About El Fanar Money Market Fund
El Fanar Money Market Fund is an investment fund profile on SNDUK. This page explains El Fanar Money Market Fund performance, key fund facts, and investment strategy for investors comparing funds in Egypt.
El Fanar Money Market Fund is managed by العربي الإفريقي لإدارة الاستثمارات. Fund type: money_market. Fund code: FMF. Assets under management: 6042506860. Minimum investment: 10 وثائق. Inception date: 11/14/2023.
El Fanar Money Market Fund is an investment fund focused on money market instruments, aiming to preserve capital while generating a daily accumulated return with a low level of risk .. making it a suitable tool for managing short-term liquidity for both individuals and institutions.
The fund’s strategy is based on investing in highly liquid short-term financial instruments, including Egyptian treasury bills and bonds, corporate bonds, sukuk, as well as bank deposits and money market instruments .. with investments distributed across different maturities to achieve a balance between return and stability while reducing interest rate risk.
In terms of investment limits, the fund may allocate up to 100% of its assets to liquid investments such as savings certificates, current accounts, and bank deposits regulated by the Central Bank, particularly when these instruments offer higher returns compared to other available instruments. It also ensures that exposure to any single issuance does not exceed 10% of net assets .. and that the weighted average maturity of the portfolio does not exceed 396 days, with a minimum required credit rating of BBB or its equivalent.
El Fanar Money Market Fund fund details
El Fanar Money Market Fund is managed by العربي الإفريقي لإدارة الاستثمارات. The asset manager oversees portfolio decisions and fund operations for El Fanar Money Market Fund.
El Fanar Money Market Fund is classified as a money_market fund, which shapes its risk profile and investment universe.
Investors can identify El Fanar Money Market Fund in market data using fund code FMF.
El Fanar Money Market Fund reports assets under management of 6042506860.
The minimum investment amount to participate in El Fanar Money Market Fund is 10 وثائق.
El Fanar Money Market Fund was launched on 11/14/2023, giving investors a track record to evaluate long-term performance.
El Fanar Money Market Fund performance summary
Return over 1 week: +0.3374%. Return over 1 month: +1.4546%. Return over 3 months: +4.4869%. Return over 6 months: +9.325%. Return over 1 year: +20.8507%. Return over since inception: +72.2297%.
El Fanar Money Market Fund investment strategy
صندوق الفنار النقدي - مناسب لإدارة السيولة قصيرة الأجل بمخاطر منخفضة كونه صندوق استثمار يستهدف الحفاظ على رأس المال بعائد يومي تراكمي، يستثمر في أذون وسندات الخزانة المصرية والودائع البنكية.
Use this SNDUK fund page to review El Fanar Money Market Fund returns, manager details, and strategy before investing.
SNDUK publishes El Fanar Money Market Fund data to help investors compare Egyptian investment funds with transparent performance and fund information.
