About SAIB Bank Fund 2
SAIB Bank Fund 2 is an investment fund profile on SNDUK. This page explains SAIB Bank Fund 2 performance, key fund facts, and investment strategy for investors comparing funds in Egypt.
SAIB Bank Fund 2 is managed by هيرمس لإدارة المحافظ المالية وصناديق الاستثمار. Fund type: equity. Fund code: SA2. Assets under management: 90920000. Minimum investment: وثيقة واحدة. Inception date: 9/23/1997.
SAIB Second Investment Fund is an open-ended equity fund established in 1997 with the objective of achieving long-term capital growth through primarily investing in equities listed on the Egyptian Exchange, while retaining the flexibility to allocate a portion of its assets to fixed-income instruments, bank deposits, and corporate bonds within the approved investment limits.
The fund’s investments are governed by investment guidelines designed to balance growth opportunities with risk management. Up to 95% of the fund’s net assets may be invested in equities and equity-related securities, while investments in bonds and financing sukuk may reach 60% of net assets. In addition, the fund may invest up to 35% of its net assets in investment fund units. The fund is also required to maintain a minimum cash position of 5% of net assets to meet redemption requests and support portfolio liquidity.
From a diversification perspective, investments in the securities of a single company may not exceed 15% of the fund’s net assets or 20% of the total securities issued by that company. Likewise, investments in any single investment fund may not exceed 20% of the fund’s net assets and are capped at 5% of the total units issued by the underlying fund.
Subscriptions and redemptions are processed weekly through SAIB Bank branches. Subscription requests are accepted until 12:00 PM on the first banking business day of each week, while redemption requests are accepted until 12:00 PM on the last banking business day of the week, in accordance with the procedures and requirements set out in the fund’s prospectus.
SAIB Bank Fund 2 fund details
SAIB Bank Fund 2 is managed by هيرمس لإدارة المحافظ المالية وصناديق الاستثمار. The asset manager oversees portfolio decisions and fund operations for SAIB Bank Fund 2.
SAIB Bank Fund 2 is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify SAIB Bank Fund 2 in market data using fund code SA2.
SAIB Bank Fund 2 reports assets under management of 90920000.
The minimum investment amount to participate in SAIB Bank Fund 2 is وثيقة واحدة.
SAIB Bank Fund 2 was launched on 9/23/1997, giving investors a track record to evaluate long-term performance.
SAIB Bank Fund 2 performance summary
Return over 1 week: +2.2175%. Return over 1 month: -0.7537%. Return over 3 months: +7.0999%. Return over 6 months: +24.2632%. Return over 1 year: +56.0164%. Return over since inception: +1619.1443%.
Use this SNDUK fund page to review SAIB Bank Fund 2 returns, manager details, and strategy before investing.
SNDUK publishes SAIB Bank Fund 2 data to help investors compare Egyptian investment funds with transparent performance and fund information.
