In a groundbreaking move toward aligning capital markets with sustainability goals, CI Capital Asset Management (CIAM) — Egypt’s largest asset manager and a Forbes Top 40 MENA asset manager — has announced the official launch of “Misr Green – Sustainability (ESG) Fund,” the country’s first open-ended sustainable equity fund.
Opening for subscription today, Wednesday, June 18, this pioneering fund is the first ESG-focused public equity fund available via Egyptian banking platforms, marking a key milestone in Egypt’s transition toward responsible investing.
ESG in the Egyptian Market
The Misr Green – Sustainability (ESG) Fund is a passively managed index-tracking fund designed to replicate the performance of the EGX ESG Index, which includes the 30 top-performing, ESG-compliant companies listed on the Egyptian Exchange. These companies are vetted for their leadership in environmental practices, social responsibility, and governance standards, across a variety of sectors.
“This fund is a new chapter in our commitment to innovation and impact-driven investing,” said Dr. Amr Abol Enein, CEO & Managing Director of CIAM.
“We are proud to pioneer Egypt’s first ESG equity fund, offering a solution that aligns with our national sustainable development goals while delivering strong, risk-adjusted returns.”
Backed by global data showing that sustainable investments consistently outperform conventional portfolios over the long term, the fund targets above-market returns without compromising on ethical or environmental values.
Misr Green ESG Fund’s Unique Edge
- First-of-its-kind in Egypt: The only open-ended ESG equity fund available to retail and institutional investors via local banks.
- Index-linked performance: Tracks the EGX ESG Index, known for outperforming traditional indices.
- Diversified exposure: Invests in 30 ESG-compliant leaders across multiple sectors.
- Open-ended structure: Offers liquidity and ease of access for both long-term and tactical investors.
- Impact alignment: Fully in sync with Egypt’s Vision 2030 and the UN Sustainable Development Goals (SDGs).
Broader Strategy of Innovation
This ESG fund is the latest addition to CIAM’s expanding portfolio of index-tracking and specialized investment products, including:
- Misr Equity Fund – Egypt’s first EGX30 Capped index tracker (launched in 2022)
- Misr Shariah Equity Fund – Egypt’s first fund tracking the EGX33 Shariah index
With each of these launches, CIAM reinforces its reputation as Egypt’s most diversified, forward-thinking asset manager, offering unmatched access to both traditional and modern investment strategies.
🏆 A Market Leader Backed by Recognition
CIAM stands as:
- Egypt’s largest asset manager by assets under management (AUM)
- The firm with the widest product suite and highest number of mandates
- A consistent recipient of regional awards for asset management excellence
- One of Forbes Middle East’s Top 40 Asset Managers in MENA for 2025
Currently, CIAM manages over EGP 82 billion in assets, solidifying its position as a market leader not just in Egypt, but across the broader Middle East and Africa.
ESG Is the Future
The introduction of the Misr Green – Sustainability Fund reflects a global shift in investor preferences toward values-based, impact-driven portfolios. CIAM’s move is timely, strategic, and aligned with both market demand and policy direction in Egypt and beyond.
