MENA Asset Management Survey 2012 - National Bank of Abu Dhabi

Egypt
Money Market Funds
In 2012H1, money market fund assets increased by 9.5% from US $ 8.48 billion at
end-2011 to US$ 9.29 billion. Estimated net inflows to money market funds stood at
US$ 793 million. In 2011, money market fund assets decreased by 4.6% from US $
8.9 billion at end-2010 to US$ 8.48 billion. Estimated net outflows from money market
funds stood at US$ 423 million.
Top Egypt Money Market Funds by Assets
(millions of U.S. dollars, June 2012)
Rank Fund Name Type Sponsor AuM
1
Beltone Banque Misr Money Market
EGP
Money Market
Beltone Fund
Management
2,799
2 Al Ahly National Bank of Egypt IV Money Market Nat’l Bank of Egypt 1,292
3 CIB Money Market Fund (Osoul) Money Market Commercial Intl AM 1,149
EFG National Societe Generale
4
Bank Themar
Money Market National Societe 969
5 HSBC Egypt Bank MM - Kol Youm Money Market Beltone Fund Mgmt 566
6 Beltone Banque Misr USD Money Market Beltone Fund Mgmt 564
EFG Bank of Alexandria II
7
Cumulative Return
Money Market Bank of Alexandria 367
8 Beltone Banque du Caire II Money Market Beltone Fund Mgmt 269
9 Beltone Banque Misr Euro Money Market Beltone Fund Mgmt 230
AAIB Arab African Money Market -
10
Juman
Money Market Arab African Invest 220
Source: Lipper Rankings, Lipper, a Thomson Reuters company
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