Country Funds Global Egypt Fund Fund Structure
A fundamentally-driven investment Fund that will primarily invest in equity securities of Egyptian companies listed on the Cairo and Alexandria Stock Exchange (CASE) to capitalize on the robust economic growth prospects and investment opportunities present in Egypt.
Fund Objective
To achieve long-term capital appreciation within controlled levels of risk by investing primarily in listed equities of Egyptian companies, IPO and pre-IPO issues with the aim of posting above average returns by capitalizing on the economic growth driven by reforms in Egypt. The Fund will attempt to properly diversify and mitigate overall portfolio risk by investing across various economic sectors. Fund's Benefits: Attractive investment climate driven by government reform. Pipeline of lucrative privatization opportunities. Positive growth prospects of the Egyptian economy. Attractive valuations and corporate earning growth of Egyptian companies. Low correlation of the Egyptian stock market with regional and international equity market.
| Fund Summary | | | Domicile | Kingdom of Bahrain | | Fund Manager | Global Investment House, Global | Custodian, Administrator
& Registrar | HSBC Bank Middle East Limited | | Auditor | KPMG (Bahrain) | | Legal Consultant | Keypoint Consulting W.L.L (Bahrain) |
Suitability This Fund is an Exempt Fund that requires the Investor Profile to be in accordance with the standards set by the Central Bank of Bahrain of an "Accredited Investor" which means; Individuals, Families (joint net worth), Corporations (companies, partnerships, trusts or other commercial establishments) and Governmental Organisations whose main function is financial investments, with a minimum net worth of US$1,000,000 (US dollars one million). |