The Arab Bank PLC.) guarantees 100% of the principal while leaving the upside potential partially opened.EFG-Hermes deals with International Custodian Banks which means that its clients are not exposed to credit risk. The firm provides its clients with monthly detailed Valuation Reports, News letter which keeps them up to date with the current environment and its View on the Market.EFG-Hermes' portfolio management company, Egyptian Portfolio Management Group (EPMG), offers tailored services to institutional and high networth individual investors. The firm's partner in EPMG is the ARAB BANK plc, the fourth largest Arab Bank with total assets exceeding $ 20 billion as of end 1996.Investment ObjectiveThe Company's investment objective is long term capital appreciation. The Company seeks to achieve this objective by investing in Egyptian equity and equity related securities. No assurance can be given that the Company's investment objective will be achievedInvestment StrategyThe mission in EPMG is to provide investment management excellence to its clients which entails the identification of each client's return / risk profile and the design of a suitable portfolio to match this profile. The firm's objective is to achieve for its client a sustainable superior performance over a long period. Its investment strategy is based on a bottom up approach. Its approved list of stocks is chosen and periodically updated on the basis of fundamental strength of the underlying companies. This means that it does not consider daily changed in the stock market, rather on the performance of the company itself. However, the weight of every stock in the portfolio as well as the overall equity portion of the portfolio is continuously revised to reflect technical factors which relate to the supply-demand of the stock(s) in the market. To allow for liquidity, a model portfolio typically includes 15 companies with an above average size in terms of market capitalizat...
