Publication Date:
Tue, 2005-07-19 03:00
CAIRO, 19 July 2005 — The Egyptian Invest Fund has been ranked No.1 in the world by Standards & Poor’s Corporation (S&P), beating out 7000 international closed-end funds for the honor. Egypt Invest’s one year performance was 94.42 percent, while its performance from Jan. 1 to June 30, 2005 was 35.20 percent. The fund is managed by Conrad International Investment Group. This will be the fourth time in the past nine month that the Egypt Invest Fund has ranked No.1 worldwide.
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