BdC's Equity Fund
BdC’s First Fund (Equity Fund)
It is an equity cumulative fund which established since 1995.
Features
- Managed by EFG- Hermes, one of the market leaders in fund management.
- Long-term investment.
- Total returns of 2388% since inception date until Dec. 2023. (average return of 85% per year).
- Investors can purchase/redeem a minimum of one certificate with no maximum.
- High expected returns associated with high risk.
Benefits
- Allows clients to invest in Egyptian Stock Market through a professional fund manager.
- Investors can monitor the fund’s certificate price through:
- BdC’s branches.
- Call center 16990.
- Daily morning newspaper.
- Reports, financial statements are published semi-annually.
- BdC website.
Subscription and Redemption (free of charges)
- Subscription takes place on a daily basis at all BDC’S branches until 12:00 PM.
- Redemption requests to be presented till the last working day of the week before 12:00 PM, settlement takes place on the next working day based on the certificate price declared at the close of business of the last working day of the previous week.