Imagine you’re on a road trip. You could take the wheel, navigate every turn, and hope for the best—or you could sit back, let a trusted driver handle it, and enjoy the ride. That’s what passive investing is like: instead of actively managing every move, you trust the market’s natural growth over time.
What is Passive Investing?
Passive investing is a strategy where you invest in a broad market index and let it do the work for you. It’s ideal for those who prefer a hands-off approach, believe in the long-term growth of the market, and want to avoid the stress of daily trading.
The easiest way to get started with passive investing? Index funds.
Well, what are index funds?
Index funds are designed to track specific market indices, providing a simple way to diversify your investments without the need for constant monitoring. By investing in an index fund, you’re essentially betting on the market’s overall success.
There are 3 major indices within the Egyptian stock market , EGX30, EGX100 and EGX33.
If you want to invest in one of them, there are ways you can invest with them on Thndr:
- EGX30 Index: This index tracks the performance of the top 30 companies on the Egyptian Exchange. For those interested in this index, the CI30 is a great option. It provides exposure to these leading companies, offering a balanced way to participate in the Egyptian market.
- EGX33 Sharia Index: If you’re looking for Sharia-compliant investment options, the CMS Fund is your go-to. It tracks the EGX33 Sharia Index, which includes 33 of the most liquid Sharia-compliant companies on the Egyptian Exchange.
- EGX100 Index: The Beltone Meya Meya Fund is the first to track the EGX100 Index, offering the most diverse investment option on the market. With exposure to the top 100 companies, this fund provides a well-rounded approach to capturing the growth potential across various sectors.
Now let’s compare the three funds in more depth.
So, whether you’re new to investing or just looking for a simpler way to grow your wealth, passive investing through index funds might be the perfect route for you.
