320.17 EGP
adib
YTD return
4.76%
1-year
21.25%
Since inception
220.17%
Risk
Low Risk
Investment strategy
ADIB Egypt sharia compliant money market fund with daily cumulative return. Invests upto 80% in Time Deposits in Islamic Banks, 10-30% T-Bills, upto 40% certificates in similar funds, upto 49% corporate and government sukuk
Fund objective
Capital Preservation at highest liquidity and maximum returns with low risk.
Fund details
CurrencyEgyptian Pound
TypeShariaa Compliant
Investment ManagerBeltone Asset Management
IssuerAbu Dhabi Islamic Bank (ADIB)
OutlookShort Term
Redemption FrequencyDaily
Risk TypeLow Risk
Subscription FrequencyDaily
Minimum Subscription10000
Subscription Fees0
Redemption Fees0
Similar funds
Banque Misr Money Market Fund – Youm B Youm EGP — 4.83% Commercial International Bank Money Market Fund – Osoul — 5.00% QNB Al Ahli Mutual Fund 1 – Themar — 5.18% Export Development Bank of Egypt 2 Money Market Fund — 5.11% National Bank of Egypt Fund 4 — 1.46% First Abu Dhabi FAB Money Market Fund – Al Awal — 4.78%Indicative prices and returns — not investment advice.