1,131.83 EGP
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YTD return
4.44%
1-year
22.27%
Since inception
125.38%
Risk
Low Risk
Investment strategy
Emirates NBD Money Market Fund – Mazid: is an open-ended fund invests in Egyptian Treasury Bills Egyptian short dated Treasury Bonds up to 100%. Time Deposits up to 90%. Treasury and Corporate Bonds with minimum credit rating BBB- up to 20%. Repurchase agreements and Similar Money Market Funds up to 40%. Maximum tenor for investment 396 days
Fund objective
Investing in a variety of short-term debt securities such as treasury bills and bonds & Time deposits. This diversification aims to maximize returns with the highest liquidity and minimum risk, while the redemption of the Fund’s Investment Certificates are on a daily basis.
Fund details
CurrencyEgyptian Pound
TypeConventional
Investment ManagerEFG-Hermes
IssuerEmirates NBD
OutlookShort Term
Risk TypeLow Risk
Redemption FrequencyDaily
Subscription FrequencyDaily
Subscription Fees0
Redemption Fees0
Min. Subscription Certificates25
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