Overview:
SAIB Bank Fund 2 is an open-ended cumulative equity investment fund with periodic returns and free investment certificates (ICs)
Fund structure
Investment Guidelines:
|
Asset Allocation |
Asset % |
|
Equity |
Min 5% Up to 95% |
|
Cash & Equivalents |
Min 5% Up to 30% |
|
Mutual funds |
Up to 35% |
|
Bonds & Sokouk |
Up to 60% |
Subscription & Redemption:
Subscription and Redemption requests to be submitted through all SAIB branches during working days of the week to be executed on the first working day of next week
Subscription & Redemption fees:
0.25% maximum 1000 EGP