Our Fund

AFRICA PICKING FUND is a mutual fund
established under French law and regulated by AMF

AFRICA PICKING FUND is a mutual fund established under French law and regulated by AMF

The fund invests at least 60% of its assets in listed equity.

AFRICA PICKING FUND invests on all African Exchanges and can also invest in companies listed in non-Africa markets but with large exposures to Africa.

Our benchmark index is the MSCI-Africa ex South Africa.

Documents to download

Disclaimer:
This mutual fund is subject to specific risks detailed in its prospectus including notably the risk of a capital loss. For any additional information and before subscribing to the fund, the potential investor must read the DICI and prospectus. The Fund is targeting investors aware of the risks related to the investment strategy.

 

Characteristics of the fund

Legal form: French Law Mutual fund
Classification : International Equities
ISIN : FR0011884550
Custodian : CACEIS (France)
Valuation : CACEIS (France)
Benchmark : MSCI Emerging Frontier Markets Africa ex South Africa, net dividend reinvested, in euros.
Risk level:  4 on a scale from 1 to 7
Valuation frequency and currency : Weekly (Euro)
Minimum investment period: over 5 years
Fund manager : HMG FINANCE (AMF licence n°GP 91017)

Les frais du fonds AFRICA PICKING FUND

  • Entrance fees : 0%
  • Exit fees : 0%
  • Fixed management fees : 2,5% TTC Max

A redemption commission, entirely acquired by the fund, set at 2%, will be levied in the event of an individual request for massive redemption from a unitholder (defined here as equal to or greater than 5% of the fund’s assets) if a 5 trading days’ notice has not been respected.

For more details on fees, we invite you to consult the KIID and the prospectus of the UCITS.

Disclaimer:
This mutual fund is subject to specific risks detailed in its prospectus including notably the risk of a capital loss. For any additional information and before subscribing to the fund, the potential investor must read the DICI and prospectus. The Fund is targeting investors aware of the risks related to the investment strategy.

How subscribe to the AFRICA PICKING FUND

Independent Wealth Managers

Our Fund is listed on life-insurance platforms targeting the French market. Contact us for more details.

Institutional investors

Buy and sell orders are managed by BNP Paribas Securities Services every trading day before 12pm and are executed based on the next weekly NAV. Buy and sell order received after 12pm will be executed based on the NAV valid for the following day.

BNP PARIBAS SECURITIES SERVICES
Les Grands Moulins de Pantin
9, rue du Débarcadère
93500 Pantin

Retail investors

You can subscribe to AFRICA PICKING FUND through your financial adviser or your bank using the fund ISIN: FR0011884550.