About Egyptian Agricultural Bank Fund 1 ( Al Massy )
Egyptian Agricultural Bank Fund 1 ( Al Massy ) is an investment fund profile on SNDUK. This page explains Egyptian Agricultural Bank Fund 1 ( Al Massy ) performance, key fund facts, and investment strategy for investors comparing funds in Egypt.
Egyptian Agricultural Bank Fund 1 ( Al Massy ) is managed by هيرمس لإدارة المحافظ المالية وصناديق الاستثمار. Fund type: balanced. Fund code: ABB. Assets under management: 302231427. Minimum investment: 5 وثائق. Inception date: 3/31/2008. IPO prospectus: نشرة اكتتاب صندوق الماسي - البنك الزراعي.pdf. نشرة اكتتاب صندوق الماسي - البنك الزراعي.pdf
The First Egyptian Agricultural Bank Capital Growth and Periodic Distribution Fund (Al Massy) is an open-ended balanced investment fund that combines investments in companies listed on the Egyptian Exchange with fixed-income instruments, aiming to achieve a balance between capital growth opportunities and risk management.
The Al Massy Fund seeks to grow the value of its investments in line with its investment policy while maintaining a balanced level of risk through portfolio diversification. The fund may also distribute semi-annual dividends to unitholders based on the investment assessment prepared by the Investment Manager.
The investment policy of the Al Massy Fund is based on a strategic asset allocation framework that provides the Investment Manager with flexibility to adjust the portfolio according to market conditions. Under the Prospectus, up to 60% of the fund's assets may be allocated to fixed-income instruments, while 40% may be invested in equities and Global Depositary Receipts (GDRs). The equity allocation may be increased to as much as 70%, depending on interest rate trends and expected returns in the equity market. The Prospectus also permits increasing the allocation to fixed-income instruments beyond the indicative limit during periods when attractive equity investment opportunities are limited, while restructuring the equity portfolio, or under exceptional market conditions.
The fund may also invest in financial instruments listed on foreign markets or denominated in foreign currencies, subject to no objection from the Central Bank of Egypt. In addition, the fund is required to maintain liquidity equivalent to at least 5% of its net assets to meet redemption requests, and this portion may be invested in low-risk instruments that can be readily converted into cash. The fund is not permitted to grant loans or provide direct or indirect financing, nor may it use its assets in any transaction that would expose it to liabilities exceeding the value of its investments.
Egyptian Agricultural Bank Fund 1 ( Al Massy ) fund details
Egyptian Agricultural Bank Fund 1 ( Al Massy ) is managed by هيرمس لإدارة المحافظ المالية وصناديق الاستثمار. The asset manager oversees portfolio decisions and fund operations for Egyptian Agricultural Bank Fund 1 ( Al Massy ).
Egyptian Agricultural Bank Fund 1 ( Al Massy ) is classified as a balanced fund, which shapes its risk profile and investment universe.
Investors can identify Egyptian Agricultural Bank Fund 1 ( Al Massy ) in market data using fund code ABB.
Egyptian Agricultural Bank Fund 1 ( Al Massy ) reports assets under management of 302231427.
The minimum investment amount to participate in Egyptian Agricultural Bank Fund 1 ( Al Massy ) is 5 وثائق.
Egyptian Agricultural Bank Fund 1 ( Al Massy ) was launched on 3/31/2008, giving investors a track record to evaluate long-term performance.
Egyptian Agricultural Bank Fund 1 ( Al Massy ) performance summary
Return over 1 week: +1.731%. Return over 1 month: -0.0803%. Return over 3 months: +6.72%. Return over 6 months: +21.8811%. Return over 1 year: +51.2566%. Return over since inception: +751.2677%.
Use this SNDUK fund page to review Egyptian Agricultural Bank Fund 1 ( Al Massy ) returns, manager details, and strategy before investing.
SNDUK publishes Egyptian Agricultural Bank Fund 1 ( Al Massy ) data to help investors compare Egyptian investment funds with transparent performance and fund information.
