AR | Currency | |
|---|---|
| Type | Conventional |
| Investment Manager | |
| Issuer | |
| Outlook | |
| Risk Type | |
| Redemption Frequency | Daily |
| Subscription Frequency | |
| Minimum Subscription | 1 |
| Subscription Fees | 0 |
| Redemption Fees | 0 |
Export Development Bank of Egypt 2 Money Market Fund
532.71EGP
The Export Development Bank Money Market Fund – EBE is an open-ended fund investing treasury bills and bonds and other fixed income instruments and money market funds.
Past Performance
Year to Date
11.17%
1 Year
14.54%
5 Years
76.78%
Since Inception
432.71%
Inception Date
9-Nov-06
Last Price Date
17-Sep-23
Investment Strategy
The Export Development Bank Money Market Fund – EBE: T-Bills up to 100%. Cash and Cash Equivalent up to 75%. CD’s up to 50%. Corp. Bonds up to 20%. T-Bonds and Other Medium Term Maturity Investment 49%.
Fund Objective
The fund provides daily liquidity investing in safe, short-term money market instruments that aims to yield higher than bank deposits’ and saving accounts. This is achieved by investing in money market instruments with a high degree of liquidity and maturities of less than 13 months with a maximum duration of 150 days.
