand
Fund Objective
The fund aims to create a saving and investment vehicle that will invest in medium- and long term fixed income instruments
