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Frequently Asked Questions

can vary depending on the type of mutual fund you invest in, your investment goals, and the market conditions. Here are some key risks associated with mutual funds:
  • Market Risk
  • Credit Risk
  • Interest Rate Risk
  • Liquidity Risk
  • Concentration Risk
  • Reinvestment Risk
It's important to understand the specific risks associated with the type of mutual fund you are considering and to align your investment choices with your risk tolerance, investment objectives, and time horizon.  

Returns represent the total net profits or losses (in some types of mutual funds) achieved against the invested amount during a specific period. To view the returns for the mutual funds offered by the bank

Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of capital market instruments, including equities listed on the stock exchange, treasury bills, treasury bonds, or other securities. Each investor in a mutual fund owns shares of the fund, representing a portion of the overall holdings. These shares are referred to as Investment Certificates, symbolizing the investor’s ownership in the mutual funds. The primary objective of mutual funds is to provide investors with access to a diversified portfolio managed by professional fund managers, reducing risk compared to investing in individual securities. Investors benefit from the collective buying power, professional management, and diversification of the fund, which can be difficult to achieve on their own.

Mutual funds come in various types, each designed to meet different investment objectives and risk profiles. The main types of mutual funds include:
  • Equity Funds (Stock Market)
  • Fixed Income Funds (Medium/Long term Debt Funds)
  • Money Market Funds (Short term Debt Funds)
  • Balanced Funds (Hybrid Funds)
  • Precious Metals Funds (Gold/Silver Funds)
 

EFG Hermes Asset Management is the fund manager for Credit Agricole I, Credit Agricole II equity funds and Credit Agricole III money market fund. With over 25 years of experience in the Egyptian market, the fund manager makes investment decisions on behalf of the investors based on through research and close monitoring of market conditions. EFG Hermes Asset Management is responsible for the performance of the funds under its management, as they handle the investment part of the fund.
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CAE Launches a New Campaign with a Multitude of Substantial Benefits

Cairo, Egypt, December 2023: Crédit Agricole Egypt (CAE) recently launched a new campaign that allows customers to access substantial benefits. By either opening a bank account or obtaining a Visa credit card,

 

new customers will not only have the opportunity to enjoy a 50% cashback offer, but also stand a chance to win the iPhone 13 Pro Max. This promotion will run until January 31st, 2024 – ensuring new customers have abundant time to enjoy the exceptional rewards.

Customers who use the new credit or debit card will be eligible for a guaranteed monthly cashback for a period of five months. This cashback will amount to 50% of their monthly purchases, provided that they meet the necessary spending criteria. On top of the cash backs, the two top spenders of the new credit cardholders and debit cardholders will win an iPhone 13 Pro Max.

The new campaign aims at contributing to the bank’s strategy to be the most committed bank to meeting customer satisfaction. Therefore, the bank provides offers and benefits, and distinguished banking products and services to all its customers. In addition, CAE, through this campaign, aims to expand its customers’ base and portfolio, thus strengthening its presence in Egypt.

Jean-Pierre Trinelle, Managing Director at Crédit Agricole Egypt, underlined: “At CAE, the focus extends beyond mere transactions; the aim is to build enduring relationships by delivering tailored campaigns and products that cater to the specific needs and interests of customers. The approach goes beyond a transactional mindset, as CAE strives to be a reliable partner throughout customers’ journeys, providing exceptional services and acting as an advisory resource to enhance their overall banking experience.”

In addition to the network of branches, the campaign allows new customers to open accounts through the CAE website or in our branches, dedicated to sports clubs and universities, in Cairo and Alexandria, and thus enjoy a 15% interest rate, during the campaign.

Nevine Shokry, Head of Proximity Banking Distribution at Crédit Agricole Egypt, stated “By leveraging innovative technology and aligning with customers’ evolving preferences, CAE ensures that the banking experience remains seamless, efficient and convenient. This customer-centric approach not only strengthens the bond between CAE and its customers but also supports the Central Bank of Egypt endeavors for financial inclusion.”

Crédit Agricole Egypt, through all its initiatives, strives to offer excellence in customer relationship, and is keen on achieving better engagement with diverse segments of the society, thus, ascertaining the bank’s leadership in a dynamic and ever-changing market.