Table of Contents
What is Al Ahly Tamayoz Dividends fund (ATD)?
Al Ahly Tamayoz is a low-risk money market fund designed to preserve capital while generating steady income and maintaining high liquidity.
The fund offers daily subscription and redemption and distributes monthly cash dividends to investors.
What does Al Ahly Tamayoz Dividends fund (ATD) invest in?
The fund invests in a diversified portfolio of short-term, low-risk instruments, including:
- Treasury bills (Up to 100%)
- Bank deposits and cash accounts (up to 80%)
- Other money market instruments
Detailed investment limits are available in the fund prospectus.
Why should I invest in Al Ahly Tamayoz Dividends fund (ATD)?
Tamayoz is suitable for investors looking for:
- Low volatility exposure
- Daily liquidity
- Monthly dividends
The fund focuses on short-duration instruments to reduce price fluctuations while delivering stable returns that are distributed in cash, not reinvested.
Who manages Al Ahly Tamayoz Dividends fund (ATD)?
The fund is managed by Al Ahly Financial Investment Management, one of Egypt’s leading asset managers, with EGP 64.4 billion in assets under management as of August 2024.
How do I receive returns from Al Ahly Tamayoz Dividends fund (ATD)?
Tamayoz is a dividend-distributing fund:
- Returns are paid out monthly in cash
- Dividends are credited directly to your Thndr wallet
- You do not need to sell certificates to collect returns
Is Al Ahly Tamayoz Dividends fund (ATD) Sharia compliant?
The fund is not marketed as Shari’a compliant.
Buying & Selling
Orders placed before 11 AM are executed on the same business day.
Orders placed after 11 AM are executed on the next business day, according to the fund prospectus.
How to place an order:
- Open the Thndr app
- Search for Al Ahly Tamayoz or find it under fixed income funds
- Tap on the fund
- Tap Buy
- Enter the investment amount (minimum 11 certificates)
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.
What are the risks?
As with all money market funds, risks include:
- Interest rate risk
- Credit risk
- Liquidity risk
These are mitigated through diversification and short-term investment strategies.
For full details, please refer to the fund prospectus.