Press release

Arab African Investments Holding (AAIH), a subsidiary of Arab African International Bank (AAIB), announced the closing of the Initial subscription period for both its 3rd Issuance (Kanz EGX70 EWI) and 4th Issuance (Kanz EGX35 LV).

Mr. Hussein El Sherbini, Vice Chairman and Managing Director, noted that the Arab African Holding Equity Fund with Cumulative Return (Kanz - Multi-Issuance) was launched to meet the growing demand for investing in Egyptian Stock Exchange (EGX)-listed equities through equity funds, aligned with the company’s strategy to introduce diverse investment products.

The 3rd Issuance (Kanz EGX70 EWI) and 4th Issuance (Kanz EGX35 LV) represent a new addition to the specialized fund in EGX-listed equities, enabling investors to diversify their portfolios and manage risk effectively. Notably:

• 3rd Issuance Subscription: Covered 10.6 times its target volume.
• 4th Issuance Subscription: Covered 12.2 times its target volume.

AAIH previously launched the Diamond Money Market Fund in 2022, followed by the Kanz Fund with its first two issuances (Kanz Foras and Kanz Sharia) in 2025. In Q1 2026, it launched the Arab African Holding USD Fixed Income Fund with Cumulative Return (Bonds).

Mr. Mohamed Moustafa, Managing Director of Arab African Investment Management (AAIM), stated that launching these two issuances marks a new addition to the asset management industry, which has seen noticeable growth in recent years due to rising investor awareness. He highlighted that the offering experienced unprecedented demand across various investor segments within a short timeframe—reflected clearly in the high oversubscription rates—demonstrating strong investor confidence in the funds managed by the firm.

He further explained the strategies for each issuance:

• 3rd Issuance (Kanz EGX70 EWI): Aims to replicate the performance of the EGX70 index with a correlation coefficient of at least 80%, taking tracking error into account.
• 4th Issuance (Kanz EGX35 LV): Aims to replicate the performance of the EGX35 LV index with a correlation coefficient of at least 80%. The EGX35 LV index consists of 35 low-volatility companies selected from the most liquid stocks, catering to risk-averse investors seeking lower price fluctuations.

Both issuances allow for daily purchases and daily redemptions.

In 2026, Arab African Investment Management managed 3 new funds: Gosour Equity Fund, Bonds USD Fixed Income Fund, and another Money Market Fund. This falls within the company’s broader strategy to diversify investment offerings for its clients, drive growth in Assets Under Management (AUM), and expand its range of investment products.