About Banque Misr Day by Day Fund ( USD )
Banque Misr Day by Day Fund ( USD ) is an investment fund profile on SNDUK. This page explains Banque Misr Day by Day Fund ( USD ) performance, key fund facts, and investment strategy for investors comparing funds in Egypt.
Banque Misr Day by Day Fund ( USD ) is managed by سي آي لإدارة الأصول. Fund type: money_market. Fund code: YYU. Assets under management: 0. Minimum investment: 10 وثائق. Inception date: 4/30/2007.
Banque Misr USD Money Market Fund with Cumulative Daily Yield ( Day by Day Dollar ) is an open-ended investment fund launched by Banque Misr to provide a US dollar-denominated savings and investment vehicle that aims to generate a cumulative daily return while maintaining a high level of liquidity and relatively low investment risk.
The investment strategy of the Banque Misr USD Money Market Fund is based on allocating assets across a range of US dollar-denominated cash instruments and fixed-income securities within specific investment limits. The fund may hold up to 100% of its assets in cash or bank deposits with banks regulated by the Central Bank of Egypt when suitable investment alternatives are unavailable. It may also invest up to 100% of its assets in US dollar-denominated government Treasury Bills.
According to the prospectus, the fund may invest up to 40% of its assets in sovereign US dollar bonds and up to 40% in US dollar bank certificates of deposit. Investments in corporate bonds, commercial papers, and other fixed-income securities issued by companies and banks may not exceed 30% of invested assets, while exposure to any single instrument or issuer is capped at 20%. This diversification helps balance liquidity, return potential, and risk management.
Youm B Youm Dollar Fund is suitable for investors seeking a relatively low-risk US dollar investment with high liquidity and returns that reflect the nature of money market and short-term fixed-income instruments. The fund is available to both Egyptian and foreign individual and institutional investors.
Banque Misr Day by Day Fund ( USD ) fund details
Banque Misr Day by Day Fund ( USD ) is managed by سي آي لإدارة الأصول. The asset manager oversees portfolio decisions and fund operations for Banque Misr Day by Day Fund ( USD ).
Banque Misr Day by Day Fund ( USD ) is classified as a money_market fund, which shapes its risk profile and investment universe.
Investors can identify Banque Misr Day by Day Fund ( USD ) in market data using fund code YYU.
Banque Misr Day by Day Fund ( USD ) reports assets under management of 0.
The minimum investment amount to participate in Banque Misr Day by Day Fund ( USD ) is 10 وثائق.
Banque Misr Day by Day Fund ( USD ) was launched on 4/30/2007, giving investors a track record to evaluate long-term performance.
Banque Misr Day by Day Fund ( USD ) performance summary
Return over 1 week: +0.0728%. Return over 1 month: +0.3149%. Return over 3 months: +0.916%. Return over 6 months: +1.9181%. Return over 1 year: +4.2174%. Return over since inception: +46.0709%.
Use this SNDUK fund page to review Banque Misr Day by Day Fund ( USD ) returns, manager details, and strategy before investing.
SNDUK publishes Banque Misr Day by Day Fund ( USD ) data to help investors compare Egyptian investment funds with transparent performance and fund information.
