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CAE Mutual Fund Number 2

An Ideal Way to Invest

CAE Mutual Fund Number 2

An Ideal Way to Invest

This is an ideal way to invest in the Egyptian stock market to achieve your medium-to-long term investment objectives with more reliance on capital appreciation.

Crédit Agricole Egypt Mutual Fund Number 2 – Performance Snapshot

As of closing: 30 April 2025
Net Asset Value (NAV) – IC Price: EGP 526.87
2023 – Performance 64.8%
Year to Date Return (%): 10.27%
Since Inception Return (%): 1,197.11%
Dividend Distribution Since Inception (EGP): 108.80
Inception Date: April 1997
PAR Value / Issuance Price: EGP 100
* Updated every Sunday and wednesday (during working days)
NOTE: Rates are updated periodically for indicative purposes only and not obligatory on the bank.
For the latest rates, please contact Crédit Agricole Egypt customer service or visit your nearest branch.

Fund Objective

The overall objectives of Crédit Agricole Egypt’s Mutual Fund Number 2 are:

  • Capital appreciation
  • Income

Benefits & Features

  • Growth and income equity fund
  • Potential for higher returns compared to other investment products
  • Low minimum investment
  • Minimized risk through a diversified portfolio invested in the stocks and bonds of the best performing companies in the best performing sectors of the Egyptian economy
  • Investment strategy can be considered more aggressive than Crédit Agricole Egypt’s Mutual Fund Number 1. This is because Crédit Agricole Egypt’s Mutual Fund Number 2 can maintain a higher percentage of stocks and foreign securities than mutual fund number 1
  • Excellent liquidity for investors through weekly redemption of investment certificates (ICs)
  • Issuance fees of 0.5% and 0.75% redemption fee
  • Minimum subscription is 5 ICs
  • Minimum balance of IC’s to be kept at any point of time is 5 ICs
  • An account with Crédit Agricole Egypt is required for Mutual Fund purpose [Cannot be used for other bank services]
  • Professional management by Hermes Fund Management Group

Investment Policy

The fund manager can invest in:

  • Stocks up to a maximum of 90% of the fund’s assets
  • Corporate bonds up to a maximum of 60%
  • Short-term near-cash instruments with a 10% minimum is mandatory

Check the latest Crédit Agricole Egypt Mutual Fund Number 2 performance snapshot

Fund Manager

Hermes Fund Management Group (HFM) is a fully owned subsidiary of EFG-Hermes Group. The group was formed in 1996 after the merger between Egyptian Financial Group and Hermes. EFG-Hermes SAE was floated on the Egyptian Stock Exchange and the London Stock Exchange in 1998. The Asset Management unit manages 26 local and offshore funds, with total assets of approximately USD 4.3 billion, as of September 30th, 2009.

Fees

Subscription Fee

A subscription fee of 0.5% of the market value of the ICs bought is charged. Clients may submit their orders on any day, However, the execution of client orders takes place once a week on Sunday.

Redemption Fee

A redemption fee of 0.75%% of the value of the ICs redeemed is charged. Again, clients may submit their sell orders on any day. However, the execution of client orders takes place once a week on Sunday.

For the Mutual Fund 2 Prospectus click here


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    • Employed
    • Self Employed
    • Professional


    —Please choose an option—
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    • Below 1,000 EGP
    • 1,000 EGP to 3,000 EGP
    • 3,000 EGP to 5,000 EGP
    • Above 5,000 EGP


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    • Yes
    • No


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    • Garden City
    • Sharm El Sheikh
    • Sefarat
    • Saint Fatima
    • Sadat City
    • Rehab
    • Ramsis Hilton
    • Qena
    • Pyramids
    • Head Office
    • Damietta Port
    • Sheikh Zayed
    • Gezirah
    • Shams
    • Port Said
    • Obour
    • New Haram
    • Nabq Bay
    • Mokattam
    • Miami
    • Menya
    • Talaat Harab
    • Mivida Branch
    • Hale Town Palm Hills
    • Tanta New Branch
    • Nabq Bay Branch - Park Inn Hotel
    • Hassan Maamoun branch
    • El Rehab 2 - Eastern Market
    • City Stars Branch
    • Palm Strip Branch
    • Sharkia Branch
    • Shubra Branch ATM
    • Mansoura
    • Syria
    • Sultan Hussein
    • Suez
    • Stadium
    • Alexandria Sporting Club
    • Sohag
    • Smouha
    • Shooting Club Dokki
    • Sheraton
    • Shebein EL-Kom branch
    • Baghdad
    • Zamalek
    • Tharwat
    • Tenth of Ramadan
    • Sixth of October Industrial Zone
    • Sarayat
    • Salah Salem
    • EL Messaha
    • El Sheikh zayed - El Morshedy Mall
    • Alex Bay
    • Banha
    • Mohandeseen
    • Merghany
    • Hurghada
    • Heliopolis
    • Aswan El Mahatta
    • Aswan
    • Assiut
    • Dandy Mall
    • Nasr City
    • Katameya
    • Makram Ebeid
    • Madinaty
    • Maadi El Nasr
    • Damietta Kornish
    • Mansoura Torail
    • EL-Teseen
    • Chillout
    • Maadi
    • Luxor
    • Loran
    • 5th Settlement (El-Tagamoa El-Khames)
    • Ismailia
    • Hadayek El Qoba
    • Gouna
    • Giza
    • Fleming
    • Faisal
    • Dokki
    • Borg El-Aarab
    • Beni Suef


    An asterisk (*) means required information.