AFG INCOME 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
1.1 bn MAD
Holdings
25
Fund vs its benchmark

AFG INCOME 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−2.5%+0.3%−2.8 pts
3 years+18.3%+17.1%+1.2 pts
5 years+20.8%+14.1%+6.7 pts

As of August 21, 2026, AFG INCOME 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 +18.3% versus +17.1% for the index. The fund represents 13 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 25-holding breakdown is for subscribers.

Top 3 holdings
BDT 10Y @4.20% - 2033
12.5%
BDT 20Y @5.95% - 2026
10.8%
FCP AFG Active Bond Fund
9.0%
Full inventory for subscribers
Top 3 sectors
Government
62.1%
Diversified
17.5%
Financials
7.5%
More sectors for subscribers

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

Fees

AFG INCOME FUND fees

Management, subscription and redemption fees.

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For subscribers
See plans
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 INCOME 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 INCOME FUND's weight

Fund assets relative to total market assets.

Total fund market
13 bps
0.1% of the fund market
Medium and long-term bond class
31 bps
0.3% of the medium and long-term bond class
Similar funds

Funds comparable to AFG INCOME FUND

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

FAQ

Frequently asked questions about AFG INCOME FUND

What is the net asset value (NAV) of AFG INCOME FUND?
As of August 27, 2026, the net asset value of AFG INCOME FUND stands at 2,425 MAD.
What is the performance of AFG INCOME FUND in 2026?
As of August 21, 2026, AFG INCOME FUND is showing a −1.0% performance since the start of 2026.
What is the benchmark index of AFG INCOME FUND?
The benchmark index of AFG INCOME FUND is the MBI GLOBAL.
How much does AFG INCOME FUND have under management?
As of August 21, 2026, AFG INCOME FUND holds 1.1 bn MAD in assets under management, or 13 bps of the Moroccan mutual fund (OPCVM) market.
What does AFG INCOME FUND invest in?
As of December 31, 2025, the portfolio of AFG INCOME FUND holds 25 lines. Its three largest positions are BDT 10Y @4.20% - 2033 (12.5%), BDT 20Y @5.95% - 2026 (10.8%) and FCP AFG Active Bond Fund (9.0%).
Who manages AFG INCOME FUND?
AFG INCOME FUND is a fund in the medium and long-term bond (OMLT) category, managed by AFG ASSET MANAGEMENT.
What are the fees of AFG INCOME FUND?
Management, subscription and redemption fees for AFG INCOME FUND are detailed in the Yuna subscriber area.
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Data updated automatically · last update: August 21, 2026

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