Alex Bank Fixed

Bank of Alexandria Debt Instruments Fund with Quarterly Returns is an open-ended investment fund specializing in debt instruments. The fund aims to maximize investors' capital over the long term by investing in a diversified portfolio of fixed-income instruments while seeking to achieve the highest possible return commensurate with the level of risk. The fund invests primarily in Treasury Bills, Treasury Bonds, corporate bonds, securitized bonds, and bank deposits, while maintaining a portion of its assets in highly liquid instruments to ensure sufficient liquidity to meet redemption requests. According to the Prospectus, the fund is classified as a medium-risk fund.

The Investment Manager adheres to a set of investment limits designed to diversify the portfolio and manage risk. Up to 95% of the fund's assets may be invested in Treasury Bonds, while investments in bank savings certificates may not exceed 25% of invested assets, subject to approval by the Central Bank of Egypt. The fund may also invest in corporate bonds up to 40% of invested assets, provided that the instrument has a minimum credit rating of BBB- or its equivalent at the time of investment. In addition, bank deposits may not exceed 20% of invested assets, while investments in mortgage-backed securities may not exceed 10% of the fund's assets.

The investment strategy of the Bank of Alexandria Debt Instruments Investment Fund focuses on medium- and long-term debt instruments. At least 51% of the fund's assets must be allocated to instruments with a remaining maturity of no less than 18 months. The fund is also required to maintain at least 5% of its net assets in highly liquid assets to meet redemption requests.

The Prospectus outlines a number of risks that investors should consider before investing. These include interest rate risk, which may affect the market value of fixed-income instruments, credit risk arising from the possibility that issuers may fail to meet their financial obligations, and liquidity risk, which may affect the fund's ability to convert investments into cash promptly. The fund is also exposed to inflation risk, which may reduce the real purchasing power of investment returns, in addition to general market risks associated with overall market performance.

Description as published on the distribution platform.