Egypt’s Silver Investment Funds Reach EGP 146.1 Million in Assets, with 22,300 Investors by the End of June

Silver investment funds continued to attract investors in the Egyptian market during the second quarter of 2026, highlighting growing interest in precious metal investment products beyond gold.

According to the latest available data, the combined net assets of Egypt’s two silver investment funds reached approximately EGP 146.1 million at the end of June 2026, while the number of investors rose to around 22,300, despite the recent launch of these investment vehicles.

The Beltone Silver Fund accounted for the largest share of the market, with net assets exceeding EGP 112 million by the end of June and more than 20,000 investors, representing roughly 77% of total silver fund assets in Egypt and nearly 90% of all silver fund investors.

These figures indicate that Egypt’s first regulated silver investment fund has successfully created new demand within a short period, particularly among retail investors seeking exposure to silver prices without the need to purchase and store physical bullion.

The rapid growth in the investor base also reflects increasing demand for investment products with a lower entry cost than gold. Silver fund units allow investors to begin with relatively small amounts while benefiting from convenient subscription and redemption through authorized distributors.

Unlike purchasing physical silver bars or jewelry, investors in silver funds own investment units rather than the metal itself. The value of these units is linked to the fund’s net asset value and the market price of silver after management fees and other applicable expenses.

Silver investment funds operate under the supervision of Egypt’s Financial Regulatory Authority (FRA), while the underlying precious metals are held by licensed custodians within a regulated framework designed to safeguard investors’ assets.

The launch of a second silver investment fund has also strengthened competition in this emerging market, giving investors the opportunity to compare fund performance, management fees, and investment strategies instead of relying on a single product.

The future growth of silver investment funds will depend on several factors, including global silver price movements, the exchange rate of the U.S. dollar against the Egyptian pound, investor awareness of these financial products, and fund managers’ ability to maintain sufficient liquidity to meet subscription and redemption requests.

Despite the rapid increase in investors, silver funds remain relatively small compared with gold investment funds, with combined assets of just EGP 146.1 million by the end of June, suggesting that the sector is still in its early development stage.

The strong initial demand nevertheless reflects a gradual shift in the behavior of Egyptian investors, who are increasingly turning to regulated financial products to gain exposure to precious metals rather than relying solely on physical ownership.