Banque Misr Fund IV "In accordance with provisions of Islamic Sharia Law" (EL Hessn)

General Information

Fund Name

Banque Misr Fourth Mutual Fund "Compliant with Islamic Sharia Law" ("Al-Hosn" Fund)

Fund Type

Open-Ended Investment Fund

Fund Objective

The fund aims to invest in accordance with Islamic Sharia principles and the resolutions and recommendations of the Permanent Sharia Supervisory Board for Banque Misr's Fourth Mutual Fund. It seeks to maximize returns for document holders while safeguarding the invested capital through diversified investments in Sharia-compliant sectors, ensuring risk management.

Inception Date

October 22, 2006

Subscription & Redemption

Subscription: Requests accepted daily during official working hours until 12:00 PM, executed the following day at the closing price of the submission day.

Redemption: Requests accepted throughout the week until the penultimate business day during official working hours and executed on the first business day of the following week.

NAV Publishing

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

Fund Manager

CI Asset Management