17.38 EGP
azimut
YTD return
3.38%
1-year
17.35%
Since inception
73.75%
Risk
Low Risk
Investment strategy
Azimut Fixed Income Fund ?Edkhar?. Mainly invests in T-Bills, T-Bonds, corporate and zero coupon bonds . Also sukuk and certificates in other funds
Fund objective
The fund aims to provide a steady return by investing in a low-risk fixed income instruments. The fund offers daily subscription and weekly redemption without any subscription or redemption fees. The fund is considered a variation or a derivative from proto-types Money Market and Fixed Income Funds, allowing flexible movement over the yield curve along the maturity ladder and across different Fixed Income Instruments.
Fund details
CurrencyEgyptian Pound
TypeConventional
Investment ManagerAzimut Egypt Asset Management
IssuerAzimut
OutlookMedium Term,Short Term
Risk TypeLow Risk
Redemption FrequencyWeekly
Subscription FrequencyDaily
Minimum Subscription1
Subscription Fees0
Redemption Fees0
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 – Target AZ EGP — 3.88% Azimut Fixed Income Fund – Target AZ USD — 0.07% Misr Capital Fixed Income Fund — 0.00%Indicative prices and returns — not investment advice.