Commercial International Bank Money Market Fund – Osoul

Money Market fund · Conventional · Low Risk

840.69 EGP
448-4480976_cib-was-the-only-egyptian-business-to-make
YTD return
5.00%
1-year
23.31%
Since inception
740.69%
Risk
Low Risk

Investment strategy

Osoul Fund. : (70% T-bills Yield <3 Months) + (10% T-bills Yield > 3 Months <= 6 Months) + (10% T-bills Yield > 6 Months <= 9 Months) + (10% T-bills Yield > 9 Months <= 1 Year)

Fund objective

The fund aims to create a vehicle that offers an accumulated daily income and liquidity for investors investing for short-to-medium term. The fund was ranked among the top three best performing money market funds in Egypt for five years consecutively (2008-2012)

Fund details

CurrencyEgyptian Pound
TypeConventional
Investment ManagerCI Asset Management
IssuerCIB
OutlookShort Term
Redemption FrequencyDaily
Risk TypeLow Risk
Subscription FrequencyDaily
Indicative prices and returns — not investment advice.
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