AFG GOV BOND FUND

Medium and long-term bond fund managed by AFG ASSET MANAGEMENT, benchmarked against MBI GLOBAL.

Managed by AFG Asset Management: see its asset manager page

Classification
Medium and long-term bond
AuM
2.6 bn MAD
Holdings
27
Fund vs its benchmark

AFG GOV BOND FUND vs MBI GLOBAL

Comparison at the same NAV date (weekly NAV convention for Moroccan funds).

PeriodFundBenchmarkSpread
2026 (YTD)−1.0%+0.4%−1.4 pts
1 year−2.6%+0.3%−2.9 pts
3 years+19.4%+17.1%+2.3 pts
5 years+22.4%+20.5%+1.9 pts

As of August 21, 2026, AFG GOV BOND FUND posts −1.0% year to date, versus +0.4% for its benchmark MBI GLOBAL, an underperformance of 1.4 points. Over three years, the fund shows +19.4% versus +17.1% for the index. The fund represents 30 bps of the Moroccan fund market.

Performance

Net return of the fund

Based on the net asset value. As of August 21, 2026. Click a period to update the chart.

from Dec 30, 2025 to Aug 27, 2026
Net asset value trend
Composition

Where the fund is invested

Top positions as of December 31, 2025 (latest published inventory). The full 27-holding breakdown is for subscribers.

Top 3 holdings
BDT 15Y @3.65% - 2040
8.9%
FCP Alpha Secure Fund
7.6%
BDT 15Y @4.75% - 2040
7.6%
Full inventory for subscribers
Top 3 sectors
Government
73.4%
Diversified
24.4%
Real Estate
1.7%
More sectors for subscribers

GICS sector classification, computed on the fund's latest published inventory.

Fees

AFG GOV BOND FUND fees

Management, subscription and redemption fees.

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For subscribers
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Risk analysis

Volatility, Sharpe, drawdown

Risk metrics and tracking error vs the benchmark.

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For subscribers
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Ranking

AFG GOV BOND FUND ranking

Fund's rank by performance: across the whole market, within its asset class, and among funds tracking the same benchmark.

Overall ranking
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Medium and long-term bond class ranking
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vs benchmark ranking
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For subscribers
See plans
Market share

AFG GOV BOND FUND's weight

Fund assets relative to total market assets.

Total fund market
30 bps
0.3% of the fund market
Medium and long-term bond class
72 bps
0.7% of the medium and long-term bond class
Similar funds

Funds comparable to AFG GOV BOND FUND

Other Moroccan funds to explore, with their asset manager and assets under management.

FAQ

Frequently asked questions about AFG GOV BOND FUND

What is the net asset value (NAV) of AFG GOV BOND FUND?
As of August 27, 2026, the net asset value of AFG GOV BOND FUND stands at 1,224 MAD.
What is the performance of AFG GOV BOND FUND in 2026?
As of August 21, 2026, AFG GOV BOND FUND is showing a −1.0% performance since the start of 2026.
What is the benchmark index of AFG GOV BOND FUND?
The benchmark index of AFG GOV BOND FUND is the MBI GLOBAL.
How much does AFG GOV BOND FUND have under management?
As of August 21, 2026, AFG GOV BOND FUND holds 2.6 bn MAD in assets under management, or 30 bps of the Moroccan mutual fund (OPCVM) market.
What does AFG GOV BOND FUND invest in?
As of December 31, 2025, the portfolio of AFG GOV BOND FUND holds 27 lines. Its three largest positions are BDT 15Y @3.65% - 2040 (8.9%), FCP Alpha Secure Fund (7.6%) and BDT 15Y @4.75% - 2040 (7.6%).
Who manages AFG GOV BOND FUND?
AFG GOV BOND FUND is a fund in the medium and long-term bond (OMLT) category, managed by AFG ASSET MANAGEMENT.
What are the fees of AFG GOV BOND FUND?
Management, subscription and redemption fees for AFG GOV BOND FUND are detailed in the Yuna subscriber area.
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Data updated automatically · last update: August 21, 2026

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