NI Sahmy 70

Sahmy 70 Fund is an equity investment fund designed to track the performance of the EGX70 EWI Index, which includes a group of listed companies on the Egyptian Exchange outside the large-cap segment. The fund invests in the index constituents while maintaining their respective weights, allowing it to closely reflect the index’s performance.

The fund allocates at least 90% of its net assets to the index’s constituent equities, while up to 10% is held in cash or money market instruments to manage liquidity and meet redemption requests, ensuring a balance between tracking accuracy and operational flexibility.

The fund represents a notable development in the Egyptian market as the first fund to track the EGX70 EWI Index, relying on replication rather than active outperformance, making it a direct representation of this segment of the market.

According to the prospectus, fees are implicitly embedded within the unit price, with management fees and expenses deducted periodically from the fund’s net assets. This means that the reported returns are net of all fees and expenses, with no separate deductions applied at the investor level.

Description as published on the distribution platform.