Egypt’s investment funds continued to expand in the second quarter of 2026. Net assets are approaching USD 9.3 billion (EGP 471B) as the market welcomed 15 new funds and investors increased their holdings.

Why You Should Care

Egypt’s investment funds are becoming a larger pillar of the country’s non-banking financial sector. Rising assets, new fund launches, and record-high fund certificates point to growing participation from both retail and institutional investors, while a broader product mix offers more diversified investment opportunities.

The Details

The Financial Regulatory Authority (FRA) reported that total net assets of Egypt’s investment funds reached approximately USD 9.3 billion (EGP 470.9B) by the end of June 2026. This is up from around USD 8.1 billion (EGP 410.69B) at the end of March. The increase of EGP 60.28 billion represents 14.7% quarter-on-quarter growth.

The regulator also updated its classification of investment funds in coordination with the Egyptian Investment Management Association (EIMA). Under the revised classification, Egypt’s market comprised 224 investment funds by the end of June after the launch of 15 new funds during the quarter.

Assets denominated in Egyptian pounds totaled EGP 444.56 billion (USD 8.8B). Meanwhile, foreign currency-denominated assets reached the equivalent of EGP 26.41 billion (USD 521.6M). This reflects continued portfolio diversification across the industry. Meanwhile, total assets under management increased to approximately USD 9.5 billion (EGP 479B), compared to USD 8.3 billion (EGP 419.5B) at the end of the first quarter.

Investor participation also accelerated. The number of investment fund certificates climbed to a record 44.04 billion by the end of June. This is up from 31.42 billion three months earlier, marking growth of 40.16%. Individuals held 32.9 billion certificates, accounting for 74.7% of the total, while institutions held 10.72 billion certificates, or 24.3%. Certificates reserved for founding entities represented the remaining 1%.

In terms of performance, sector funds posted the highest average return in the second quarter at 18.82%, closely followed by thematic funds at 18.78%. Index funds returned 18.35%, ahead of equity funds at 17.45%, Islamic equity funds at 16.37%, and exchange-traded funds (ETFs) at 16.13%.

The Ripple

The latest figures underscore the continued expansion of Egypt’s regulated investment funds industry as more products enter the market and assets continue to grow. The broader range of fund strategies, from sector-specific to thematic and passive investing, provides investors with more options while supporting the development of Egypt’s capital markets.

What to Watch

The latest report highlights continued growth in investment fund assets, the number of funds, and fund certificates, as well as the rollout of new investment products.

These developments reflect ongoing efforts to deepen Egypt’s non-banking financial markets. This includes expanding the range of investment instruments available to different investor segments and strengthening the attractiveness of the country’s capital market.