Table of Contents
Disclaimer: Activities in the Egypt market are conducted through Thndr Securities Brokerage, which is a member firm of the Egyptian Stock Exchange and is authorized and regulated by the Financial Regulatory Authority . Registered in Egypt (no. 804)
What is Beltone Sabayek (BSB)?
Beltone Sabayek is an open-ended mutual fund designed to track the price movement of 24k gold.
You can read more about the fund’s investment guidelines and limits in the fund prospectus here.
How do I place my order?
- Open the Thndr app and go to “Explore.”
- Search for “Beltone Sabayek” or locate “BSB” under the mutual funds theme.
- Tap on the Beltone Sabayek Fund.
- Tap on “Buy” and specify the amount you wish to invest (Minimum 10 certificates)
Buying & Selling
If you place your order before 9AM
Your order will be sent on the same day and executed on the next business day at that day’s price.
If you place your order after 9AM
Your order will be sent on the next business day and executed on the following business day at that day’s price.
Fees
- 2% of your buy order value, collected at the time of purchase
- Standard Thndr fees
Can I redeem my certificates for physical gold?
No, BSB does not redeem physical gold. Buying and selling takes place through certificates.
Who Manages Sabayek (BSB) ?
Beltone Sabayek (BSB) is managed by Beltone Asset Management, a subsidiary of Beltone Financial.
Beltone Asset Management is a Leading Asset Manager in Egypt with Assets Under Management amounting to EGP29.4 billion as of March 2024.
What are the risks?
- Underlying Asset Risks.
- Supply Risks.
- Storage Risks.
For more details on the fund’s risk factors, view the fund prospectus here.
