About NBE Seventh Mutual Fund (Fund of Egyptian Funds)
NBE Seventh Mutual Fund (Fund of Egyptian Funds) is an investment fund profile on SNDUK. This page explains NBE Seventh Mutual Fund (Fund of Egyptian Funds) performance, key fund facts, and investment strategy for investors comparing funds in Egypt.
NBE Seventh Mutual Fund (Fund of Egyptian Funds) is managed by شركه الاهلي لاداره الاستثمارات الماليه. Fund type: balanced. Fund code: ASF. Assets under management: 152071586. Minimum investment: 5 وثائق. Inception date: 5/19/2009.
NBE Seventh Fund is an open-ended investment fund of the "fund of funds" type, established by the National Bank of Egypt in 2009 .. Its core concept is simple yet distinctive instead of investing directly in stocks or bonds, Al Ahly NBE Seventh invests in units of the best Egyptian open-ended investment funds denominated in local currency, giving investors double diversification in a single transaction. The fund's portfolio is allocated across two main categories: equity funds, balanced funds, and index funds with a maximum of 95% of net assets, and money market funds, debt instruments, and fixed income funds with a maximum of 100% of net assets. The fund manager determines the optimal allocation between these two categories based on his market outlook and prevailing economic conditions.
The fund is primarily accumulative .. and also distributes a semi-annual periodic return to unit holders at a ratio ranging between 30% and a maximum of 90% of the fund's actual profits, at the fund manager's discretion.
Al Ahly Seventh also offers the opportunity to borrow against the value of units in accordance with the approved policies of the National Bank of Egypt. The fund is classified within the medium risk category, given its reliance on a balanced mix of investments between equity funds and money market funds.
NBE Seventh Mutual Fund (Fund of Egyptian Funds) fund details
NBE Seventh Mutual Fund (Fund of Egyptian Funds) is managed by شركه الاهلي لاداره الاستثمارات الماليه. The asset manager oversees portfolio decisions and fund operations for NBE Seventh Mutual Fund (Fund of Egyptian Funds).
NBE Seventh Mutual Fund (Fund of Egyptian Funds) is classified as a balanced fund, which shapes its risk profile and investment universe.
Investors can identify NBE Seventh Mutual Fund (Fund of Egyptian Funds) in market data using fund code ASF.
NBE Seventh Mutual Fund (Fund of Egyptian Funds) reports assets under management of 152071586.
The minimum investment amount to participate in NBE Seventh Mutual Fund (Fund of Egyptian Funds) is 5 وثائق.
NBE Seventh Mutual Fund (Fund of Egyptian Funds) was launched on 5/19/2009, giving investors a track record to evaluate long-term performance.
NBE Seventh Mutual Fund (Fund of Egyptian Funds) performance summary
Return over 1 week: +0.4389%. Return over 1 month: +0.6959%. Return over 3 months: +2.6791%. Return over 6 months: +9.9227%. Return over 1 year: +21.8007%. Return over since inception: +285.9222%.
Use this SNDUK fund page to review NBE Seventh Mutual Fund (Fund of Egyptian Funds) returns, manager details, and strategy before investing.
SNDUK publishes NBE Seventh Mutual Fund (Fund of Egyptian Funds) data to help investors compare Egyptian investment funds with transparent performance and fund information.
