Investment Philosophy
As part of fulfilling its mission, Pioneers Funds® has outlined a well-studied and researched investment philosophy aimed at achieving its clients’ investment objectives.

Pioneers Funds® strictly abides by various requirements from its Investment Manager, mainly stipulating that the Investment Manager exercises due care in selecting securities and in achieving the targeted level of risk and returns.
Stocks vs. Cash:
The Investment Manager shall allocate a maximum of 95% of the fund’s resources to equity securities, while the remaining 5% would be allocated to risk-free highly marketable securities. Depending on the investment climate and economic conditions, the Investment Manager may decide to allocate lesser funds to stocks and more funds to short-term variable income securities (such as bank deposits, treasury bills, and shares in other funds) and short-term fixed income securities, given that their investment grade is not less than the minimally accepted level of BBB-.
GDRs:
The Investment Manager would invest a maximum of 25% of the funds in the GDRs of Egyptian companies listed on international stock exchanges.
Money market securities:
Money market investments should not exceed 50% of the total funds.
Industry allocations:
Investment allocations to one industry should not exceed 30% of the total funds.