- Credit Agricole Egypt

What are the risks involved in investing in mutual funds?

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.

What are returns and how are they calculated?

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 fund 1 click here
Mutual Fund 2 click here
Mutual fund 3 click here
Mutual Fund 4 click here

What are mutual funds?

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.

What are the different types of mutual funds?

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)

Who is the fund manager and how do they affect performance?

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.

Hello To My First

Beginning.. Together

We know that you are the generation that has no limits to their ambitions and dreams, therefore we tailored MY FIRST for you.

Now you can join MY FIRST if you are 15 years old!

With MY FIRST you will enjoy:

Free account opening
High-Interest Savings Account: Earn a special interest rate on savings up to EGP 50,000.
Debit Card free issuance and renewal fees: Enjoy convenient access to your savings with a free debit card for withdrawals and purchases.
Transaction alerts: Stay informed with 10 free SMS alerts per month with banki Alert. Additional alerts are available for EGP 0.25 each.
Happy Points Program: Earn loyalty points on every transaction made with your debit or credit card, and banki Mobile. Redeem your points at the participating merchants. Click here
Exclusive discounts and offers: Enjoy special deals and promotions at your favorite stores. Click here
Digital banking convenience: Manage your accounts, track transactions, pay bills, and more with banki Mobile application. Transfer funds to other wallets inside Egypt for free using banki Wallet. Click here
Fast track to CAE summer internship: Gain valuable experience with a fast track to Crédit Agricole Egypt’ summer internship program

Reaching 21 Years Old, unlock more benefits:

Credit Card: Enjoy a 50% discount on primary credit card issuance fees.
Loans: Get a 50% discount on administration fees for Cash and Car Loans.

Eligibility: Youth individuals aged 15 and not yet 26 years old

To know the bank tariff. Click here

Note: When you reach 26 years old, you’ll receive an SMS notification about the transition of your MY FIRST account to a standard quarterly savings account. Your account number will remain the same and the associated SMS package will change to Smart SMS package as per announced tariff on our official website And you will be offered a banking package tailored to your specific needs at that time.

Are you ready to start your journey to financial freedom with MY FIRST?

Terms & Conditions Apply Click Here