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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.

Review ATM Fraud

Be careful when you use your ATM Card

The Scammer Devices !!!

The level of the false keyboard is higher than the ATM surface.
The keyboard to log/record your PIN code when you enter it after inserting the card.

atm fraud

Original keyboard is at the same level.

 
 

atm fraud

The Scanners Devices !!!

The level of the card slot is same as the ATM surface and some ATMs also have aflashing green light.

atm fraud

The magnetic strip reader on top of the actual card slot.

atm fraud

The Trap !!!

The trap is made up of XRAY film, which is the preferred material by thieves; Simply because of the black color which is similar in appearance to the slot on the card reader.

atm fraud

As soon as the victim is gone, and they have your PIN , The thief can remove the glued trap, by grasping the folded tips, he simply pulls the trap out that has retained your card.

atm fraud

The thief pretending to help. What he is really doing is trying to gain the victim‘s PIN, now that he has captured his card.

atm fraud

The good Thief convinces the victim He can recover the card,if he presses his PIN at the same time the Thief press “cancel” and “enter”, he has the PIN the victim provided unknowingly.

atm fraud

Bank ATMs Converted to Steal IDs of Bank Customers !!!

Equipment being installed on front of existing bank card slot.

atm fraud

The equipment as it appears installed over the normal ATM bank slot.
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atm fraud
The PIN reading camera being installed on the ATM is housed in an innocent looking leaflet enclosure.

atm fraud

The camera shown installed and ready to capture PINs by looking down on the keypad as you enter your PIN.

atm fraud

What can you do to avoid such scams/fraud?

Be extra careful!! A few tips for it …

  • Always use the same ATM as far as possible!
  • You are more likely to spot any tampering if you are using a familiar ATM machine!
  • Be vigilant and observant to notice anything different about your ATM!
  • Most ATM keyboards are set within the body and are not protruding above the base!
  • Check to be sure. The card slots are also set within the body of the ATM machine and not protruding above it! Check this also.
  • Look out for miniature cameras stuck to the ATM top that can photograph your PIN code entry!
  • Shield your hand with a paper sheet or envelope and enter the PIN code under this cover!