Banque Misr First Mutual Fund ( Quarterly periodic income )

Banque Misr First Balanced Investment Fund is an open-ended fund that aims to deliver quarterly periodic income alongside capital growth over the medium and long term, through professional management based on diversification across different asset classes to achieve an optimal balance between return and risk. The fund is considered one of the oldest in the Egyptian market, having been established in 1995 and managed by CI Asset Management.

The fund’s strategy is built on a balanced allocation between equities and fixed income instruments, with Egyptian listed equities serving as the primary driver of returns, with allocations of up to 70% of net assets. Meanwhile, up to 50% of the portfolio may be invested in fixed income and money market instruments such as bonds, treasury bills, and bank deposits, providing the investment manager with flexibility to navigate market volatility and capture opportunities.

The fund distributes returns to unitholders on a quarterly basis, at the end of March, June, September, and December .. making it suitable for investors seeking regular cash flow rather than relying solely on capital appreciation.

Description as published on the distribution platform.