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 9 AM
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 9 AM
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.
