Banque Misr's third Mutual fund with cumulative return and periodic distribution

General Information

Fund Name

Banque Misr Third Mutual Fund with Accumulated Return and Periodic Distribution

Fund Type

Open-Ended Fund with Accumulated Return

Fund Objective

To maximize capital gains and periodic returns for distribution to the fund's document holders by investing in a diversified portfolio of local securities, including stocks and bonds.

Inception Date

December 11, 1997

Subscription & Redemption

Subscription: Daily during official working hours, requests must be submitted by 12:00 PM and executed the next day at the closing price of the submission day.

Redemption: Requests are accepted throughout the week until the penultimate business day during official working hours, 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

Financial Information

Minimum Investment

One document

Subscription Fees

None

Redemption Fees

1% of the redemption value (suspended until 31-12-2026)

Investment Strategy

Equities

30% to 95%

Fixed-Income Instruments

Maximum 50%