The Fund aims to provide a savings and investment pot for different periods, as the Fund distributes its investments to fixed income instruments – Depending on each issuance -specified in the investment policy in various debt instruments issued by the government such as government treasury bills and bonds and bank savings certificates, monetary market fund documents, corporate bonds, instruments and other debt instruments. This fund is therefore considered a low-risk fund and provides liquidity by calculating a cumulative return on the funds invested in it. This is done by investing in accordance with the investment controls specified in each issue.
AZ Nasser Islamic Money Market
Latest Price NAV
USD
0.35
as of
12/Sep/23
Objective
Key Facts
Launch Date :
30/Apr/23
Asset Type :
Money MarketBase Currency :
Egyptian PoundBenchmark :
Index is not available on Lipper Database
Dividend Type :
N.A
Income Distribution :
Paid
Total Expense Ratio % :
N.A
Geographical Focus :
Egypt
Shariah Compliant
Shariah
Performance
3 Yrs Performance
-1.88
5 Yrs Performance
-2.22
10 Yrs Performance
0.77
Top Holdings
Portfolio Composition
Transaction Information
Annual Charges
Minimum Charge :
1.015
Maximum Charge:
N.A
Initial Charges
Minimum Charge :
N.A
Maximum Charge :
N.A
Actual Charge :
N.A
Redemption Charges
Minimum Charge :
N.A
Maximum Charge:
N.A
Actual Charge :
N.A
Contact
Company Name:
Azimut Egypt