Table of Contents
Disclaimer: Activities in the Egypt market are conducted through Thndr Securities Brokerage, which is a member firm of the Egyptian Stock Exchange and is authorized and regulated by the Financial Regulatory Authority . Registered in Egypt (no. 804)
What is Diamond (ADM)?
Diamond (ADM) is a low-risk fixed income fund. It generates returns by investing in fixed-income instruments, such as treasury bills and bonds.
The fund offers the flexibility of daily subscription (buying) and redemption (selling)
What does Diamond (ADM) invest in?
The fund invests in a diversified portfolio of fixed-income securities, which include:
- Treasury Bills (Up to 90% of the fund’s portfolio)
- Treasury Bonds (Up to 70% of the fund’s portfolio)
- Deposits with high-rated financial institutions (Up to 50% of the fund’s portfolio)
- Other fixed-income instruments
You can find detailed information on the investment limits in the fund prospectus here.
How has Diamond (ADM) been performing?
As of 26 September 2024, Diamond (ADM) has provided investors with 22.91% in the previous 12 months.
The past returns of any investment are not a guarantee for future performance.
What is the difference between investing in Diamond (ADM) and Certificates of Deposit (CDs)?
Who manages Diamond (ADM)?
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.
How do I collect my Diamond (ADM) earnings?
The live certificate price of ADM reflects the profit or return achieved by the fund’s investments. To collect your earnings, simply sell your ADM certificates through the Thndr app.
Is Diamond (ADM) Shari’a compliant?
Diamond (ADM) is not marketed as Shari’a compliant.
Buying & Selling
- Orders placed before 11:00 AM are executed on the same day.
- Orders placed after 11:00 AM are executed on the next working day, based on the certificate price on that day.
Steps to place your order:
- Open the Thndr app.
- Search for Diamond (ADM) or find it under the mutual funds section.
- Tap on “Diamond (ADM).”
- Tap on “Buy.”
- Enter the amount of certificates or money you want to invest. There is a minimum of 2 certificates per order.
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.
What are the risk factors of investing in funds?
Risk factors associated with this fund include:
- Interest rate risk
- Credit risk
- Liquidity risk
The fund manager minimizes these risks through diversification For more details on the risk management framework, please review the fund prospectus here.
