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Frequently Asked Questions

  • 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.

  • All mutual funds announce the Investment Certificate price on a weekly basis, allowing investors to track their performance. Additionally, the fund manager publishes quarterly fact sheets that provide insights into the fund’s performance.

  • You can subscribe by signing a subscription form at any of the bank’s branches across Egypt. Subscription frequency varies depending on the fund type. Some funds offer daily subscriptions, while others provide weekly subscriptions. However, in all cases orders must be submitted before 12:00 pm on any applicable day.

  • 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 Click Here

    • Redemption orders can be signed at any of the bank’s branches across Egypt. Redemption frequency varies depending on the fund. Some funds offer daily redemption, while others provide weekly redemption. However, in all cases, orders must be submitted before 12:00 pm on any applicable day

Crédit Agricole Egypt Foundation For Development And Misr El Kheir Foundation Partner To Launch “torath” Initiative

Cairo – 12 October, 2022: Crédit Agricole Egypt Foundation for Development has inked a cooperation protocol with Egypt’s renowned NGO, Misr El Kheir Foundation’s affiliated business incubator “Misr El Khair Gesr” to launch “Torath,” initiative, that aims at bridging the gap between craftsmanship and entrepreneurship.

The protocol was signed by Jean-Pierre Trinelle, Managing Director of Crédit Agricole Egypt & Vice Chairman of Crédit Agricole Foundation for Development, and Mohamed Abdelrahman, Managing Director of Misr El Kheir, in the attendance of Dr. Ali Gomaa, Chairman of Misr El Kheir’s Board of Trustees, Lamis Negm, Advisor to the Governor of the Central Bank of Egypt for Sustainable Development and Yousry El Fakharany, the prominent journalist.

Crédit Agricole Foundation is launching Torath Initiative with the main objective of empowering younger generations to use their fine skills and the heritage of their art to create small business enterprises. Crédit Agricole Foundation selection of Misr Al Kheir was the ultimate choice, for their expertise, competency, integrity and more importantly their deeply rooted presence across all Egypt’s governorates which will ensure achieving the best possible results.

“At Credit Agricole Egypt, our Corporate Social Responsibility strategy is to be an actor of a sustainable society and to address some societal and environmental challenges aiming at strengthening cohesion. Through our foundation, our vision has been to create an impact on the society through a scalable and sustainable platform that is capable of changing peoples’ lives.” Jean-Pierre Trinelle, Managing Director of Crédit Agricole Egypt & Vice Chairman of Crédit Agricole Foundation for Development explained.

“with the launch of Torath, our goal is to have approximately 50 local craftsmen and artisans to become entrepreneurs and be able to generate income that improves the quality of their lives and have a positive impact on their community” Trinelle added.

“The collaboration pact with Crédit Agricole Egypt’s Foundation for Development provides for the support, development, and revitalization of Egypt’s craft complexes, which number more than 90, with the first phase focusing on the development of three craft clusters,” Mohamed Abbas, Innovation and Entrepreneurship Consultant at Misr El Kheir Foundation said. “Through the cooperation protocol, Misr El Kheir will help craftspeople through training and expert advice to create market-demanding innovative and sophisticated products. Therefore, we can accomplish the necessary development and expansion.”

It is worth noting that Crédit Agricole foundation and Misr Al Kheir have previous track record and together have developed community schools and built water connections in many villages in Upper Egypt.

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