Egypt’s investment fund industry continued its strong expansion during the second quarter of 2026, with net assets, assets under management (AuM), fund units and the number of investment funds all reaching record levels during the period, said the North African country’s Financial Regulatory Authority (FRA).
According to the FRA’s quarterly performance report on investment funds, the industry’s net asset value (NAV), in June 2026, rose to EGP 470.9 billion, compared with EGP 410.69 billion in March, an increase of EGP 60.28 billion, or approximately 14.7%.
As per the report, investment funds are playing heightened roles as one of the Egyptian capital market’s key investment vehicles, supported by rising investor participation and the launch of new investment products.
In the study, the FRA has also 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 479 billion in June, up from EGP 419.5 billion three months earlier, representing growth of around 14%,” FRA stated.
“Assets denominated in Egyptian pounds amounted to EGP 444.56 billion, while foreign currency-denominated assets totalled the equivalent of EGP 26.41 billion, 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%,” the report stated further.
Individual investors continued to dominate the Egyptian 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 Q2.
“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%,” FRA said.
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%.
“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,” the FRA concluded.