Banque Misr First Mutual Fund - First Issue - Quarterly periodic income

General Information

Fund Name

Banque Misr First Mutual Fund – First Issue – Quarterly Income Distribution

Fund Type

Open-Ended Fund with Periodic Income Distribution

Fund Objective

The fund aims to invest in a diversified portfolio of securities, including stocks, government and non-government bonds listed on the stock exchange, bank deposits, treasury bills, and investment fund documents, to achieve and distribute the highest possible investment returns on a quarterly basis while preserving the fund’s assets and minimizing risks.

Inception Date

February 1, 1995

Subscription & Redemption

Subscription: Daily until 12:00 PM from any Banque Misr branch, executed the next day at the closing price of the submission day

Redemption: Daily until 12:00 PM from any Banque Misr branch, executed within two business days at the closing price of the submission day.

NAV Publishing

• Published every Sunday in Al-Ahram newspaper
• Published daily on the bank's website

Fund Manager

CI Asset Management

Financial Information

Minimum Investment

One document, with no maximum limit

Subscription Fees

None

Redemption Fees

0.75% (7.5 per 1,000 annually) of the redemption value (suspended until 31-12-2026)

Investment Strategy

Equities

30% to 70%

Fixed-Income Instruments

Up to 50%

Corporate Bonds

Up to 30%