Cairo - Mubasher: EFG Hermes, an EFG Holding company, has launched five mutual funds on the EFG Hermes ONE app, providing users with full access to products managed by its asset management team for the first time.
The launch aims to broaden investment choices and simplify the investing journey through a single platform, offering expert-led funds across multiple risk profiles.
By consolidating access and decision-making, the app seeks to reduce complexity, enhance convenience, and improve accessibility for a wider range of investors.
The five funds are designed to support various investment goals, including day-to-day liquidity, income generation, portfolio diversification, hedging strategies, and long-term growth.
The Money Market Fund (EFG Hermes MM) offers a low-risk entry point, with limited volatility, daily liquidity, and competitive short-term yields.
Meanwhile, the USD-denominated Fixed Income Fund (EFG Hermes FI USD) is developed for investors seeking foreign-currency exposure and offers a stable hard-currency return with higher liquidity than traditional banking products.
The Gold Fund (EFG Hermes GLD) leverages gold’s role as a traditional safe-haven by providing investors with a convenient, liquid way to hedge against economic uncertainty and market volatility.
On the other hand, the Equity Fund (EFG Hermes EQ) targets long-term capital growth through an actively managed, diversified portfolio on the Egyptian Stock Exchange (EGX). It is ideal for investors seeking professional, risk-adjusted equity exposure.
The EFG Hermes Islamic Equity Fund (EFG Hermes EQ-Shariah) offers diversified exposure to Shariah-compliant Egyptian equities. It targets long-term growth through active selection of fundamentally strong companies from the EGX 33 Shariah Index.
Karim Zaafan, Managing Director at EFG Hermes Asset Management, said: “By making these funds available through EFG Hermes ONE, our trusted, award-winning digital investment platform, we’re giving more people a straightforward way to access institutional-quality investment solutions.”
“Our goal is to empower investors with options that cater to a broad spectrum of risk appetites without requiring a large starting amount, so anyone can begin with an amount that fits their means,” Zaafan added.
From his side, Ahmed Waly, the Global Head of Brokerage at EFG Hermes, stated: “By extending institutional-grade products to retail investors through EFG Hermes ONE, we are reinforcing a simple promise: the same standards of quality, governance, and execution our institutional clients expect are now available to everyone, without compromise.”
Waly continued: “At the same time, we continue to evolve and develop the platform to meet clients’ needs where they are today, combining digital onboarding with faster, more efficient account activation so investors can move from interest to action in a matter of steps and start their investment journey with greater ease and confidence.”
In January, EFG Hermes successfully served as the financial advisor and bookrunner to Depa PLC on its pro rata renounceable rights issue on Nasdaq Dubai.
