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  Home>> Personal Banking >> Mutual Funds>> Al Agial Fund Share  
 
Al Agial Fund Print
 
Eligibility to subscribe to fund according to prospectus  
 
 
  • Individuals (Egyptians and Foreign Residents).

  • Minors, in their names, under their legal guardian’s authority.

  • Corporates.

 
 
     
Background  
 
 
  • Suez Canal Bank established on September 24th 2008 a second mutual fund "Al Agial" – with cumulative and periodic return – for an amount of EGP 100 million.

  • Suez Canal Bank has allocated for the fund activity the sum of LE 5 million represented in 500 thousand certificates (5% of the fund) that shall be redeemable only at the termination of the fund unless it is renewed.

  • The nominal par value of each certificate is LE 10.

  • 'Al Agial' fund will provide investors who have limited experience with an opportunity for exposure to the Egyptian stock market without having to bear the risk of managing their portfolios.

  • The term of the fund is 25 years starting the day of inception.

  • To download Prospectus March-2019 Click Here.
 
 
 
Type of Fund  
 
  Equity.  
 
 
Fund Manager  
 
  Beltone Financial.  
 
 
Subscription and Redemption  
 
 
  • Weekly on Thursday.

  • Applications Until 12 pm.

  • To download Subscription or Redemption Applications click here.
 
 
 
Certificate Par Value  
 
   
 
 
Minimum Subscription  
 
  One certificate.  
 
 
Subscription / redemption commissions  
 
  None.  
 

 
 
For more information;

 
  Call our Call Center on 19093  
 
  OR
 
  Send your inquiry here  
 
  OR
 
  Visit your nearest branch check Branch Locator  
 
 
 
 
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