About Bank of Alexandria Mutual Fund 1
Bank of Alexandria Mutual Fund 1 is an investment fund profile on SNDUK. This page explains Bank of Alexandria Mutual Fund 1 performance, key fund facts, and investment strategy for investors comparing funds in Egypt.
Bank of Alexandria Mutual Fund 1 is managed by هيرمس لإدارة المحافظ المالية وصناديق الاستثمار. Fund type: equity. Fund code: AXF. Assets under management: 136409032. Minimum investment: 10 وثائق. Inception date: 11/24/1994.
Bank of Alexandria Fund No. 1 Income & Capital Growth Fund is an open-ended investment fund that invests primarily in equities, aiming to distribute periodic returns and grow investors' capital. The fund was licensed by the Egyptian Financial Supervisory Authority under license No. 31, issued on September 28, 1994, making it one of the oldest investment funds in Egypt.
The fund's allocation to equities listed on the Egyptian Stock Exchange ranges between a minimum of 45% and a maximum of 90% of total fund assets. Investments in bonds and sukuk may not exceed 50% of total assets. Cash and liquidity instruments are maintained at a minimum of 5% and a maximum of 30% of net assets, and are deployed in low-risk instruments that can be converted to cash immediately.
How are profits distributed? The fund distributes semi-annual dividends to investors, with the distribution ratio not exceeding 70% of net realized profits for the period. The remaining balance is reinvested in the fund for the benefit of unitholders. Profit sources include equity dividends, bond yields, capital gains realized from the sale of securities, and unrealized gains resulting from increases in the portfolio's market value.
Bank of Alexandria Mutual Fund 1 fund details
Bank of Alexandria Mutual Fund 1 is managed by هيرمس لإدارة المحافظ المالية وصناديق الاستثمار. The asset manager oversees portfolio decisions and fund operations for Bank of Alexandria Mutual Fund 1.
Bank of Alexandria Mutual Fund 1 is classified as a equity fund, which shapes its risk profile and investment universe.
Investors can identify Bank of Alexandria Mutual Fund 1 in market data using fund code AXF.
Bank of Alexandria Mutual Fund 1 reports assets under management of 136409032.
The minimum investment amount to participate in Bank of Alexandria Mutual Fund 1 is 10 وثائق.
Bank of Alexandria Mutual Fund 1 was launched on 11/24/1994, giving investors a track record to evaluate long-term performance.
Bank of Alexandria Mutual Fund 1 performance summary
Return over 1 week: +0.904%. Return over 1 month: +3.5911%. Return over 3 months: +4.6198%. Return over 6 months: +24.0307%. Return over 1 year: +47.4631%. Return over since inception: +306.7775%.
Use this SNDUK fund page to review Bank of Alexandria Mutual Fund 1 returns, manager details, and strategy before investing.
SNDUK publishes Bank of Alexandria Mutual Fund 1 data to help investors compare Egyptian investment funds with transparent performance and fund information.
