To provide investors with an income return on a quarterly basis by distributing interest and dividend income from investments and realized capital gains from the disposal of investments. Fifty percent of the fund’s portfolio may be invested in Egyptian fixed income securities and the balance may be invested primarily in equity and equity related securities of companies listed on the Cairo and Alexandria Stock Exchanges.

The Fund’s currency of reference is the Egyptian pound.

The investment manager, receive an annual fee of 0.6 percent of the gross asset value of the Fund.

Redemption policy

The NAV per unit is calculated and published daily and units may be purchased or redeemed daily at the NAV per unit. A charge of 0.75 percent of the redemption price is payable to the Fund. No redemption fee is payable when units in the Fund are converted into units of another Banque Misr Mutual Fund.

Status	Open-ended
Listed	Egyptian open-ended funds cannot be listed on the Cairo Stock Exchange
Date of first issue	1 February 1995
Year end	31 December
Maturity	25 years from issue