Tuesday, 28 April 2020

CIB Equity Fund “Estithmar” awarded “Best Equity Fund in both Egypt and the Middle East in 2020

Amr Abol Enein

Cairo – Eco - By/Rasha Mohamed : CIB Equity Fund “Estithmar” under the management of CI Capital Asset Management won 4 new prestigious Lipper Fund Awards by Refinitiv in 2020 ...


Lipper Fund Awards – formerly the Financial and Risk business of Thomson Reuters, which have recognized funds and fund Management, firms for their consistently strong risk-adjusted three-, five-, and ten-year performance relative to their peers, recognized CIB Equity Fund “Estithmar” under CI Capital Asset Management as 
“The Best Equity Fund for its 3 and 5 Years Cumulative Performance in Egypt -2020”,And “The Best Equity Fund for its 3 and 5 Years Cumulative Performance in the MENA Region 2020 -”

Amr Abol Enein, Managing Director and Head of CI Capital Asset Management, commented: “Theses highly regarded international awards and the continuation of the regional recognition of “Estithmar Fund” reflects continuous outperformance of the fund relative to its peers in Egypt and MENA markets, posting the highest cumulative returns in both absolute and risk-adjusted bases over the past 3 and 5 years’ horizons – and these awards are a continuation of the previous  prestigious awards won by the Fund from Refinitiv as well as from other local and international organizations”.


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