Press release

This actively managed issuance focuses on equities listed on the Egyptian Stock Exchange (EGX), targeting companies and sectors with strong growth potential and trading below fair value. The fund also targets companies undergoing expansions, restructuring, or M&A activity. The fund will also invest in other financial instruments in accordance with investment and regulatory guidelines to enhance diversification and mitigate investment risk.

Hussein El Sherbini, Vice Chairman and Managing Director of AAIH, commented: “We are pleased to launch Kenz Fund at a time when Egyptian equities are trading at compelling valuations and investor appetite—particularly from institutions and private insurance funds-is growing. This fund offers an opportunity for long-term capital appreciation.”

The fund will be managed by Arab African Investment Management (AAIM). Mohamed Mostafa, the Managing Director of AAIM, commented: “Kenz Fund aligns with our broader strategy to offer diverse investment solutions tailored to meet the evolving needs of our clients, whether individuals or institutions. With its two distinct investment offerings, Kenz is especially suited for insurance companies, private insurance funds, and pension funds amid ongoing shifts in their investment policies. Subscription for both issuances are open from April 15, 2025, for a duration of two months.”