Mubasher Fixed Income Fund USD

Dollar Mubasher Fixed Income Fund is an open-ended investment fund with a cumulative return, denominated in U.S. Dollars. It aims to grow investors' capital by investing in a diversified portfolio of U.S. Dollar-denominated fixed-income instruments. The fund is designed for investors seeking to invest their U.S. Dollar savings in low-risk financial instruments, while reinvesting the generated returns within the fund, allowing the unit value to grow over time.

The fund's investment policy is based on a set of investment limits that regulate asset allocation and risk management. It may invest up to 95% of its net assets in U.S. Dollar-denominated Treasury Bills and government bonds, up to 65% in U.S. Dollar-denominated corporate Sukuk and corporate bonds, up to 25% in U.S. Dollar-denominated fixed-income instruments approved by the Financial Regulatory Authority (FRA), up to 20% in U.S. Dollar-denominated fixed-income mutual funds, and up to 90% in U.S. Dollar certificates of deposit with banks.

The Prospectus also requires that debt instruments held by the fund have a minimum credit rating of BBB- or its equivalent, with Egyptian sovereign U.S. Dollar-denominated government debt exempt from this requirement. In addition, the fund is subject to investment diversification limits, whereby investments in securities issued by a single company may not exceed 10% of the fund's net assets, while investments in debt instruments issued by a single issuer or a related group may not exceed 15% of the fund's net assets. The fund allows daily subscriptions, while redemptions are processed weekly every Monday, in accordance with the procedures and timelines specified in the Prospectus.

Description as published on the distribution platform.