Egyptian Investment Management Association

EIMA
Performance of Egyptian Mutual Funds
13-May-10

NAV Weekly 4 Weeks Year to date ** Last 12 months 2 Years 3 Years 5 years 6 years
Inception Intial
Fund Management Company 13/05/10 Return Rank Return Rank Return Rank Return Rank Return Rank Return Rank Return Rank Return Rank
Date Value
Open End - Balanced Funds
(8) Al Ahly Funds Management
National Bank 1 Sep-94 10 39.08 -2.10% 7 -4.78% 6 9.47% 1 35.61% 1 -13.30% 6 11.20% 4 63.71% 1 161.76% 1
National Bank 2 Al Ahly Funds Management Oct-95 100 84.71 -1.61% 4 -3.72% 5 8.84% 4 22.03% 4 -5.12% 4 21.42% 2 58.19% 2 114.86% 2
National Bank 3 HC Securities Aug-05 100 79.60 -1.89% 6 -4.82% 7 8.16% 5 15.83% 6 -32.59% 7 -17.79% 6 n/a n/a
National Bank 5 Al Ahly Funds Management May-07 10 9.90 -2.17% 8 -5.26% 8 9.44% 2 29.35% 2 -7.82% 5 5.92% 5 n/a n/a
(1) Concord International Investments
Banque Misr 1 Feb-95 100 104.45 -0.90% 2 -1.78% 2 6.71% 6 18.17% 5 2.48% 3 21.53% 1 48.26% 3 80.66% 3
Al Watany Bank of Egypt Hermes Funds Management Aug-06 100 129.45 -0.40% 1 -1.73% 1 5.96% 7 14.62% 7 7.02% 2 19.50% 3 n/a n/a
Principal Bank for Development & Agricultural
Hermes Funds Management Apr-08 100 103.29 -1.03% 3 -2.79% 4 9.36% 3 22.05% 3 8.01% 1 n/a n/a n/a
Credit (Al Massi)
Khier Fund Beltone Asset Management Feb-10 10 9.88994 -1.63% 5 -2.51% 3 n/a n/a n/a n/a n/a n/a

Open End- Equity Funds

Credit Agricole Egypt 1 Hermes Funds Management Oct-94 100 238.36 -1.64% 7 -5.90% 8 9.09% 6 14.80% 9 -27.21% 4 -3.92% 3 62.47% 4 184.10% 6
Bank of Alexandria Hermes Funds Management Dec-94 100 229.31 -2.21% 16 -9.29% 17 2.09% 17 3.26% 15 -48.39% 12 -26.31% 10 36.99% 8 172.21% 7
(9) Prime Investment
AMIG (Allied Investors) Aug-95 100 160.41 -1.93% 9 -5.45% 6 8.59% 9 16.52% 7 -25.01% 3 0.03% 2 56.86% 5 192.09% 5
(2) Concord International Investments
Banque Misr 2 Sep-95 66.67 54.50 -1.61% 6 -3.08% 2 6.55% 14 7.89% 14 -27.49% 5 -4.17% 4 41.41% 7 64.92% 11
(6) Hermes Funds Management
Banque du Caire Nov-95 10 57.46 -5.94% 19 -13.45% 19 -9.30% 19 -16.15% 17 -53.02% 13 -44.28% 13 -3.84% 12 90.49% 10
(7) HC Securities
EDBE (Al Khabeer) Oct-96 33.33 80.18 -2.06% 12 -6.32% 11 8.31% 10 19.87% 5 -30.21% 7 -18.59% 8 30.77% 9 97.68% 9
Suez Canal Bank HC Securities Dec-96 500 319.12 -1.01% 2 -3.82% 3 10.63% 2 21.18% 4 -33.20% 9 -13.88% 7 -0.66% 11 41.76% 12
Credit Agricole Egypt 2 Hermes Funds Management Apr-97 100 110.53 -1.45% 4 -5.47% 7 9.44% 5 15.41% 8 -31.18% 8 -8.19% 5 75.75% 2 249.74% 1
Egyptian Gulf Bank Hermes Funds Management May-97 100 167.36 -2.07% 13 -11.05% 18 -6.55% 18 -14.13% 16 -54.40% 14 -33.89% 12 23.41% 10 145.40% 8
(5) Arab African Investment Management
AAIB (Shield ) Feb-98 50 116.04 -0.74% 1 -2.41% 1 8.11% 11 27.52% 1 -4.50% 2 18.71% 1 95.32% 1 192.74% 4
(3) HC Securities
Banque Misr 3 Dec-97 100 443.15 -2.06% 11 -6.15% 10 10.06% 4 27.50% 2 -29.01% 6 -8.40% 6 67.57% 3 248.77% 2
(4) HC Securities
Misr Iran Jul-98 100 357.18 -1.98% 10 -6.44% 13 5.33% 15 14.24% 11 -40.35% 11 -21.06% 9 51.57% 6 210.52% 3
CIB II (Istthmar) CI Asset Management Apr-06 100 82.28 -2.40% 17 -7.98% 16 5.02% 16 8.36% 13 -39.18% 10 -28.14% 11 n/a n/a
Piraeus Bank Fund Phoenix Kato Asset Management Apr-08 100 100.05 -1.50% 5 -4.39% 5 11.78% 1 22.31% 3 5.48% 1 n/a n/a n/a
Housing & Development Bank Fund (Taamir) Prime Investment Jun-08 100 106.70 -2.12% 14 -6.07% 9 9.01% 8 14.25% 10 n/a n/a n/a n/a
ABC Bank Fund Delta Rasmala Aug-08 100 91.39 -3.66% 18 -7.95% 15 9.02% 7 16.87% 6 n/a n/a n/a n/a
Suez Canal Bank Fund II (Al Agyal) Beltone Asset Management Oct-08 10 11.20066 -1.76% 8 -7.27% 14 10.51% 3 13.50% 12 n/a n/a n/a n/a
Blom Bank Fund Prime Investment Jul-09 100 103.08 -2.21% 15 -6.37% 12 6.82% 13 n/a n/a n/a n/a n/a
Pharos Fund I Pharos Asset Management Jul-09 100 102.84 -1.33% 3 -4.36% 4 7.25% 12 n/a n/a n/a n/a n/a

Closed End Funds

Orient Trust Egyptian Investment Co Jan-97 1000 1224.23 3.36% 2.59% 5.57% 8.02% 5.24% 17.15% 4.78% 8.10%

Capital Guaranteed Funds

Misr Bank Capital Guaranteed Cairo Funds Management Oct-03 100 219.66 -0.19% -0.61% 3.07% 3.24% -1.58% 11.10% 44.58% 105.03%

** Percentage Change Year to-date for All Funds are based on the NAVs of 31 December 2009.
(1) (6)
A Split of 10 to 1 for Banque Misr I certificates took place on 23 November 1997 A split of 10 to 1 for Banque du Caire certificates took place on 31 May 2007
(2) (7)
A Split of 15 to 1 for Banque Misr II certificates took place on 23 November 1997 A 2 to 1 free certificates for EDBE took place on 28 June 2007
(3)
The Management contract for Misr Exterior Bank matured on 9 November 2003 HC Securities started the Management of Export Development Bank on 1 October 2007
(8)
HC Securities started the management for Misr Exterior Bank 25 December 2003 with NAV 1229.78 A split of 50 to 1 for NBE 1 took place on 29 November 2007
(4)
HC Securities started the Management of Misr Iran 22 May 2004 with NAV 143.07 The fund structure has changed from Balanced to Equity during the period from 12 March 2009 to 4 February 2010
(5) (9)
Mibank changed to be Arab African Int. Bank with a split 2 to 1 for certifuicates on 2 April 2006 A split of 5 to 1 for AMIG certificates took place on 10 November 2009

Arab African Investment Management started the Management of Shield on 16 October 2008

EIMA,5/17/2010
 Egyptian Investment Management Association
EIMA
Performance of Egyptian Mutual Funds
13-May-10

NAV Weekly 4 Weeks Year to date ** Last 12 months 2 Years 3 Years 5 years 6 years
Inception Intial
Fund Management Company 13/05/10 Return Rank Return Rank Return Rank Return Rank Return Rank Return Rank Return Rank Return Rank
Date Value
Open End - Fixed Income Funds *
(3) Prime Investment
Al Rabeh Feb-99 100 100.96 0.09% 21 0.54% 16 2.70% 10 7.11% 11 14.32% 9 22.77% 9
(1) Egyptian Fund Management Group
Credit Agricole Egypt 3 Jun-99 1000 1029.98 0.15% 2 0.61% 1 3.00% 1 7.44% 7 15.02% 8 22.87% 8 41.38% 3 50.69% 1
Misr Money Market Beltone Asset Management Aug-04 10 16.07143 0.14% 12 0.55% 14 2.61% 13 7.66% 5 17.21% 3 26.09% 5 49.88% 2 n/a
CIB (Osoul) CI Asset Management Apr-05 100 152.60 0.16% 1 0.61% 2 2.81% 6 7.96% 2 17.52% 2 26.65% 2 51.46% 1 n/a
Misr Iran 2 HC Securities Jul-05 1000 1028.1407 0.14% 9 0.58% 7 2.81% 5 7.44% 8 16.11% 7 23.39% 7 n/a n/a
Alexandria Bank 2 EFG-Hermes May-06 10 13.9226 0.15% 5 0.59% 5 2.88% 2 8.15% 1 17.89% 1 27.26% 1 n/a n/a
National Bank 4 Ahly Funds Management May-06 100 136.46544 0.14% 11 0.55% 12 2.69% 12 7.39% 10 16.57% 6 25.24% 6 n/a n/a
NSGB (Themar) EFG-Hermes Oct-06 100 133.653 0.15% 3 0.59% 4 2.85% 4 7.86% 3 17.11% 4 26.14% 4 n/a n/a
EDBE II (Daily) Delta Rasmala Nov-06 100 132.3895 0.14% 6 0.58% 6 2.85% 3 7.73% 4 17.10% 5 26.34% 3 n/a n/a
ABC Bank Fund (Mazaya) Beltone Asset Management Feb-09 10 10.86647 0.13% 20 0.52% 21 2.48% 15 7.02% 12 n/a n/a n/a n/a
HSBC Egypt Bank Fund Beltone Asset Management Apr-09 100 108.21806 0.14% 10 0.56% 10 2.69% 11 7.47% 6 n/a n/a n/a n/a
AAIB (Juman) Arab African Investment Management Apr-09 100 107.8423 0.15% 4 0.57% 8 2.71% 8 7.39% 9 n/a n/a n/a n/a
Piraeus Bank Fund Phoenix Kato Asset Management May-09 10 10.7277 0.14% 13 0.55% 13 2.58% 14 n/a n/a n/a n/a n/a
Audi Bank Fund EFG-Hermes May-09 10 10.72438 0.14% 14 0.56% 11 2.78% 7 n/a n/a n/a n/a n/a
Banque Du Caire Fnd II Beltone Asset Management Aug-09 10 10.53235 0.13% 18 0.52% 20 2.46% 16 n/a n/a n/a n/a n/a
Blom Bank Fund CI Capital Asset Management Sep-09 100 104.57000 0.14% 7 0.57% 9 2.70% 9 n/a n/a n/a n/a n/a
Al Watany Bank of Egypt Fund (EshraK) NBK Capital Asset Management Egypt Jan-10 10 10.23581 0.13% 16 0.53% 17 n/a n/a n/a n/a n/a n/a
Arab Bank Fund (Youmati) Beltone Asset Management Jan-10 10 10.21027 0.13% 19 0.53% 19 n/a n/a n/a n/a n/a n/a
Housing & Development Bank Fund (Mawared) Prime Investment Feb-10 10 10.16790 0.13% 17 0.53% 18 n/a n/a n/a n/a n/a n/a
Bank of Alexandria Fund III EFG-Hermes Apr-10 10 10.07415 0.14% 8 0.60% 3 n/a n/a n/a n/a n/a n/a
Principal Bank for Development & Agricultural
HC Securities Apr-10 10 10.06466 0.13% 15 0.54% 15 n/a n/a n/a n/a n/a n/a
Credit (Hasad)

Open End - Islamic Funds

Faisal Islamic Bank EFG-Hermes Dec-04 100 117.55 -1.84% 1 -7.83% 4 4.68% 5 6.81% 5 -27.69% 3 -9.69% 3 37.17% n/a
Al Baraka Bank Egypt EFG-Hermes May-06 100 83.10 -1.90% 2 -8.10% 5 5.35% 4 7.44% 4 -29.27% 4 -7.95% 2 n/a n/a
Faisal Islamic Bank-CIB (Amman) CI Asset Management Oct-06 100 62.95 -2.82% 5 -9.39% 6 2.41% 6 1.78% 6 -48.11% 6 -41.31% 5 n/a n/a
Banque Misr IV HC Securities Oct-06 100 81.67 -2.60% 4 -6.18% 2 7.53% 2 14.93% 3 -34.25% 5 -12.31% 4 n/a n/a
Sanabel Prime Investment Feb-07 100 87.20 -3.00% 6 -6.98% 3 7.18% 3 15.83% 2 -22.41% 2 -7.65% 1 n/a n/a
Bashayer Al Ahly Funds Management Feb-08 100 78.07 -2.23% 3 -4.94% 1 8.78% 1 19.76% 1 -10.74% 1 n/a n/a n/a

Asset Allocator Funds

(2) Prime Investment
SAIB 1 Jun-96 100 461.76 -2.03% 1 -5.81% 1 9.22% 1 17.88% 1 -22.19% 2 -0.77% 2 48.21% 2 167.88% 2
SAIB2 Prime Investment Oct-97 100 322.66 -2.08% 2 -5.92% 2 9.16% 2 17.45% 2 -13.88% 1 11.42% 1 66.82% 1 229.10% 1

Capital Protected Funds

HSBC Egypt Fund II EFG-Hermes Feb-08 100 95.01 0.18% 0.72% 3.37% 9.47% -5.41% n/a n/a n/a

Foreign Currency Funds

Misr Money Market ($) Beltone Asset Management Jun-07 $10 10.65607 0.01% 0.03% 0.17% 0.46% 2.14% n/a n/a n/a
Misr Money Market (Euro) Beltone Asset Management Jun-07 € 10 10.69918 0.01% 0.02% 0.10% 0.44% 3.17% n/a n/a n/a

Fund of Funds
Misr Iran Development Bank Fund III (Wafi) El Rashad Asset Management May-09 10 10.564 -1.74% 1 -1.59% 1 7.14% 2 n/a n/a n/a n/a n/a
National Bank of Egypt VII El Rashad Asset Management Aug-09 100 105.500 -2.16% 2 -1.86% 2 7.17% 1 n/a n/a n/a n/a n/a

Market Return
EGX 30 1/1/1998 1000.25 6917.13 -2.80% -8.67% 11.41% 22.89% -31.98% -6.83% 56.38% 367.06%

* Fixed Income Funds NAV as on Sundays.

** Percentage Change Year to-date for All Funds are based on the NAVs of 31 December 2009.
(1)
Egyptian Fund Management Group started the Management of EAB3 on 26 June 2005
(2)
A split of 5 to 1 for SAIB 1 certificates took place on 29 March 2007
(3)
SAIB 3 changed to Al Rabeh on 19 April 2007

EIMA,5/17/2010