El Thabet

BdC’s Fixed Income Fund " Al Thabet "

Established since 2013.

Features

Open-ended fund.
Invests in various basic financial instruments, such as treasury, corporate bonds and other debt securities with no tenor limits aiming at generating high yields with moderate associated risk.
Available for Egyptians and foreigners (individuals/institutions).
Managed by CI Asset Management, one of the best asset managers in MENA region.
Possibility of have quarterly distributions.

Benefits

High returns associated with moderate risks.
Tax-free returns.
Flexibility of subscription and redemption.
Investors can monitor the fund’s certificate price through:
- BdC branches.
- Call center 16990.
- Daily morning newspaper.
Reports, financial statements are published semi- annually.

Subscription and Redemption (free of charges)

Purchase

Investors can purchase / redeem a minimum of one certificate with no maximum
Subscriptions are available throughout the working days until the first Sunday (or the first working day) of the following week at 12:00 PM.

Redemption

Redemption requests are presented until12:00 PM of the first Sunday of the following month (being a working day, else the next working day).
Request can be cancelled before the last Thursday of the month.

Settlement will be next day after first Sunday of the next month (being a working day, else the next working day) as per the certificate’s share of NAV on the request day (close of business).