Kenz EGX33 Shariah Fund

Kenz Sharia EGX33 Fund is a Sharia-compliant equity fund with a cumulative return structure, designed to provide direct and systematic exposure to a specific segment of the Egyptian market—namely, Sharia-compliant, highly liquid stocks—by tracking the EGX33 Shariah Index.

The fund does not rely on stock picking or speculative strategies. Instead, it follows an index-tracking approach as its core investment philosophy, allowing investors to gain automatic exposure to a diversified portfolio of Islamic equities while minimizing individual decision-making biases. According to the prospectus, the fund is required to maintain at least an 80% correlation with the benchmark index, while managing tracking error.

The fund aims to deliver long-term cumulative returns that closely reflect the performance of the index, while maintaining full compliance with Sharia principles across all stages of the investment process, from stock selection to liquidity management.

Description as published on the distribution platform.