About Beltone Wafra EGX33 Shariah fund
Beltone Wafra EGX33 Shariah fund is an investment fund profile on SNDUK. This page explains Beltone Wafra EGX33 Shariah fund performance, key fund facts, and investment strategy for investors comparing funds in Egypt.
Beltone Wafra EGX33 Shariah fund is managed by بلتون لإدارة صناديق الاستثمار. Fund type: equity. Fund code: BWA. Assets under management: 1165779065. Minimum investment: 10 وثائق. Inception date: 7/30/2024. IPO prospectus: نشرة اكتتاب صندوق بلتون وفرة.pdf. نشرة اكتتاب صندوق بلتون وفرة.pdf
Beltone Shariah EGX33 Index Equity Fund – “Wafra” is an open-ended Shariah-compliant equity fund, operating under the Beltone multi-issuance fund “Tharawat”. The fund aims to replicate the performance of the EGX33 Shariah Index on the Egyptian Exchange.
The fund provides investors with direct exposure to the largest 33 Shariah-compliant companies in the Egyptian market, covering approximately 16 different sectors, offering broad sector diversification within a single investment vehicle.
Wafra follows a semi-passive investment approach (Index Tracking), whereby at least 90% of the fund’s net assets are allocated to the constituent stocks of the EGX33 Shariah Index, making its performance closely tied to the movement of the Islamic equity market in Egypt.
Core Investment Structure ≥ 90% of net assets: EGX33 Shariah Index equities ≤ 10%: Liquidity instruments and Shariah-compliant investments
Complementary investments may include: Current accounts and bank deposits Sukuk (Islamic bonds)
Is investing in Beltone Wafra better than buying stocks directly?
The fund offers automatic diversification by providing exposure to 33 different companies through a single investment, which reduces the risks associated with selecting individual stocks.
However, it may not always achieve the same returns that an investor could generate by successfully selecting specific high-performing stocks.
Beltone Wafra EGX33 Shariah fund fund details
Beltone Wafra EGX33 Shariah fund is managed by بلتون لإدارة صناديق الاستثمار. The asset manager oversees portfolio decisions and fund operations for Beltone Wafra EGX33 Shariah fund.
Beltone Wafra EGX33 Shariah fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify Beltone Wafra EGX33 Shariah fund in market data using fund code BWA.
Beltone Wafra EGX33 Shariah fund reports assets under management of 1165779065.
The minimum investment amount to participate in Beltone Wafra EGX33 Shariah fund is 10 وثائق.
Beltone Wafra EGX33 Shariah fund was launched on 7/30/2024, giving investors a track record to evaluate long-term performance.
Beltone Wafra EGX33 Shariah fund performance summary
Return over 1 week: -4.6868%. Return over 1 month: -4.75%. Return over 3 months: +14.3373%. Return over 6 months: +21.1329%. Return over 1 year: +58.5343%. Return over since inception: +86.0759%.
Use this SNDUK fund page to review Beltone Wafra EGX33 Shariah fund returns, manager details, and strategy before investing.
SNDUK publishes Beltone Wafra EGX33 Shariah fund data to help investors compare Egyptian investment funds with transparent performance and fund information.
