Table of Contents
What is Gosoor Fund (AGO)?
Gosoor Fund (AGO) is an open-ended open-ended equity fund that invests in stocks.
It is open for daily subscription and redemption.
What does Gosoor invest in?
Gosoor invests according to its approved investment guidelines and may allocate across:
- Equities: Up to 95% of the fund
- Fixed income instruments: Up to 70% of the fund
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 “Gosoor” or locate “AGO” under the Equity funds theme.
- Tap on the Gosoor (AGO)
- Tap on “Buy” and specify the amount you wish to invest (minimum 2 certificates)
Buying & Selling
Orders are sent daily at 10:30 AM
If you place your order before 10:30 AM:
Your order is sent the same day and executed at the next new certificate price.
If you place your order after 10:30 AM:
Your order is sent the next business day and executed the following 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 Gosoor (AGO)?
The fund is managed by Arab African Investment Management (AAIM), a Leading Asset Manager in Egypt with 35 Billion EGP in assets under management as of September 2024.
What are the risks?
Gosoor 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.
