About Afaaq Fixed Income Fund
Afaaq Fixed Income Fund is an investment fund profile on SNDUK. This page explains Afaaq Fixed Income Fund performance, key fund facts, and investment strategy for investors comparing funds in Egypt.
Afaaq Fixed Income Fund is managed by العربي الإفريقي لإدارة الاستثمارات. Fund type: fixed_income. Fund code: AFQ. Assets under management: 16651832508. Minimum investment: وثيقة واحدة. Inception date: 9/8/2019.
Afaaq Fixed Income Fund is an open-ended investment fund denominated in Egyptian pounds that aims to achieve capital growth and maximize returns on invested capital while maintaining an appropriate level of risk and liquidity. This is achieved by allocating assets to Egyptian Treasury bills and government bonds, as well as government-issued or government-guaranteed securities, which may represent up to 95% of total assets. The fund may also invest in bank deposits, savings certificates, and investment certificates up to 80% of its assets.
The fund may allocate up to 65% of its assets to corporate bonds and securitization bonds, subject to concentration limits on any single issuance. In addition, it may invest in money market funds and fixed income funds up to 20% of total assets, and in tradable Sukuk up to 5%.
Afaaq Fund allows investors to subscribe to and redeem fund units on a daily basis, providing a high degree of flexibility and liquidity compared to many other investment alternatives. The fund does not charge any subscription or redemption fees. It is considered suitable for investors seeking exposure primarily to fixed income instruments, Treasury bills, and government bonds, while maintaining access to their funds when needed without being tied to a specific investment term.
What is the minimum investment in Afaaq Fund?
The minimum initial subscription amount is EGP 10,000. After the first investment, additional investments can be made with no minimum amount requirement.
Afaaq Fixed Income Fund fund details
Afaaq Fixed Income Fund is managed by العربي الإفريقي لإدارة الاستثمارات. The asset manager oversees portfolio decisions and fund operations for Afaaq Fixed Income Fund.
Afaaq Fixed Income Fund is classified as a fixed_income fund, which shapes its risk profile and investment universe.
Investors can identify Afaaq Fixed Income Fund in market data using fund code AFQ.
Afaaq Fixed Income Fund reports assets under management of 16651832508.
The minimum investment amount to participate in Afaaq Fixed Income Fund is وثيقة واحدة.
Afaaq Fixed Income Fund was launched on 9/8/2019, giving investors a track record to evaluate long-term performance.
Afaaq Fixed Income Fund performance summary
Return over 1 week: +0.3395%. Return over 1 month: +1.4867%. Return over 3 months: +4.3305%. Return over 6 months: +9.1757%. Return over 1 year: +21.0816%. Return over since inception: +124.2376%.
Use this SNDUK fund page to review Afaaq Fixed Income Fund returns, manager details, and strategy before investing.
SNDUK publishes Afaaq Fixed Income Fund data to help investors compare Egyptian investment funds with transparent performance and fund information.
