FCP Atlas Maroc
Overview
- 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.
Share Class
NAV
Cumulative Performance (%)
Fund Inception 5 December 2003
| Daily | Monthly | Ytd | 1Yr | 3Yr | 5Yr | Incept. | Incept.Date |
|---|
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
Funds Strategy
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
Investment Manager
Upline Capital Management, a subsidiary of Groupe Banque Populaire du Maroc, a leading bank in Morocco.
Statistics & Commentary
Performance
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.
Top 10 Position Details
Investment Manager's Commentary
as of 31/08/2020Fund
Le MASI EURO dividendes réinvestis enregistre une performance mensuelle de -0.53%, ramenant ainsi sa performance depuis le début de l’année à -16.81%.
La baisse du marché provient essentiellement de la contreperformance de : MAROC TELECOM (-2.51%), LAFARGEHOLCIM MAROC SA (-3.06%), CIMENTS DU MAROC (-4.08%), BMCI (-14.31%) et BANK OF AFRICA (-3.08%).
Atlas Maroc affiche une performance mensuelle de -0.46%, (YTD : -15.04%).
Les échanges sur le marché central ressortent en hausse par rapport au mois dernier. La moyenne quotidienne se situe à 46 millions MAD.
Facts & Documents
Facts
Fund Domicile: France
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:
France
Identifiers:
Atlas Maroc
ISIN: FR0010015016
Ticker: ATMARII FP Equity
Launch: 5 Dec 2003