Target First Fixed Income Fund (EGP)
Your gateway to stable, low-risk returns in Egyptian pounds.
Last price EGP 12.02407 · 2 Nov 2026Licensed by the FRA, the fund offers daily subscriptions and redemptions, investing in low-risk instruments such as treasury bills, bonds and deposits — designed for capital preservation and consistent income. Ideal for individuals and institutions seeking steady, predictable growth.
Fund facts
| FRA license | No. 952/2025 |
|---|---|
| Issuance | First issuance (EGP) |
| Legal form | Law 95 of 1992 |
| Fund term | 25 years |
| Currency | Egyptian Pound (EGP) |
| Fund size | EGP 200,000,000 |
| Minimum subscription | 10 certificates |
| Subscription | Daily " Sunday to Thursday " |
| Redemption | Daily " Sunday to Thursday " |
| Order cut-off | before 12:00 PM |
| Fund manager | Target Asset Management |
| Custodian | Banque du Caire |
| Fund administrator | Fundata |
| Founder | Target Holding for Financial Investments |
TFF EGP Returns
Actual returns use available NAV prices within the selected range. Longer periods without sufficient history are estimated linearly, without compounding. Cash distributions within the period are included without reinvestment.
Investment Return Calculator
Illustrative calculations based on historical NAV changes, not guaranteed future returns. Actual results depend on investment dates, fees, taxes and market conditions.
Distributions
| Date | Amount | Details |
|---|---|---|
| 31 Oct 2026 | EGP 1.254 | Second regular cash distribution to unit holders |
| 30 Sep 2026 | EGP 1.159 million | First regular cash distribution to unit holders |
Investment Manager
Noureldin Mohamed
Founder & ChairmanSubscribe through
Subscription and redemption requests are accepted through our receiving bank and partner platforms.
Fund news
Target First Fund distributes EGP 1.159 million to unit holders
Target First Fund – First Issuance in Egyptian Pounds announced its first regular cash distribution to investment unit holders.
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Target First Fixed Income Fund announces Banque du Caire as receiving bank
Banque du Caire has joined as an official receiving bank for subscription and redemption requests.
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Premiere Securities joins as official receiving agent
Investors can now submit subscription and redemption requests for the Target First Fixed Income Fund through Premiere Securities.
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