The organization of MEK has chosen Acumen Asset Management to be its Fund Manager due to the team’s impressive track record and its ability to obtain high returns on the funds that it manages. Acumen is considered to be one of the only companies that managed to be mandated the management of an onshore fund in Egypt in such a short time.
Kheir Fund is a balanced growth fund that aims to achieve high returns with low volatility in the Egyptian stock exchange.
The fund is currently ranked as the Top performer among all its peers in Egypt in 2014 reaching a return of 30.27%.
Kheir fund is adopting a dynamic strategy that optimizes return and consistently outperform the benchmark balanced funds with low volatility due to its balanced and diversified nature.
Kheir fund is currently the top performing balanced fund in Egypt achieving a return of 106.53% in three years after
Acumen Asset Management was given the mandate to manage Kheir fund in November 2011.