10.44 EGP
azimut
YTD return
0.07%
1-year
-0.54%
Since inception
4.41%
Risk
Low Risk
Investment strategy
Azimut Target Maturity Fixed Income Fund – USD : USD deposits & cash equivalent up to 100%. Eurobond & USD dominated bills up to 100%. Corp. Bonds dominated in USD up to 40%. USD Egyptian companies & Gov. Sukuk up to 10%. USD dominated CDs up to 100%.
Fund objective
The fund aims to achieve special periodic returns by investing in fixed income instruments in different currencies according to the tranche currency, aiming to make periodic distributions to the IC holders while each tranche adopts a pacific maturity strategy.
Fund details
CurrencyUS Dollar
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 EGP — 3.88% Misr Capital Fixed Income Fund — 0.00%Indicative prices and returns — not investment advice.