Listen to this article“ Zayed Kol Youm ” – The Daily Accumulative Money Market Fund
ADCB Egypt’s Daily Accumulative Money Market Fund “Zayed Kol Youm” is a money market fund specifically designed to offer customers (individuals and corporate) an investment opportunity that combines low risk and high liquidity, while maintaining easy access to funds at any time.
The fund invests in the Egyptian short-term money market instruments, including treasury bills, government bonds, corporate bonds, and bank deposits with a maximum maturity of 13 months.
Key Features
- Ideal for short-term investment with instant access to your funds.
- Daily accumulative returns.
- High liquidity investment tool.
- Flexibility of daily subscriptions and redemptions.
- Lower risk through investment in short-term financial instruments.
- Available to Egyptians and foreign investors.
Subscriptions and Redemptions:
- Subscriptions and redemptions for investment certificates (ICs) can be submitted daily through any of our branches during official working days from 9:00 AM until 12:00 PM.
- The investment certificate (IC) holder or their legally authorized representative may submit a request to redeem part or all of the subscribed investment certificates (ICs) .
- Investment certificate (ICs) transactions are processed on the same day. Subscriptions and redemptions are debited/credited on same day based on the current announced price of investment certificate (IC) at the time of the request.
- For further details, please refer to the prospectus attached.
- Download from here