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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.
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Imbaba El Matar project

Unfortunately Egypt has a lot of neglected and abandoned areas where people actually live in an inhuman and unhealthy environment, among which there is Imbaba EL Matar as a live example. Crédit Agricole took this area as a start and worked on this project on three parallel development paths that was started by end of 2012 to 2015:

Health

Crédit Agricole has worked on upgrading of community clinics and equipping it with the latest equipment to offer a decent health service to the people in need living there. The clinics completed with the latest instruments and equipment. It also established an ophthalmic clinic, a dental clinic, and two medical convoys that serve more than 400 patients for free. In addition to an eye operation room that served around 1000 patients.

Education

A local school in the area had a complete renovation where their classrooms upgraded to offer a healthy and clean atmosphere for the students. Crédit Agricole has also funded literacy classes for the adults in the same area:
  • Moustaf Kamel school was completely renovated with 2 big buildings including class renovations and washrooms
  • 25 literacy classes that provided primary education to 375 adult students per year  and were eligible to be transferred to preparatory stage 

Environment

with the aim to rebuild the area with a more humane atmosphere to its people, Crédit Agricole worked on cleaning up of garbage and planting of trees for a clean air, which resulted  in the removal of 1,500 tons of garbage from the slums.