Target Second Fixed Income Fund (USD)
Invest in U.S. dollars. Invest with confidence.
Last price USD 101.42260 · 2 Nov 2026 Funds license 952 Weekly redemption (Wednesday)Second issuance · USD
The second, USD-denominated issuance of Target First Fixed Income Multi-Issuance Fund. It invests in high-quality Egyptian sovereign and corporate USD fixed income securities, aiming for capital preservation, daily accumulated returns and periodic distributions in U.S. dollars — for investors seeking USD exposure, stable income and low risk over a medium-to-long-term horizon.
Fund facts
| FRA license | No. 952 |
|---|---|
| Issuance | Second issuance (USD) |
| Legal form | Law 95 of 1992 |
| Fund term | 25 years (renewable) |
| Currency | US Dollar (USD) |
| Fund size | USD 3,000,000 |
| Certificate value | USD 100 |
| Minimum subscription | 100 certificates or 10,000 USD |
| Subscription | Daily " Sunday to Thursday " |
| Redemption | every Wednesday; minimum 30 certificates |
| Order cut-off | before 12:00 PM |
| Fund manager | Target Asset Management |
| Custodian | Al Ahli Bank of Kuwait – Egypt (ABK) |
| Fund administrator | Fundata |
| Founder | Target Holding for Financial Investments |
TSF USD Returns
ActualEstimated
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 Manager
Noureldin Mohamed
Founder & ChairmanInvestment funds
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