Egypt

Egypt mutual funds and ETFs invest in a wide range of asset... Egypt mutual funds and ETFs invest in a wide range of asset classes in Egypt. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are the most common asset class. These funds cover a wide range of stocks across all sectors of the market as well as market caps and share classes. They can be indexed or actively managed. The Egyptian economy, the world’s 33rd largest by nominal Gross Domestic Product as of 2022, is characterized by increasing privatization, a heavy reliance on household consumption, and low unemployment. Investment as a share of the economy was 15.6% as of 2021, close to the long-run average but well below the high of 27.8% set in 2008. Crude oil, cotton, and textiles are key exports. As a frontier market economy, Egypt focussed mutual funds and ETFs are often purchased by very aggressive investors. Last Updated: 11/22/2024 View more View less

Egypt mutual funds and ETFs invest in a wide range of asset classes in Egypt. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are... Egypt mutual funds and ETFs invest in a wide range of asset classes in Egypt. Depending on their mandate, these funds may invest in equities, fixed income, commodities, and alternatives. However, equities are the most common asset class. These funds cover a wide range of stocks across all sectors of the market as well as market caps and share classes. They can be indexed or actively managed. The Egyptian economy, the world’s 33rd largest by nominal Gross Domestic Product as of 2022, is characterized by increasing privatization, a heavy reliance on household consumption, and low unemployment. Investment as a share of the economy was 15.6% as of 2021, close to the long-run average but well below the high of 27.8% set in 2008. Crude oil, cotton, and textiles are key exports. As a frontier market economy, Egypt focussed mutual funds and ETFs are often purchased by very aggressive investors. Last Updated: 11/22/2024 View more View less