Want exposure to gold without buying bars or coins yourself? Gold funds on Thndr let you invest in FRA-regulated funds managed by licensed asset managers that hold or track 24-karat gold.
Gold funds can be useful if you want:
Exposure to gold prices without storing physical gold
Access to regulated fund structures managed by licensed asset managers
A way to diversify your portfolio
This article will help you:
Understand gold funds available on Thndr
Compare fees, minimums, and features
Decide which fund may suit your needs
🔗Quick Resource: New to Gold Funds? See What is a Gold Fund to learn more, or explore How to Subscribe (Buy) Mutual Funds on Thndr to make your first gold investment. |
Gold Funds Available on Thndr
Al Ahly Dahab (ADA)
Al Ahly Dahab (ADA) is an open-ended mutual fund providing investors with streamlined access to the gold market. The fund invests in 24-karat gold, offering a liquid and regulated alternative to physical ownership. ADA is professionally managed by Al Ahly Financial Investment Management, a premier asset manager in Egypt, ensuring institutional-grade oversight of your investment.
Key Details
Fee Type | Amount |
Subscription Fee | 2.25% of buy order value |
Redemption Fee | None |
Thndr Fixed Fee | EGP 2 per order |
Thndr Variable Fee | 0.1% per order |
Minimum Order | 2 certificates |
Physical Gold Redemption | Not available |
Azimut Gold Fund (AZG)
Azimut Gold (AZG) is a Sharia-compliant open-ended mutual fund providing investors with streamlined access to the gold market. The fund invests in 24-karat gold, offering a liquid and regulated alternative to physical ownership. AZG is professionally managed by Azimut Asset Management, a premier asset manager in Egypt, ensuring institutional-grade oversight of your investment.
Key Details
Fee Type | Amount |
Subscription Fee | None |
Redemption Fee | Up to 3.5% in year 1, declining to 0% after 3 years (See Redemption Schedule below) |
Thndr Fixed Fee | EGP 2 per order |
Thndr Variable Fee | 0.1% per order |
Minimum Order | 2 certificates |
Physical Gold Redemption | Available (minimum 50 grams, up to 5.5% fee) |
Redemption Fee Schedule
Holding Period | Fee |
Within first year | Up to 3.5% |
After 1 year | Up to 2.4% |
After 2 years | Up to 1.2% |
After 3 years | 0% |
Beltone Sabayek (BSB)
Beltone Sabayek (BSB) is an open-ended mutual fund providing investors with streamlined access to the gold market. The fund invests in 24-karat gold, offering a liquid and regulated alternative to physical ownership. Beltone Sabayek is professionally managed by Beltone Asset Management, a premier asset manager in Egypt, ensuring institutional-grade oversight of your investment.
Key Details
Fee Type | Amount |
Fund Subscription Fee | 2.25% of buy order value |
Fund Redemption Fee | None |
Thndr Fixed Fee | EGP 2 per order |
Thndr Variable Fee | 0.1% per order |
Minimum Order | 10 certificates |
Compare Gold Funds at a Glance
All three funds invest in 24-karat gold, but they differ in fee structure, minimum investment, Sharia compliance, and physical gold redemption. Here's a side-by-side comparison to help you decide:
| Al Ahly Dahab (ADA) | Azimut Gold (AZG) | Beltone Sabayek (BSB) |
Fund manager | Al Ahly Financial Investment Management | Azimut Asset Management | Beltone Asset Management |
Asset Type | 24-Karat Gold | 24-Karat Gold | 24-Karat Gold |
Strategy | Open-ended, physically backed. A portion of the fund may be held in cash or cash equivalents at the manager's discretion | Open-ended, physically backed. A portion of the fund may be held in cash or cash equivalents at the manager's discretion | Open-ended, physically backed. A portion of the fund may be held in cash or cash equivalents at the manager's discretion |
Minimum Order | 2 certificates | 2 certificates | 10 certificates |
Cutoff Time | 11:30 AM | 11:30 AM | 11:30 AM |
Order Days | Monday–Thursday | Sunday–Thursday | Sunday–Thursday |
Subscription Fee | 2.25% | None | 2.25% |
Redemption Fee | None | Up to 3.5% in year 1, declining to 0% after 3 years | None |
Physical Gold Redemption | No | Yes (conditions apply) | No |
FAQs
Am I buying physical gold?
The fund is buying physical gold on your behalf. Your investment is in certificates backed by gold — you are not receiving physical gold bars. The fund stores the gold on your behalf through licensed and regulated storage providers.
Can I redeem my certificates for physical gold?
This depends on the fund. AZG allows physical gold redemption if your total investment is equivalent to at least 50 grams of gold, with a fee of up to 5.5%. ADA and BSB do not offer physical gold redemption — buying and selling take place through certificates only.
What happens if I place an order after the cutoff time?
Your order rolls over to the next working day's processing batch. It will be executed using that day's closing gold price rather than the day you originally placed the order.
What are the main risks of investing in gold funds?
The key risks include changes in the price of gold (underlying asset risk), supply risks, and storage risks. Gold prices can be volatile even during stable market conditions. Additionally, local gold prices may differ from international prices due to currency exchange fluctuations, local supply and demand dynamics, and the relative local economic outlook.
Are cutoff times fixed all year long?
The cutoff time might change during the holy month of Ramadan. Always check the fund's landing page in the app for the latest cutoff information.