Answers to your recurring questions
What is a UCITS fund? What are the advantages of asset management? What kind of investment is best suited to my objectives? Wafa Gestion, recognized asset management company, answers your most frequently asked questions about investment products and strategies.
Undertaking for Collective Investment in Transferable Securities (Organisme de Placement Collectif en Valeurs Mobilières or OPCVM in French).
These vehicles (mutual funds) centralize the capital of several investors (institutions, corporates and/or individuals) and invest them collectively on the financial markets (in equity, bonds, monetary instruments...) in order to share the profits and dilute the risks and costs between the investors.
The portfolios are managed by asset management professionals and are held by the investors in the form of shares/units.
SICAVs and FCPs operate in the same way, only their legal nature differs. There is no difference between a SICAV and a FCP for an investor.
The capital invested in a mutual fund is invested in equity, bonds or monetary instruments depending on the category of the fund.
Invest your savings during an investment period from 1 day to 10 years, while enjoying frequent liquidity.
Access to all financial markets (money market, equities, etc.) at a lower cost.
Lower taxation.
Complete, transparent and continuous information.
Money Market; Fixed Income; Balanced (i.e multi-assets / diversified); Equity and Contractual.
The realized capital gain is subject to a final withholding tax of 15% for equity mutual funds and 20% for other categories of mutual funds.
The NAV is the price of a share in the capital of a mutual fund. It is calculated by dividing the amount of net assets held by the fund by the number of subscribers' units.
The AMMC (Autorité Marocaine du Marché des Capitaux) is an independent public institution that regulates and controls the Moroccan capital market, prioritizing the investors' interest.
Yes, the capital is available on a daily and/or weekly basis depending on the fund category.
The period of time recommended to keep your investment in the fund.
The minimum amount is equal to the net asset value of the fund.
