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Securities market: BOA Capital Asset Management launches a recent mutual fund

13/02/2024
Source : ORISHAS FINANCE
Categories: Index/Markets

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Boa Capital Asset Management recently launched a mutual fund (FCP). It focused mainly on debt securities issued by government entities and other public or private loans

.

Boa Capital Asset Management has set as a reference index 85% of the interest rate for three-year Treasury Bonds (OATs), issued by Côte d'Ivoire, on the market for securities managed by the UMOA-Securities agency of the securities market in question, in order to measure the performance of the mutual fund. This choice allows it to define its own performance scale in a UEMOA bond market that does not yet have a unified index recognized by the entire financial community. The BOA Capital Asset Management initiative is in line with recent discussions in Cotonou (Benin) where key players in the UEMOA money market and experts emphasized the need to innovate to boost this

market segment.
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