Portfolio Types offered by HC

Equity Portfolio: A portfolio that invests most of its assets in stocks of publicly traded companies. The portfolio earns returns from investing in stocks in the form of capital gains (the difference between buying and selling of these stocks) as well as dividends distributed by the invested companies. The objective of an equity portfolio is long term growth through capital appreciation.

Fixed-Income Portfolio: A portfolio that invests primarily in bonds and other debt instruments. The exact type of debt the portfolio invests in will depend on agreed on strategy, but investments may include government, corporate, municipal and convertible bonds along with other debt securities. The objective of the portfolio is to generate income.  

Money Market Portfolio: A portfolio that invests primarily in short-term debt obligations such as Treasury Bills, Certificates of Deposits and Commercial Papers. Money market portfolios are generally less risky than either equity portfolios or fixed-income portfolios. 

Balanced Portfolio:  A portfolio that combines a stock component, a bond component and, sometimes a money market component in one single portfolio. The objective of a balanced portfolio is to provide both income and capital appreciation. A balanced portfolio is also known as Hybrid portfolio. 

Islamic Portfolio (Ethical Portfolio): A portfolio that invests most of its assets in stocks of publicly traded companies that comply with principles of Islamic Shariah. The portfolio earns returns from investing in stocks in the form of capital gains as well as dividends distributed by the invested companies. The objective of an Islamic equity portfolio is long term growth through capital appreciation. 

Index Portfolio:  A portfolio that replicates the movements of an index of a specific financial market. Tracking can be achieved by trying to hold all of the securities in the index, and in the same proportions as in the index. Index portfolios can be either equity portfolios or fixed-income ones.  

Portfolio Account Opening Process

     The client specifies investment objectives, risk appetite, time horizon, restrictions and other special needs.

     An investment strategy is agreed upon between the client and the asset manager.

     A management contract is signed.

     The client opens a commercial bank account.

     The client instructs the bank to grant HC access to the account to settle transactions.

     Initial value of the portfolio is deposited in an account.

     HC Asset Management then begins to construct and manage the portfolio.

     Investment objectives and strategy are reviewed on a regular and on-going basis. 

Portfolio Account Opening Requirements

Individuals:

     Signed management contract (3 copies)

     Copies of two different official identification documents

     A valid bank account

     Bank power of attorney document to HC Securities & Investment

     Anti money-laundering clearance

Institutions:

     Signed management contract (3 copies)

     Recent copy of institution's commercial register (موثق من الخارجيةfor foreign institutions)

     Tax card

     Letter directed to the Egyptian Stock Exchange requesting issuing a unified code to trade on the EGX

     Copy of certified board meeting minutes stating decision to form the portfolio

     Copy of company bylaws

     Signed document listing institution's signatory power

     Copies of two different official identification documents for all authorized signatories

     A valid bank account