The Financial Regulatory Authority (FRA) said Egypt’s investment fund industry continued its strong expansion during the second quarter (Q2) of 2026, with net assets, assets under management, fund units and the number of investment funds all reaching record levels.
According to the FRA’s quarterly performance report on investment funds, the industry’s net asset value (NAV) rose to EGP 470.9bn in June 2026, compared with EGP 410.69bn in March, an increase of EGP 60.28bn, or approximately 14.7%.
The report highlighted the growing role of investment funds as one of the Egyptian capital market’s key investment vehicles, supported by rising investor participation and the launch of new investment products.
As part of the report, the FRA introduced a revised classification of investment funds, developed in coordination with the Egyptian Investment Management Association, to better reflect the structure of the market.
Under the revised methodology, the total number of investment funds, including all issuances, reached 224 in June 2026, following the launch of 15 new funds during recent months.
Total assets under management increased to approximately EGP 479bn in June, up from EGP 419.5bn three months earlier, representing growth of around 14%.
Assets denominated in Egyptian pounds amounted to EGP 444.56bn, while foreign currency-denominated assets totalled the equivalent of EGP 26.41bn, reflecting continued diversification across investment portfolios.
The number of investment fund units climbed to a record 44.04 billion in June, compared with 31.42 billion in March, representing growth of approximately 40.2%.
Individual investors continued to dominate the market, holding 32.9 billion units, equivalent to 74.7% of the total. Institutional investors owned 10.72 billion units, representing 24.3%, while units allocated to sponsoring entities accounted for the remaining 1%.
The report also highlighted strong investment performance across several fund categories during the second quarter.
Sector funds, which focus on investments within a single industry, delivered the highest average return at 18.82%, narrowly outperforming thematic funds, which invest in companies operating in areas such as information technology, financial technology and innovation, with an average return of 18.78%.
Index funds posted an average return of 18.35%, followed by equity funds at 17.45%, Islamic equity funds at 16.37%, and exchange-traded funds (ETFs) at 16.13%.
According to the FRA, the continued growth of Egypt’s investment fund industry reflects its efforts to deepen the non-banking financial sector, broaden the range of investment products available to different categories of investors, and enhance the attractiveness and competitiveness of the Egyptian capital market.
