CI Capital Asset Management announces the subscription closure for Egypt’s first sectoral equity investment fund: the “CI-ctor” Multi-Issue Investment Sector Fund

Cairo, January 28^th, 2025:

CI Capital (CICH.CA), the leading diversified financial services group, announced the subscription closure for the “CI-ctor” Multi-Issue Investment Sector Fund issued by CI Asset Management yesterday following a strong response from investors. The fund aims to invest in the shares of companies listed on the Egyptian Stock Exchange, each issuance focused on a specific sector. CI Capital Asset Management launched this fund as the first of its kind in the Egyptian market, targeting investors who are interested in investing and diversifying their investments across various stocks within each sector. “CI-Ctor” fund subscription and redemption will be available daily starting from the first week of February 2025.

The fund includes five sector-specific issuances as follows:

• CI Real Estate Value Chain (which includes shares of companies operating in the real estate sector and related industries such as construction, building materials, cables, contracting, and others).
• CI Telecom & IT (which includes companies operating in information technology, fintech, and telecommunications).
• CI Exporters (which includes shares of companies generating a significant portion of their revenue from goods or services exports and/or foreign currency).
• CI Consumer and Basic need (which includes shares of companies operating in the consumer products sector and essential goods such as food, pharmaceuticals, healthcare, and others).
• CI Financial and Fintech (which includes financial institutions, including banks, investment banks, and companies in financing and digital payments).

 
The launch of the new fund is a part of CI Capital’s strategy to introduce new investment products that address the investors’ needs, both institutional and individual, locally, and globally.

“The new sectoral fund has experienced robust demand from both institutional and individual clients, reflecting the trust and confidence our clients place in our firm. This fund expands the spectrum of investment opportunities available to our clients and aligns with our company’s strategic objective of diversifying its investment product offerings. Furthermore, this initiative underscores our commitment to maintaining our leadership in assets under management, and the diversity of products available to our valued clients,” Stated Dr. Amr Abol Enein, CEO & Managing Director of CI Capital Asset Management.

“CI Capital Asset Management strives to attract new clients to the Egyptian Stock Market, building on the remarkable success of the ‘Misr Equity’ and ‘Misr Shariah Equity’ funds. The company has been a pioneer in introducing investment products that track indices, most recently launching the ‘CI-ctor’ multi-issue fund—the first of its kind in the Egyptian market. We are also in the process of developing new investment products, which will be announced in the near future,” Added Abol Enein.

CI Capital Asset Management stands as the largest asset manager in the Egyptian market, leading in the number of funds, portfolios managed, and total assets. The company is also ranked among the top 30 asset managers in the Middle East. With total assets under management exceeding EGP 71bn —the highest in the Egyptian market—CI Capital Asset Management has solidified its leadership position. Furthermore, the company has been recognized as the Best Asset Manager in Egypt, the Middle East, and Africa by numerous prestigious international financial institutions specializing in fund and portfolio management.