Equity Fund


The fund is a pool which collectively aim to utilize client funds in the stock market with an objective of diversifying the investments between various shares and minimizing the risks by this diversification with the aim to achieve positive medium term returns that compensate for inflation and equity market volatility.

Features

  • EGP denominated 
  • Aims at positive medium term returns that compensate for inflation and equity market volatility
  • Semi-annual dividends
  • Tax exempt
  • Daily subscription and redemption, no charges
  • Launch: 2 April 2008
  • Issue price at subscription: EGP 100
  • Minimum investment: 5 shares
  • Management fees: 0.65% p.a
  • Performance Fees: 7.5% above 91 day T-bills
  • Bank fees: 0.5% p.a
  • Fund Manager: Phoenix Kato Asset Management (Piraeus Bank Egypt asset management subsidiary)
  • Issue price at subscription: EGP 100

Subscription

Subscription is available in all our branches.

Today's ABK-Egypt Equity Fund Price:

Price Last Update
137.7100   Monday, January 16th 2017
Download Equity Fund Prospectus
Download Equity Fund Fact Sheet for March 2015