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Frequently Asked Questions

can vary depending on the type of mutual fund you invest in, your investment goals, and the market conditions. Here are some key risks associated with mutual funds:
  • Market Risk
  • Credit Risk
  • Interest Rate Risk
  • Liquidity Risk
  • Concentration Risk
  • Reinvestment Risk
It's important to understand the specific risks associated with the type of mutual fund you are considering and to align your investment choices with your risk tolerance, investment objectives, and time horizon.  

Returns represent the total net profits or losses (in some types of mutual funds) achieved against the invested amount during a specific period. To view the returns for the mutual funds offered by the bank

Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of capital market instruments, including equities listed on the stock exchange, treasury bills, treasury bonds, or other securities. Each investor in a mutual fund owns shares of the fund, representing a portion of the overall holdings. These shares are referred to as Investment Certificates, symbolizing the investor’s ownership in the mutual funds. The primary objective of mutual funds is to provide investors with access to a diversified portfolio managed by professional fund managers, reducing risk compared to investing in individual securities. Investors benefit from the collective buying power, professional management, and diversification of the fund, which can be difficult to achieve on their own.

Mutual funds come in various types, each designed to meet different investment objectives and risk profiles. The main types of mutual funds include:
  • Equity Funds (Stock Market)
  • Fixed Income Funds (Medium/Long term Debt Funds)
  • Money Market Funds (Short term Debt Funds)
  • Balanced Funds (Hybrid Funds)
  • Precious Metals Funds (Gold/Silver Funds)
 

EFG Hermes Asset Management is the fund manager for Credit Agricole I, Credit Agricole II equity funds and Credit Agricole III money market fund. With over 25 years of experience in the Egyptian market, the fund manager makes investment decisions on behalf of the investors based on through research and close monitoring of market conditions. EFG Hermes Asset Management is responsible for the performance of the funds under its management, as they handle the investment part of the fund.
Gold Credit Card

"Shop, travel, and do much more with Visa Crédit Agricole Credit Card. (Always Be Prepared)"

Gold Credit Card

Always Be Prepared

Shop, travel, and do much more with Visa Crédit Agricole Credit Card.

Features & Benefits

  • Up to EGP 29,999 credit limit
  • Up to 56-day interest free period on all purchases
  • 5% minimum monthly repayment
  • Worldwide acceptance at over 32 million establishments
  • Worldwide cash access at over 1 million ATMs, 24/7
  • Optional credit shield insurance
  • Advanced fraud protection
  • SMS Alert Service
  • 24/7 call center
  • Up to 3 supplementary cards for 1st degree relatives.
  • Up to 60% cash withdrawal of total available credit limit
  • Happy points program
  • Special discounts and offers with selected merchants throughout the year
  • Convenient repayment through Crédit Agricole extensive branch network, Online Banking, direct debit instructions, Call Center Financial Service or CAE ATMs (hyperlinks)
  • Inquiry feature through the Online Banking service (Balance inquiry, unbilled transactions, last month, last 6 months’ statements and card blocking)
  • Balance Transfer Program
  • Safe Shopping feature for online transactions.
  • Enjoy up to 35% Discount with Avis for Car rental through www.avisworld.com/visa
  • Get 10% off on English Online courses at British Council with your Visa gold card through https://englishonline.britishcouncil.org/visa
  • Monthly Interest Rate 4.25%
  • Payroll customers: 3% monthly interest rate applies to the customers whose salaries transferred to the bank
  • Taksit service: Special interest rates for Taksit service up to 60 months, as follow:
Type 7 Months 13 Months 24 Months 36 Months 48 Months 60 Months
New Annual Takseet Interest Rates 33.60% 33.60% 30.00% 30.00% 30.00% 30.00%
New Monthly Takseet Interest Rate 2.80% 2.80% 2.50% 2.50% 2.50% 2.50%

Effective date 28th March-2025

Eligibility

  • Egyptian citizenship or resident
  • Minimum age 21 years

Required Documents

  • Copy of National ID
  • Salary certificate (for employed) OR Six months bank statements + Valid taxation card and commercial register or operating license (for self-employed)
  • Recent residence utility bill

Terms & Conditions apply.


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