About National Bank of Egypt Fund 9 – El Waed
National Bank of Egypt Fund 9 – El Waed is an investment fund profile on SNDUK. This page explains National Bank of Egypt Fund 9 – El Waed performance, key fund facts, and investment strategy for investors comparing funds in Egypt.
National Bank of Egypt Fund 9 – El Waed is managed by شركه الاهلي لاداره الاستثمارات الماليه. Fund type: fixed_income. Fund code: AF9. Assets under management: 699857351. Minimum investment: وثيقة واحدة. Inception date: 5/23/2011. IPO prospectus: نشرة اكتتاب صندوق الواعد البنك الاهلى.pdf. نشرة اكتتاب صندوق الواعد البنك الاهلى.pdf
National Bank of Egypt Ninth Fund – Al Waed Fund is an open-ended fixed income investment fund that aims to provide a short- and medium-term savings and investment vehicle while distributing quarterly income. The fund invests in a diversified portfolio of fixed income instruments, including government debt securities, Treasury Bills, bank savings certificates, money market fund units and similar funds, corporate bonds, securitization bonds and Sukuk, as well as other debt instruments. The fund is classified as a low-risk investment fund and calculates a cumulative daily return on invested assets.
The investment policy of the Al Waed Fund is based on investment limits designed to balance returns and risk management. The fund may invest up to 95% of its assets in Treasury Bills, Treasury Bonds, and government-guaranteed securities, and up to 65% in corporate bonds, Sukuk, securitization bonds, and securitization Sukuk, provided that investment in any single issue does not exceed 15% of the total value of that issue. The fund may also invest up to 20% of its assets in money market and fixed income fund units, subject to a maximum of 5% of the total outstanding units of any single underlying fund. In addition, up to 50% of the fund's assets may be invested in bank deposits, current accounts, savings accounts, bank savings certificates, and investment certificates denominated in Egyptian Pounds, while up to 25% may be allocated to other investment instruments approved by the Financial Regulatory Authority that are consistent with the fund's investment objective.
The National Bank of Egypt Ninth Fund – Al Waed Fund offers daily subscriptions, allowing investors to submit purchase requests during banking business days until 12:00 PM through branch offices or electronic channels. Purchase orders are executed based on the Net Asset Value (NAV) per unit announced on the submission date.
Redemptions are processed on a weekly basis. Redemption requests are valued using the fund unit price calculated on the last banking business day of the week, with redemption proceeds paid within a maximum of two business days.
National Bank of Egypt Fund 9 – El Waed fund details
National Bank of Egypt Fund 9 – El Waed is managed by شركه الاهلي لاداره الاستثمارات الماليه. The asset manager oversees portfolio decisions and fund operations for National Bank of Egypt Fund 9 – El Waed.
National Bank of Egypt Fund 9 – El Waed is classified as a fixed_income fund, which shapes its risk profile and investment universe.
Investors can identify National Bank of Egypt Fund 9 – El Waed in market data using fund code AF9.
National Bank of Egypt Fund 9 – El Waed reports assets under management of 699857351.
The minimum investment amount to participate in National Bank of Egypt Fund 9 – El Waed is وثيقة واحدة.
National Bank of Egypt Fund 9 – El Waed was launched on 5/23/2011, giving investors a track record to evaluate long-term performance.
National Bank of Egypt Fund 9 – El Waed performance summary
Return over 1 week: +0.3314%. Return over 1 month: -2.5303%. Return over 3 months: +0.4008%. Return over 6 months: +5.0261%. Return over 1 year: +16.4445%. Return over since inception: +271.0432%.
Use this SNDUK fund page to review National Bank of Egypt Fund 9 – El Waed returns, manager details, and strategy before investing.
SNDUK publishes National Bank of Egypt Fund 9 – El Waed data to help investors compare Egyptian investment funds with transparent performance and fund information.
