Mutual Funds

Money market fund
  • Fund Manager:EFG - HERMES
  • Start update: 6/2010
  • IC Face Value: 10 EGP
  • IC Price Update:11.95230*
  • Subscription: Daily without any fees
  • Redemption: Daily without any fees
  • Return: Yearly (accumulated)
  • Investment Policy: Assets are allocated to short-term investments that can be easily liquidated to minimize risks such as treasury bills, time deposits & corporate bonds
  • Dividends: Any amount above the face value is distributed to the IC’s holders in the form of free IC’s on 31/12 every year.


* MMF's price after the distribution of an EGP1.40 in the form of free ICs in FY19.