Mutual fund Investments
Through the creation of our 2 mutual funds, the details of which can be found below, FCP Elite Capital Invest (Bond Fund) and FCP Elite Capital Record (monetary Fund), we offer investors a range of investment opportunities in diversified portfolios with increasing returns. Investors are full owners of the funds thus created and have the option of integrating or redeeming their shares (acquired right to the fund) at their convenience.
| Name of the UCITS | Elite Capital Record |
| Type of UCITS | Mutual Fund (MF) |
| Nature of MF | Monetary |
| COSUMAF Approval Nature | COSUMAF-FCP-03/2022 |
| Custodian | Afriland First Bank |
| Net Asset Value (NAV) Calculation Method | Weekly |
| Recommended minimum investment period | 1 year, renewable |
| Minimum yield | 5% net per year |
| Name of the UCITS | Elite Capital Invest |
| Type of UCITS | Mutual Fund (MF) |
| Nature of MF | Bond |
| COSUMAF Approval Nature | COSUMAF-FCP-02/2022 |
| Custodian | Afriland First Bank |
| Net Asset Value (NAV) Calculation Method | Weekly |
| Recommended minimum investment period | 2 to 4 years, renewable |
| Minimum yield | 6% net per year |
* The costs of underwriting and management are negotiable
Advantages of Mutual Funds
In general, MFs have the following advantages:
- They make it easier to access financial markets ;
- They are instruments of diversification of the assets invested ;
- They are used to adapt the investment according to the risk profile chosen ;
- They have a good securities liquidity ratio;
- They connect investors with qualified managers ;
- They allow you to get some tax benefits.