Themar is NSGB’s Daily Cumulative Money Market Fund, which offers you an investment vehicle that provides you with competitive yield by calculating a daily cumulative return. Themar Fund aims in particular at introducing a Cash Management Tool that provides you with daily liquidity through daily subscription and redemption of its certificates in addition to a daily cumulative return on the investments
Benefits:
- The investment manager is EFG Hermes who has an excellent track record and managing the top performer Money Market funds in Egypt.
- Safety as the fund invests only in fully secured vehicles (treasury bills and bank time deposits).
- Daily Liquidity through daily subscription and redemption .
- No subscription or redemption fees.
- Accessibility with very simple process through a wide network of branches.
- Competitive yield with accumulated return.
General Conditions:
- Customer must be an accountholder at NSGB (Current or Checking Account).
- The minimum subscription is 100 investment certificates for the first subscription without a maximum.