About MID BANK First Mutual Fund
MID BANK First Mutual Fund is an investment fund profile on SNDUK. This page explains MID BANK First Mutual Fund performance, key fund facts, and investment strategy for investors comparing funds in Egypt.
MID BANK First Mutual Fund is managed by بلتون لإدارة صناديق الاستثمار. Fund type: equity. Fund code: MBF. Assets under management: 207669909. Minimum investment: 10 وثائق. Inception date: 6/30/1998.
MID Bank First Fund is an open-ended investment fund with cumulative returns and periodic distributions. It is one of the oldest investment funds in Egypt, having been established in 1998. The fund aims to achieve capital growth while providing periodic income to investors through a diversified portfolio that includes equities, fixed-income instruments, and cash-based investments.
The fund’s investment policy provides flexibility in asset allocation according to the investment manager’s outlook and market conditions. Investments in equities, subscription rights, and depositary receipts may range between 30% and 95% of the fund’s net assets, while investments in fixed-income instruments and short-term cash instruments must collectively represent no less than 5% of the fund’s assets.
The fund is also required to maintain between 5% and 50% of its net assets in cash and highly liquid financial instruments that can be readily converted into cash, helping meet redemption requests and providing adequate flexibility in managing the investment portfolio.
MID BANK First Mutual Fund fund details
MID BANK First Mutual Fund is managed by بلتون لإدارة صناديق الاستثمار. The asset manager oversees portfolio decisions and fund operations for MID BANK First Mutual Fund.
MID BANK First Mutual Fund is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify MID BANK First Mutual Fund in market data using fund code MBF.
MID BANK First Mutual Fund reports assets under management of 207669909.
The minimum investment amount to participate in MID BANK First Mutual Fund is 10 وثائق.
MID BANK First Mutual Fund was launched on 6/30/1998, giving investors a track record to evaluate long-term performance.
MID BANK First Mutual Fund performance summary
Return over 1 week: +2.2562%. Return over 1 month: -0.5642%. Return over 3 months: +6.3493%. Return over 6 months: +22.75%. Return over 1 year: +48.3387%. Return over since inception: +787.4184%.
Use this SNDUK fund page to review MID BANK First Mutual Fund returns, manager details, and strategy before investing.
SNDUK publishes MID BANK First Mutual Fund data to help investors compare Egyptian investment funds with transparent performance and fund information.
