Aman Fund - Faisal & CIB shariah compliant Fund

Aman Fund is an open-ended investment fund that is compliant with Islamic Sharia principles. It was launched as a joint initiative between Faisal Islamic Bank of Egypt and the Commercial International Bank (CIB), and is managed by CI Asset Management. The fund aims to achieve long-term capital growth by primarily investing in Sharia-compliant equities, alongside other financial instruments such as Sukuk and Islamic bank deposits, within a flexible investment framework that balances growth and risk management.

The fund represents an advanced model of Islamic equity funds in the Egyptian market, as it is not limited to local equities but also extends to a diversified range of instruments including Global Depository Receipts (GDRs) and exposure to regional and international markets. This approach enhances the potential for above-average returns through well-structured geographic and sector diversification.

Aman Fund follows an active investment strategy that allows the fund manager to dynamically allocate assets based on market conditions. Equity exposure can range between 60% and 95% of net assets, while a portion is allocated to Sharia-compliant liquidity instruments such as Islamic bank deposits, providing a balance between growth potential and liquidity management.

The fund may also invest up to 20% of its assets in other mutual funds, with strict investment limits of 15% per single stock and 40% per sector, ensuring disciplined risk management and diversification.

Subscription Fees: 0.25%

Redemption Fees: 0.25%

Description as published on the distribution platform.