How can we help you ?

PRESS ENTER TO START THE SEARCH

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.
Access all questions

Crédit Agricole Egypt Foundation, Schneider Electric, Gebal For Agriculture, Sustainability, And Livelihoods Signed A Memorandum Of Understanding To Launch Sustainable Development Projects

Cairo, Egypt, 4th of June 2023:Crédit Agricole Egypt Foundation and Schneider Electric joined forces with Gebal for Agriculture, Sustainability, and Livelihoods to launch sustainable development projects in Menoufia Governorate’s villages, Shubra Qubala and Mit El Qasri. These projects are addressing the water, food, and energy Nexus in these villages by installing greenhouses, fishponds, chicken incubators, irrigation pumps, and a compost unit for recycling agricultural waste all powered by solar energy.

Under the agreement, the three parties agreed to plan, design and execute sustainable community development projects in Shubra Qubala and Mit El Qasri villages in line with Egypt’s vision to preserve the environment, develop society, and empower women. These projects include greenhouses, fishponds, chicken incubators, and a compost unit for recycling agricultural waste, all powered by solar energy in Mit El Qasri village. Additionally, a women-operated greenhouse will be established, ensuring gender parity in these projects.

Commenting on the MoU, Sebastien Riez, Cluster President of Schneider Electric Northeast Africa & Levant, said: “Sustainability comes at the core of Schneider Electric’s culture and purpose. The cooperation with Crédit Agricole Egypt Foundation for Development to launch development projects in Menoufia Governorate will enable comprehensive support and effectively develop local communities. These projects shall also help combat climate change and use clean energy sources to make a positive impact and take sustainable measures to improve individuals’ standard of living, boost energy efficiency, reduce carbon emissions, and achieve sustainable development. We look forward to more successful partnerships in this field, on both government and private sector levels to support the country’s efforts within the framework of Egypt’s Vision 2030 and to contribute to creating a positive impact on local communities.”

Jean-Pierre Trinelle, Chairman of Crédit Agricole Egypt Foundation for Development and Managing Director, Crédit Agricole Egypt said: “We’re thrilled to collaborate with Schneider Electric and Gebal for Agriculture, Sustainability, and Livelihoods in an alliance that allows us to truly embody our ambition to empower unprivileged areas and contribute to combating climate change. This partnership is a testament to our commitment to leverage the expertise and resources of the two organizations to create sustainable solutions to benefit the largest number of beneficiaries.”

Trinelle added that by focusing on sustainability and leveraging this partnership with Schneider, the bank is actively pursuing its pledge to social and environmental progress while driving positive change within the communities it serves.

Mr. Jean-Pierre Trinelle and Mr. Sebastien Riez cordially invite the private sector and NGOs to join and contribute to the upcoming Community development projects, with the aim of scaling it up to encompass numerous underprivileged areas.