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NAEEM Misr Fund

Inception Date    11 December
Investment Objective The fund seeks Capital appreciation through investment in listed shary'a compliant companies in EGPTSE with accordance to the SSB set criterion. The fund may invest up to 50% of the AUM in shary'a compliant financial instruments.
Fund Structure    An Open-ended Egyptian Equity Fund- SHARIA COMPLIANINT
Base Currency    EGP
Sharya Supervisory Board (SSB):    Dr. Aly Gomaa  Dr. Saad El Deen Helaly
Investment Manager    NAEEM Financial Investment
Subscription / Redemption    Weekly
Subscription Fee    0.25% /Certificate  value – Max LE 0.25/certificate
Redemption Fee    None
Management Fee    Management fee: 1.2% of AuM on a weekly basis due at the end of each month.
Performance Fee    Performance fee: 10% on NP exceeding the hurdle rate of the yield on AlWatany Bank islamic investment accounts (1 yr)
Financial Year    31  December

 

Fund Performance

Year / Month   January February March April May June July August September October November December
2011 - 1.51%
2012 8.26% 11.39% -4.87% 1.05% -1.51% 3.09% 0.47% 9.74% 6.97% -2.15%m -13.01% 9.55%
2013 -1.74% -1.40% -3.68% 2.35% 2.78% -10.91% 9.92% 1.49% 4.41% 3.94% 0.04% 8.31%
2014 9.50% 10.12% -1.46% 2.00%  7.71% -7.63% 4.30% 4.15% 1.47% -7.78% 5.20% -6.33%
2015  6.27% -10.17% -1.99% -0.58% 3.38% -3.54%  -5.71% -10.74% 1.58% 5.52% -14.33% 4.89%
2016 -12.35% 0.58% 19.08% -4.19% -3.42% -7.03% 4.45% 1.09%
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More Information

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