Siula Money Market Fund - NI Capital

Siula Money Market Fund with Daily Cumulative Return is an open-ended investment fund that invests in money market instruments denominated in Egyptian pounds and is managed by NI Capital Financial Investments .. aiming to achieve a daily cumulative return while maintaining a low level of risk and high liquidity.

The fund is considered a suitable tool for short-term liquidity management for both individuals and institutions, with the ability to redeem investments on a daily basis. Investors also benefit from tax-exempt returns .. along with the ability to subscribe and redeem without bearing direct transaction fees.

Siula Money Market Fund’s strategy is based on investing in short-term debt instruments and low-risk money market instruments, including government treasury bills, short-term government bonds, bank deposits, savings certificates, and repurchase agreements.

The fund is also subject to clear investment limits designed to manage risk and liquidity. Up to 100% of the fund’s assets may be invested in government treasury bills, while up to 80% may be allocated to bank deposits, current accounts, and bank certificates. Investments in government bonds and corporate bonds combined may not exceed 70% of total assets, repurchase agreements are capped at 50%, and investments in similar investment funds may not exceed 20% of the fund’s net assets.

This diversification strategy aims to achieve the best possible return while maintaining capital stability and reducing interest rate volatility risks.

Description as published on the distribution platform.