Table of Contents
What is B-Alpha Fund?
B-Alpha is an open-ended equity fund that invests in Egyptian stocks listed on the EGX.
It is open for daily subscription and redemption, established by Beltone asset management with the approval of the Financial Regulatory Authority (FRA).
What does B-Alpha invest in?
B-Alpha actively invests in Egyptian stocks. The fund aims to provide returns and capital appreciation by building an actively managed portfolio of EGX-listed stocks following the below investment guidelines:
- Stocks: Minimum 30% of the fund’s assets
- Maximum per stock: 15%
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 “B-Alpha” or locate “BAL” under the Equity funds theme.
- Tap on B-Alpha
- Tap on “Buy” and specify the amount you wish to invest (Minimum 11 certificates)
Buying & Selling
Orders are submitted daily with a cut-off time of 11 AM.
If you place your order before 11 AM:
Your order is sent the same day and executed the next day at the updated certificate price.
If you place your order after 11 AM:
Your order is sent the next business day and executed the following business day 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 directly when buying or selling. You can view the full list of fund management fees here.
Who Manages Beltone B-Alpha?
B-Alpha 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 of EGP 27.3 billion as of June 2025
What are the risks?
Beltone Alpha (BAL) is an equities focused fund, This makes it a high risk/high return fund.
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 stock market is also subject to economic and political risks. 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.
