13.25 EGP
azimut
YTD return
3.88%
1-year
15.53%
Since inception
32.45%
Risk
Low Risk
Investment strategy
Azimut Target Maturity Fixed Income Fund – EGP : EGP deposits & cash equivalent up to 100%. EGP T-bills & T-bonds up to 100%. EGP Corp. Bonds 40%. EGP companies & Gov. Sukuk 10%. EGP CDs 100%.
Fund objective
The fund aims to achieve special periodic returns by investing in fixed income instruments, aiming to make periodic distributions to the IC holders while each tranche adopts a pacific maturity strategy.
Fund details
CurrencyEgyptian Pound
TypeConventional
Investment ManagerAzimut Egypt Asset Management
IssuerAzimut
OutlookMedium Term,Short Term
Risk TypeLow Risk
Redemption FrequencyMonthly
Subscription FrequencyDuring the initial subscription. Or Re-open for limited Period
Minimum Subscription100
Subscription Fees0
Redemption FeesContingent Deferred Fees apply
Similar funds
Commercial International Bank Fixed Income Fund – Thabat — 2.47% National Bank of Egypt Fund 9 – El Waaed — 1.01% Azimut Fixed Income Fund – Idkhar AZ — 3.38% Azimut Fixed Income Fund – Target AZ USD — 0.07% Misr Capital Fixed Income Fund — 0.00%Indicative prices and returns — not investment advice.