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It is considered the first investment fund to be established by the Civil Aviation Financial Holding Company, with a cumulative daily return. The aim of launching this fund is to provide an investment vehicle for individual and institutional investors alike, as the fund’s assets invest in highly liquid short- and medium-term monetary financial instruments. Such as debt instruments issued by the government and companies, in addition to instruments and certificates issued by the Central Bank of Egypt, repurchase agreements, and other money market fund documents.
Fund’s Features:
Type: Money Market
Sponsor: Civil Aviation Financial Holding company
Launch date: 10 Oct, 2021
Custody: Banque du Caire
Administrator: ServFund
Min certificates: 100
Currency: EGP
Subscribtion freq: Daily
Subscribtion fee: Free
Redemption freq: Daily
Redemption fee: Free
Receiving entites: CI Capital's Securities Brokerage