FCP Atlas Maroc
- Atlas Maroc is a French UCITS, investing in shares of companies listed on the Moroccan stock exchange.
- Management of the fund is delegated to Upline Capital Management, a management company based in Casablanca and subsidiary of Banque Populaire du Maroc.
Cumulative Performance (%)
Fund Inception 5 December 2003
The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
Strategy & Manager
Portfolio management is delegated to Upline Capital Management, a subsidiary of Banque Centrale Populaire, second largest bank in Morocco
Atlas Maroc was launched in 2003 and Alma Capital took it over in 2010
Long only portfolio of 30-40 Moroccan equities
Upline Capital Management, a subsidiary of Groupe Banque Populaire du Maroc, a leading bank in Morocco.
Statistics & Commentary
The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.
Sector Breakdown as a % of AUM
as a % of AUM
as a % of AUM
as a % of AUM
Top 10 Position Details
Investment Manager's Commentaryas of 30/11/2019
Market Review and Outlook
Le MASI EURO dividendes réinvestis enregistre une performance mensuelle de 3.66%, portant ainsi sa performance depuis le début de l’année à +10.26%.
La hausse du marché provient essentiellement de la bonne performance de : MAROC TELECOM (+4.46%), ATTIJARIWAFA (+3.19%), LAFARGEHOLCIM MAROC (+4.48%), WAFA ASSURANCE (+11.08%) et BANQUE CENTRALE POPULAIRE (+3.01%).
Atlas Maroc affiche une performance mensuelle de +2.93% (YTD : +7.17%).
Les échanges sur le marché central ressortent en baisse par rapport au mois dernier. La moyenne quotidienne se situant à 120 millions MAD.
Facts & Documents
Fund Domicile: France
Management Fee: 2.33% p.a. for I shares
Fund Type: French Fonds Commun de Placement (FCP)
Fund Launch: 5 December 2003
Base Currency: EUR
Depositary, Administrator, Transfert Agent: BNP Paribas Securities Services
Cut-off time: D before 12am
Management Company: Alma Capital Investment Management
Investment Manager: Upline Capital Management
Fund Managers: Aniss Boubia
Countries where the fund is registered:
ISIN: FR0010015016 Ticker: ATMARII FP Equity Launch: 5 Dec 2003