Table of Contents
What is Banque du Caire First Fund (BFF)?
Banque du Caire First Fund (BFF) is an open-ended equity fund that invests in Egyptian stocks listed on the EGX.
It is open for daily subscription and weekly redemption
What does Banque du Caire First Fund (BFF) invest in?
The fund invests mainly in EGX-listed Stocks.
- 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
For the full list of limits and restrictions, please refer to the fund prospectus.
How do I place my order?
- Open the Thndr app and tap on “Explore.”
- Search for “Banque Du Caire” or locate “BFF” under the Equity funds theme.
- Tap on Banque du Caire First Fund
- Tap on “Buy” and specify the amount you wish to invest (Minimum 2 certificates)
Buying & Selling
Cut-off time: 12:00 PM
Buying (Subscription)
Buy orders are submitted daily at 12:00 PM.
Orders placed before 12:00 PM:
Sent the same day and executed on the next working day at the new certificate price.
Orders placed after 12:00 PM:
Sent on the next working day and executed on the following working day at the new certificate price.
Selling
Sell orders are submitted once per week on the last working day of the week at 12:00 PM.
Orders placed before 12:00 PM on the last working day of the week:
Are sent on the same day and executed on the next working day at the new certificate price.
Orders placed after 12:00 PM on the last working day of the week:
Are sent on the last working day of the following week and executed on the next working 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 Banque du Caire First Fund (BFF) ?
Banque du Caire First Fund is managed by EFG Hermes Asset Management an asset manage since 1994, with assets under management (AUM) reached EGP 38.7 billion in 2024.
What are the risks?
Banque du Caire First Fund (BFF) 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 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.
