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CIB Money Market Fund
| Description: |
It is a money market fund type, that invests in fixed income securities (T.D’S-T.Bonds-T.Bills-CD’s).
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| Type: |
Open ended with daily subscription and redemption from CIB branches |
| Objective: |
The fund aims to create a vehicle that offers an accumulated daily income for investors who intend to invest their discretionary income for a short period. |
| Initial Size: |
EGP One Billion |
| Duration: |
25 years |
| Risk Profile: |
Low / conservative |
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