Money Market Fund

Fund Manager

EFG-HERMES

Start up date

6/2010

IC Face Value

10 EGP

IC Price Update

Issued daily

Subscrption

Daily without any fees

Redemption

Daily without any fees

Return

Yearly (accumulated)

Investment Policy

Assets are allocated to short term investments that can be easily liquidated to minimize risks such as treasury bills, time deposits & corporate bonds

Dividends

Any amount above the face value is distributed to the IC’s holders in the form of free IC’s on 31/12 every year.