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Diamond Money Market Fund
The fund's investment manager follows investment policies aimed at preserving the fund's assets and maximizing the return on invested funds, while reducing investment risks by diversifying investment over different term structures. With a daily cumulative return, the fund is a safe and highly liquid investment tool that invests in a number of money market investment tools over the short term, including: Egyptian Treasury bills and bonds, corporate bonds, or Sukuks. Aims to invest all its money in short-term liquid investments, while generating a cumulative daily return with daily subscription and redemption.
Fund’s Features:
Type: Money Market
Sponsor: AAIH
Launch date: 30 Jun, 2022
Custody: Ahli United Bank
Administrator: Catalyst
Min certificates: 10
Currency: EGP
Subscribtion freq: Daily
Subscribtion fee: Free
Redemption freq: Daily
Redemption fee: Free
Receiving entites: AAIB/AAIS