Mutual Funds

Sanadi Balanced Fund: Sanadi Balanced Fund:
  • Fund Manager: Azimut Egypt Asset Management
  • IC Face Value: EGP 10
  • IC Price Update: EGP 15.66592 end of 8 Oct. 2024
  • Subscription: Daily without any fees
  • Redemption: Weekly (First working day of the week) without any fees
  • Return: Yearly (accumulated)
  • Investment Policy: Assets are invested in equity shares on the stock exchange market from 35%-65% from the investment funds alternatively with fixed income investments, such as government and corporate bonds, treasury bills, and time deposits.
  • Dividends: Dividends could be distributed in the form of free ICs or cash dividends on December 31st upon managerial approval and up to 80% of the total net profit.