Pharos Fund 1

Pharos Fund 1 is an open-ended equity fund with a cumulative return structure, designed to achieve long-term capital growth through active management that focuses on carefully selecting investment opportunities, while expanding beyond the Egyptian market to include MENA region equities and related instruments.

The fund is not limited to local equities; instead, it follows a more open and diversified approach that combines Egyptian stocks, global depositary receipts, and regional markets, within a framework that balances return maximization and risk management, with the flexibility to allocate a portion of assets to short-term money market instruments to support liquidity and stability.

The majority of the fund’s assets are allocated to equities, with the ability to expand regionally based on available opportunities, without being constrained by tracking a specific benchmark. According to the prospectus, equity exposure can reach up to approximately 95% of net assets, reflecting the fund’s aggressive nature and its primary focus on capital growth.