Frequently asked questions

Undertaking for Collective Investment in Transferable Securities. These vehicles make it possible to centralize the capital of several investors (institutional, companies and / or individuals) and to place them collectively on the financial markets (in shares, bonds, monetary instruments, etc.) with the aim of sharing the benefits and diluting the risks and costs.

The portfolios are managed by asset management professionals, and are held by investors in the form of stocks or units.

The ICVC and FCP operate identically, only their legal nature differs. For the investor, there is no difference between a ICVC and a mutual fund (FCP).

The capital invested in the UCITS is invested in shares, bonds and also in negotiable debt securities in the short and medium terms.

Put your savings from one day to 10 years with the benefit of liquidity.

• Access at lower cost to all markets (monetary, shares ...)
• Enjoy a lighter taxation
• Benefit from complete, transparent and continuous information.

Money Market UCITS; Bond UCITS; Diversified UCITS; Shares UCITS and Contractual UCITS

The realized capital gain is subject to a withholding tax of 15% for UCITS Shares and 20% for other categories of UCITS.

The NAV is the price of a unit in the capital of a UCITS. It is calculated by dividing the amount of the net assets over the number of units of the subscribers

The AMMC (Moroccan Capital Markets Authority) is an independent public institution that regulates and controls capital markets in Morocco, prioritizing the interests of investors and savers.

Yes, the money is available daily and / or weekly according to the UCITS Category.

The recommended time to invest your money.

The minimum amount is equal to the net asset value of the fund, i.e. the purchase price of a unit in the capital of the UCITS.