Zawya - Press Releases: Beltone receives preliminary approval from the Financial Regulatory Authority to launch "Fidda," the first silver investment fund with daily cumulative returns, opening a new door for investment diversification in Egypt.
Cairo – Beltone Asset Management announced that it has received preliminary approval from the Financial Regulatory Authority to launch the “Silver” fund, the Beltone Evolve Silver Investment Fund with daily cumulative returns, to be the first investment fund specializing in silver in Egypt, in a step that represents the beginning of introducing a new asset class to investors .
The fund provides individual and institutional investors with access to silver at competitive prices, through a professionally managed investment structure, which enhances portfolio diversification and provides an effective tool for hedging against market volatility, especially in the medium to long term .
The launch of “Silver” reflects Beltone’s commitment to innovation and the development of advanced financial instruments that contribute to expanding the base of investment opportunities and meeting the changing needs of investors, thereby supporting the development and efficiency of the Egyptian financial market .
Subscription to the fund is scheduled to open after the Eid al-Fitr holiday, with operational details and investment mechanisms to be announced in the coming period. Terms and conditions apply .
Investors can subscribe through Beltone Securities Brokerage Company.
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