BDC's Equity Fund
BDC’s First Fund (Equity Fund)
It is an equity cumulative fund which established since 1995.
- Managed by EFG- Hermes, one of the market leaders in fund management.
- Long-term investment.
- Total returns of 978% since inception date until May 2021. (average return of 39% per year).
- Investors can purchase / redeem a minimum of one certificate with no maximum.
- High expected returns associated with high risk.
- 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.
Subscription and Redemption (free of charges)
- Subscription takes place on a daily basis (excluding Thursday) at all BDC’S branches until 12:00 PM.
- Redemption requests to be presented till the first 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 first working day of the week.