Funds

Juman

Current price :-

564.1755

EGP

Last update 11 Dec, 2024

Juman Money Market Fund

With a cumulative daily return (denominated in Egyptian pounds), the fund is a safe and highly-liquid investment tool investing in a number of short-term money market instruments, including government bonds, corporate bonds, Treasury bills, and bank deposits. The fund may only invest in money market instruments with a maximum maturity of 13 months and a maximum average duration of 150 days.

Fund’s Features:
Delivers capital growth while reducing the impact of market volatility.
An attractive alternative to current accounts and savings accounts, as it combines the flexibility of a current account with the advantages of a savings account.
An ideal vehicle for short-term investments
A highly-liquid investment tool.
Reduces risk 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.