About Mazid Money Market Fund - Emirates NBD
Mazid Money Market Fund - Emirates NBD is an investment fund profile on SNDUK. This page explains Mazid Money Market Fund - Emirates NBD performance, key fund facts, and investment strategy for investors comparing funds in Egypt.
Mazid Money Market Fund - Emirates NBD is managed by هيرمس لإدارة المحافظ المالية وصناديق الاستثمار. Fund type: money_market. Fund code: MMF. Assets under management: 2893638185. Minimum investment: 25 وثيقة. Inception date: 10/22/2018.
Mazid Money Market Fund aims to achieve a daily accumulated return while preserving capital through investing in low-risk, short-term money market instruments denominated in Egyptian pounds, and it does not invest in equities in any form, which makes its risk level lower compared to balanced funds and equity funds.
The investments of the Emirates NBD Money Market Fund include Egyptian treasury bills and bonds, bank deposits, government bonds and corporate bonds with high credit ratings, in addition to repurchase agreements and similar investment funds. This diversification aims to achieve the best possible return while maintaining capital stability and reducing interest rate risk.
The fund provides full daily liquidity .. as it allows subscription and redemption on a daily basis through Emirates NBD branches until 12 PM, and transactions are executed on the same day of the request, with redemption proceeds credited directly to the client’s account, making it suitable for managing cash flows for both individuals and institutions.
The fund is classified as a money market fund with a cumulative periodic return .. meaning that the return generated daily is directly added to the unit value and is not distributed in cash on a periodic basis, which enhances compound growth of the investment over time.
Mazid Money Market Fund - Emirates NBD fund details
Mazid Money Market Fund - Emirates NBD is managed by هيرمس لإدارة المحافظ المالية وصناديق الاستثمار. The asset manager oversees portfolio decisions and fund operations for Mazid Money Market Fund - Emirates NBD.
Mazid Money Market Fund - Emirates NBD is classified as a money_market fund, which shapes its risk profile and investment universe.
Investors can identify Mazid Money Market Fund - Emirates NBD in market data using fund code MMF.
Mazid Money Market Fund - Emirates NBD reports assets under management of 2893638185.
The minimum investment amount to participate in Mazid Money Market Fund - Emirates NBD is 25 وثيقة.
Mazid Money Market Fund - Emirates NBD was launched on 10/22/2018, giving investors a track record to evaluate long-term performance.
Mazid Money Market Fund - Emirates NBD performance summary
Return over 1 week: +0.338%. Return over 1 month: +1.4528%. Return over 3 months: +4.4424%. Return over 6 months: +9.3077%. Return over 1 year: +20.4642%. Return over since inception: +43.1574%.
Use this SNDUK fund page to review Mazid Money Market Fund - Emirates NBD returns, manager details, and strategy before investing.
SNDUK publishes Mazid Money Market Fund - Emirates NBD data to help investors compare Egyptian investment funds with transparent performance and fund information.
