FH2 OBLIGATAIRE DYNAMIQUE

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

Managed by Upline Capital Management: see its asset manager page

Classification
Medium and long-term bond
AuM
3.2 bn MAD
Holdings
30
Fund vs its benchmark

FH2 OBLIGATAIRE DYNAMIQUE vs MBI GLOBAL

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

PeriodFundBenchmarkSpread
2026 (YTD)−0.1%+0.4%−0.5 pts
1 year−0.2%+0.2%−0.4 pts
3 years+14.7%+17.1%−2.4 pts
5 years+14.1%+14.1%−0.0 pts

As of August 21, 2026, FH2 OBLIGATAIRE DYNAMIQUE posts −0.1% year to date, versus +0.4% for its benchmark MBI GLOBAL, an underperformance of 0.5 points. Over three years, the fund shows +14.7% versus +17.1% for the index. The fund represents 37 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 26, 2025 to Aug 24, 2026
Net asset value trend
Composition

Where the fund is invested

Top positions as of December 31, 2025 (latest published inventory). The full 30-holding breakdown is for subscribers.

Top 3 holdings
BDT 10Y @3.55% - 2035
12.6%
BDT 5Y @2.00% - 2027
12.0%
BDT 20Y @4.60% - 2044
9.6%
Full inventory for subscribers
Top 3 sectors
Government
92.3%
Cash & Equivalents
7.7%

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

Fees

FH2 OBLIGATAIRE DYNAMIQUE 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

FH2 OBLIGATAIRE DYNAMIQUE 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
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Market share

FH2 OBLIGATAIRE DYNAMIQUE's weight

Fund assets relative to total market assets.

Total fund market
37 bps
0.4% of the fund market
Medium and long-term bond class
88 bps
0.9% of the medium and long-term bond class
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FAQ

Frequently asked questions about FH2 OBLIGATAIRE DYNAMIQUE

What is the net asset value (NAV) of FH2 OBLIGATAIRE DYNAMIQUE?
As of August 24, 2026, the net asset value of FH2 OBLIGATAIRE DYNAMIQUE stands at 1,223 MAD.
What is the performance of FH2 OBLIGATAIRE DYNAMIQUE in 2026?
As of August 21, 2026, FH2 OBLIGATAIRE DYNAMIQUE is showing a −0.1% performance since the start of 2026.
What is the benchmark index of FH2 OBLIGATAIRE DYNAMIQUE?
The benchmark index of FH2 OBLIGATAIRE DYNAMIQUE is the MBI GLOBAL.
How much does FH2 OBLIGATAIRE DYNAMIQUE have under management?
As of August 21, 2026, FH2 OBLIGATAIRE DYNAMIQUE holds 3.2 bn MAD in assets under management, or 37 bps of the Moroccan mutual fund (OPCVM) market.
What does FH2 OBLIGATAIRE DYNAMIQUE invest in?
As of December 31, 2025, the portfolio of FH2 OBLIGATAIRE DYNAMIQUE holds 30 lines. Its three largest positions are BDT 10Y @3.55% - 2035 (12.6%), BDT 5Y @2.00% - 2027 (12.0%) and BDT 20Y @4.60% - 2044 (9.6%).
Who manages FH2 OBLIGATAIRE DYNAMIQUE?
FH2 OBLIGATAIRE DYNAMIQUE is a fund in the medium and long-term bond (OMLT) category, managed by UPLINE CAPITAL MANAGEMENT.
What are the fees of FH2 OBLIGATAIRE DYNAMIQUE?
Management, subscription and redemption fees for FH2 OBLIGATAIRE DYNAMIQUE are detailed in the Yuna subscriber area.
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Data updated automatically · last update: August 21, 2026

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