About Fawry Money Market Fund ( Fawry Youmy )
Fawry Money Market Fund ( Fawry Youmy ) is an investment fund profile on SNDUK. This page explains Fawry Money Market Fund ( Fawry Youmy ) performance, key fund facts, and investment strategy for investors comparing funds in Egypt.
Fawry Money Market Fund ( Fawry Youmy ) is managed by سي آي لإدارة الأصول. Fund type: money_market. Fund code: FWY. Assets under management: 10435231517. Minimum investment: وثيقة واحدة. Inception date: 1/30/2022. IPO prospectus: صندوق-فوري-وسي-اي-كابيتال-النقدي.pdf. صندوق-فوري-وسي-اي-كابيتال-النقدي.pdf
Fawry CI Capital Egyptian Pound Daily Accumulative Liquidity Money Market Fund (Fawry Youmy) is an open-ended money market fund designed to provide a low-risk savings and investment vehicle that enables investors to benefit from daily liquidity while earning a cumulative daily return on their invested funds.
Fawry fund focuses on preserving capital while seeking to maximize returns within the framework of its investment policy by investing in Egyptian pound-denominated debt instruments and short-term money market instruments. This makes it suitable for individuals and businesses looking to manage their short-term liquidity without taking on high levels of risk. The fund also allows daily purchases and redemptions in accordance with the terms and conditions set out in the Prospectus.
The fund's investment policy is based on a set of investment limits designed to achieve a balance between returns and risk management. It may invest up to 100% of its net assets in Egyptian Treasury Bills if they offer the best available return. The fund may also hold up to 80% of its assets in cash, current accounts, and bank deposits with banks supervised by the Central Bank of Egypt. In addition, it may invest up to the same percentage in Sukuk, certificates issued by the Central Bank of Egypt, short-term debt instruments with maturities not exceeding 13 months, and bank savings certificates.
In addition to these investment limits, the Prospectus establishes a number of controls that support effective risk management. The maximum maturity of the fund's investments is 396 days, while the weighted average maturity of the portfolio may not exceed 150 days.
Furthermore, investments in a single issue may not exceed 10% of the fund's net assets, excluding government securities. Investments in securities issued by a single company may not exceed 15% of the fund's net assets or 20% of that company's outstanding securities. Investments in securities issued by a related group may not exceed 20% of the fund's net assets.
Fawry Money Market Fund ( Fawry Youmy ) fund details
Fawry Money Market Fund ( Fawry Youmy ) is managed by سي آي لإدارة الأصول. The asset manager oversees portfolio decisions and fund operations for Fawry Money Market Fund ( Fawry Youmy ).
Fawry Money Market Fund ( Fawry Youmy ) is classified as a money_market fund, which shapes its risk profile and investment universe.
Investors can identify Fawry Money Market Fund ( Fawry Youmy ) in market data using fund code FWY.
Fawry Money Market Fund ( Fawry Youmy ) reports assets under management of 10435231517.
The minimum investment amount to participate in Fawry Money Market Fund ( Fawry Youmy ) is وثيقة واحدة.
Fawry Money Market Fund ( Fawry Youmy ) was launched on 1/30/2022, giving investors a track record to evaluate long-term performance.
Fawry Money Market Fund ( Fawry Youmy ) performance summary
Return over 1 week: +0.3777%. Return over 1 month: +1.6709%. Return over 3 months: +4.4584%. Return over 6 months: +9.3385%. Return over 1 year: +21.0111%. Return over since inception: +108.4086%.
Use this SNDUK fund page to review Fawry Money Market Fund ( Fawry Youmy ) returns, manager details, and strategy before investing.
SNDUK publishes Fawry Money Market Fund ( Fawry Youmy ) data to help investors compare Egyptian investment funds with transparent performance and fund information.