The abolition of precautionary measures for the Egyptian Stock Exchange is a positive indicator of a return to normalcy, said the Executive Director of the assessment management of HC Securities, Omar Radwan. The decision gives investors a boost of confidence about Egypt being able to ease out of trouble and crisis, he said. Radwan advised investors to resort to investment funds at the moment, particularly those that sustained heavy losses as a result of a decrease in stock prices. Due to recent events Radwan pointed out the advantages of funds for investors in terms of reliability as well as allowing investors to directly invest without needing any experience in the stock market. Radwan said there are three reasons that any investor would resort to investment funds: lack of time, lack of experience and lack of money available for investment. With the fund, a professional manager is provided who is familiar with the stock market. The professional manager will have sufficient expertise that will enable them to make investments that will achieve the highest profit for investors and reduce the degree of risk. Radwan said creating an investment fund like 'Egypt of the Future fund' will be declared by the IPO after May 29 that will offer bonds at a nominal value of 10 EGP and offer many chances to take part in the market.
