Table of Contents
What is the Thndr T70 Equity Fund?
The Thndr T70 Equity Fund is an investment fund that puts your money into a group of Egyptian companies listed on the Egyptian Exchange.
The fund focuses mainly on companies that are part of the EGX70 EWI Index, which includes many medium-sized and smaller companies that are actively traded in the Egyptian market.
By investing in the fund, you gain exposure to many companies at once, helping spread risk instead of relying on the performance of a single company.
What is the EGX70 EWI Index?
The EGX70 EWI Index measures how 70 actively traded companies on the Egyptian Exchange are performing. It does not include the largest companies that are part of the EGX30 index.
Each company in the index has roughly the same influence, so the performance is not driven by only a few large companies.
Because of this, the index reflects how a broader range of companies and sectors in Egypt are performing.
What are the investment guidelines for Thndr T70?
The fund mainly invests in stocks included in the EGX70 index.
- At least 90% of the fund’s assets are invested in companies included in the EGX70 index
- Maximum 10% of the fund’s assets can be invested in companies not listed in the EGX70 index
- Up to 10% of the fund’s assets may be held in cash or short-term financial instruments for liquidity purposes
- Investment in a single company may not exceed 15% of the fund’s total assets
- The fund may not own more than 20% of the shares of any single company
For full investment limits, please refer to the fund prospectus.
How can I invest in the fund?
You can invest in the fund directly through the Thndr app:
- Open the Thndr app
- Go to Explore
- Search for Thndr T70 Equity Fund
- Select the fund
- Tap Buy and enter the amount you would like to invest
Buying and selling
Orders are processed daily at 12 PM.
If you submit your order before 12 PM: Your order will be sent on the same day and executed on the next working day using that day’s price.
If you submit your order after 12 PM: Your order will be sent on the next working day and executed on the following working day using that day’s price.
Fees
Management fees are reflected in the certificate price and are not charged directly during buying or selling.
Standard transaction fees apply.
For full fee details, please refer to the fund prospectus.
Who manages the fund?
The fund is managed by Thndr Asset Management, a licensed asset manager under the Financial Regulatory Authority (FRA) in Egypt.
Thndr Asset Management is authorized to:
- Manage securities portfolios
- Establish and manage investment funds
What are the risks?
The Thndr EGX70 Equity Fund is an equity fund, which means it carries higher risk and higher return potential compared to other types of funds.
Key risks include:
- Market risk: Stock prices may fluctuate due to economic or market conditions.
- Liquidity risk: Some stocks may be harder to buy or sell depending on market liquidity.
- Index changes: Companies included in the EGX70 index may change over time, which may require the fund to rebalance its portfolio.
- Economic and regulatory risks: Changes in economic conditions or regulations may affect market performance.
For a full description of risks, please refer to the prospectus.
