Money Market Fund

The fund provides a daily return by collectively investing in liquid short term investment pools. The main aim of the fund is providing the client with a relatively good return compared to normal bank accounts as well provide the benefit of daily liquidity.


  • EGP denominated
  • Invests exclusively in money market type instruments:
    • EG Government T-bills and T-bonds
    • Time deposits and CDs
  • Other EGP Money Market funds(max 10% of assets)
  • Aims at an annual return close to the yield of Egyptian Government Treasury Bills (currently 8.5% after tax)
  • Dividends reinvested internally
  • Tax exempt
  • Daily subscription and redemption, no charges
  • Initial subscription period: 21 April 2009 to 14 May 2009
  • Issue price at subscription: EGP 10
  • Minimum investment: 50 shares
  • Fund at inception: EGP 200 million
  • Management fees: 0.25% p.a.
  • Bank fees: 0.25% p.a.
  • Fund Manager: Phoenix Kato Asset Management (Piraeus Bank Egypt Asset Management subsidiary)


Subscription is available in all our branches.

Today's ABK-Egypt Money Market Fund Price:

Price Last Update
30.5887   Monday, October 26th 2020
Download Money Market Fund Prospectus
Download Money Market Fund Fact Sheet for March 2015