Iskan – Every Day

Aims to provide a savings and investment vehicle that provides daily cash liquidity with a daily cumulative return on invested funds, thus allowing for daily subscription and redemption. Invests in short-term investments, such as Treasury bills and bonds, bank deposits, other debt instruments, repurchase agreements, and other cash funds.

Fund’s Features:

• Delivers capital growth while limiting market volatility
• An attractive alternative to current accounts and savings accounts, combining the flexibility of a current account with the advantages of a saving account.
• An ideal medium for short-term investment
• A highly-liquid investment tool
• Reduces risks by investing in liquid and short-term money market instruments
• Generates higher returns over time as daily returns accumulate
• Daily subscription and redemption allowed with no fees
• Available to Egyptian and foreign investors
• Maximizing the impact of cumulative returns by investing for long periods
• Returns are tax deductible