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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.
Taقsit Service

Buy it all… pay in small

Taksit cash program

Buy it all… pay in small

Taksit Cash” service is the installment service for cash withdrawals from ATMs for existing and new customers holding primary or supplementary credit cards, with a minimum of EGP 3,000 per transaction or for the total withdrawal transactions. “Taksit Cash” service is requested by calling CAE customer service on 19191 after making the cash withdrawal transaction, noting that the installment service is applied starting from the date of the withdrawal transaction.

Benefits:

  • The benefit of not settling the total amount of the withdrawal transaction. But the customer will pay fixed installments according to the selected installment duration
  • Competitive interest rate and installment duration up to 5 years
  • All Cash withdrawal transactions are eligible to “Taksit Cash” service, whether the transaction performed by primary or supplementary card

“Taksit Cash” service terms & conditions:

This service allows Crédit Agricole credit card holders to install cash withdrawal transactions in equal installments according to the following conditions:

  • The service is available to Crédit Agricole credit cardholders by contacting our customer service center on 19191
  • The minimum amount to request the installment service on cash withdrawal is EGP 3000
  • In case of requesting the installment period, it cannot be changed to another period after the implementation of the service
  • The installments amount will not be available for use, but the paid installments can be reused
  • Installment periods start from 6 months and up to 60 months
  • The cash withdrawal transaction to be paid in installments must have been debited on the credit card as a cash withdrawal transaction
  • The cash withdrawal commission in addition to the daily calculated interest are deducted until the date of the installment request, and once the installment request is executed, any interest deduction will be stopped
  • The customer should pay the installment value in addition to the monthly minimum payment mentioned in the credit card monthly statement, in the following month of the service request
  • The customer must adhere to the installment period that he/she requested to pay the cash withdrawal installments, starting from 6 months and up to 60 months, in case the customer request to settle the whole outstanding amount before the due date, 5% early fees will be applied on the remaining balance with a minimum amount of EGP 50
  • There is no maximum number of cash withdrawal transactions that can be paid in installments, as long as the total withdrawals do not exceed the credit limit of the card
  • The service is available for all credit cards types
  • The customer can request “Purchases Taksit” and “Cash Taksit” at the same time
  • In case of delinquency for any reason, rescheduling can be requested
  • The credit card account must be valid to be able to install your withdrawals transactions, in case the account is suspended for any reason, the service will be stopped.
  • The installment commission is calculated according to the installment period selected by the customer. The commission outstanding is determined as per the following table:
Period 6

 Months

12

Months

24

Months

36

Months

48 

Months

60

 Months

Interest rate 2.17% 2.17% 2.33% 2.33% 2.33% 2.33%

Terms & Conditions applied

Terms & Conditions apply.