CI IPO Fund

CI IPO Fund is an open-ended investment fund specialized in investing in initial public offerings (IPOs) within the Egyptian market, with the flexibility to allocate part of its assets to already listed equities and fixed income instruments.

The core idea of the fund is to capitalize on pricing opportunities associated with newly listed companies, by entering at the early stages of trading, which may experience noticeable price movements and growth potential compared to the secondary market.

The fund is not limited to participating in IPOs only; it follows an active management approach after listing, allowing it to hold or exit positions based on company performance and market conditions, while reallocating liquidity into new opportunities.

The fund’s investment policy focuses on equities listed on the Egyptian Exchange, particularly IPOs, where equity exposure can reach up to 95% of total assets, with a minimum of 60% of the fund’s proceeds, with the possibility of reducing this allocation in exceptional cases as determined by the investment manager.

On the defensive side, up to 50% of the fund’s assets may be invested in treasury bills, government bonds, and other low-risk instruments, including bank deposits and cash-equivalent assets, to support liquidity and manage risk.

Additionally, the fund is subject to diversification limits, where investment in other mutual funds must not exceed 20% of net assets or 5% of the outstanding units of the target fund.

Description as published on the distribution platform.