CC Momentum Fund (CCM)

What is CC Momentum Fund (CCM)?

Momentum is an open-ended Equity fund that invests in stocks listed on the EGX

It is open for daily subscription and weekly redemption, established by CFH asset management with the approval of the Financial Regulatory Authority (FRA).

You can read more about the fund’s investment guidelines and limits in the fund prospectus here.

What does CC Momentum Fund (CCM) invest in?

The fund mainly invests in a mix of EGX listed stocks, mutual fund certificates, and other investment instruments including:

• Equities: Up to 95% of the fund
• Fixed income instruments: Up to 40% of the fund
• Other funds: Up to 20% of the fund
• Cash: Minimum 5% and maximum 30% of the fund
• The fund cannot engage in margin trading or short selling.

For a full list of investment limits and restrictions, please refer to the fund prospectus here

How do I place my order?

• Open the Thndr app and tap on “Explore.”
• Search for “Cairo Capital Momentum” or locate “CCM” under the Equity funds theme.
• Tap on Cairo Capital Momentum
• Tap on “Buy” and specify the amount you wish to invest (Minimum 2 certificates)

Buying & Selling

Buy Orders

• Buy orders are submitted daily with a cut-off time of 12 PM.
• Orders submitted before 12 PM: Will be sent on the same day and executed on the next business day at the new certificate price.
• Orders submitted after 12 PM: Will be sent on the next working day and executed on the following business day at the new certificate price.

Sell Orders

• Sell orders are sent on the last working day of the week at 12 PM
• Sell orders submitted after 12 PM: Will be sent on the last working day of the following week and executed at the new certificate price.

Fees

Standard Transaction fees apply on every buy and sell order

Fund management fees are calculated in the certificate price & not charged when buying or selling certificates. You can view the full list of fund management fees here.

Who Manages CC Momentum Fund (CCM) ?

CC Momentum Fund (CCM) is managed by Cairo Capital (CFH Asset Management) one of Egypt’s leading investment banking groups with around 30 years of experience and over EGP 5 billion in assets under management.

Cairo Capital follows an investment approach that combines fundamental, technical, and quantitative analysis, guided by an investment committee with over 150 years of collective experience.

What are the risks?

Cairo Capital Momentum (CCM) is an equities-focused fund. As with any equity fund, risks are tied to stock price volatility, which can fluctuate due to market conditions, economic factors, or companies performance. Additionally, there are risks related to interest rates and credit. 

Some risks associated with equity funds: 

• Market risk: Prices of listed securities may fluctuate due to changes in economic or political conditions.
• Liquidity risk: Difficulty selling or exiting investments quickly, especially in times of market stress.

The fund manager aims to reduce these risks through diversification and active portfolio monitoring.

For a detailed overview of risk factors please visit the fund prospectus here.