Banque Misr Money Market Fund – Youm B Youm USD

Money Market fund · Conventional · Low Risk

13.90 EGP
bank misr
YTD return
1.08%
1-year
5.14%
Since inception
39.04%
Risk
Low Risk

Investment strategy

BM $ Fund invests in $ money market instruments, currency swap contracts and other $ funds

Fund objective

????The Fund?s objective is to provide investors with daily liquidity while preserving capital and maximizing return. Its objectives are achieved through diversifying its investments in secure high-yielding short-term interest-bearing instruments. It invests in short and medium term investments such as sovereign bonds, treasury Bills, notes, bonds and bank deposits, certificates of deposits, corporate bonds, and other U$ securities

Fund details

CurrencyUS Dollar
TypeConventional
Investment ManagerMisr Capital
IssuerBanque Misr
OutlookShort Term
Redemption FrequencyDaily
Risk TypeLow Risk
Subscription FrequencyDaily
Minimum Subscription5,000 Dollar
Subscription FeesIndividuals: 20 DollarCorporates: 50 Dollar
Redemption Fees0
Indicative prices and returns — not investment advice.
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