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"Al Youmy" Banque Du Caire’s Second Fund 

 

Product Type:  

Money market Fund   

Key Information:  

Name

Banque du Caire's Money 2nd fund "Al youmy"

Established date

2009

Nominal Value

EGP 10

Asset Manager

Beltone

Minimum Subscription

Nill

Maximum Subscription

Nill

Purchase

Purchase applications can be submitted throughout the working days of the week until two o'clock P.M.

Redemption

The withdrawal of all or some of the value of the investment can be placed Sunday to Thursday until two P.M.

Fees

No fees are applicable

 Targeted Clients:

Individual and institutional investors who seek:  

  • Short-term financial instruments "treasury bills, deposits, saving certificates, debt instruments issued by the Government and repurchase agreements"
  • Low risk and provides daily liquidity

Why to invest in Al Youmy?

  • Both Egyptians and foreigners whether individuals or institutions are allowed to invest in Al youmy.
  • Relatively low risks.
  • Combines the flexibility of the current account and the returns of the savings account without restrictions on the investment period.
  • The benefit of issuing a Debit Card that can be used through BDC’s ATM network.
  • The benefit of issuing a Cheque Book.
  • Provide individuals and companies with the ability to manage its liquid funds (cash).
  • The achievement of an Egyptian pound cumulative daily return without the freezing of assets.
  • One of the huge liquid funds in the market "2.4" billions 
 

Main info. about

Banque du Caire’s first cumulative fund

Established: 1995
Size: 100 million Egyptian pounds