FH2 OBLIGATAIRE DYNAMIQUE II

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

Managed by Bmce Capital Gestion: see its asset manager page

Classification
Medium and long-term bond
AuM
2.1 bn MAD
Holdings
24
Fund vs its benchmark

FH2 OBLIGATAIRE DYNAMIQUE II vs MBI GLOBAL

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

PeriodFundBenchmarkSpread
2026 (YTD)+0.1%+0.4%−0.4 pts
1 year−0.3%+0.2%−0.4 pts
3 years+23.0%+6.4%+16.5 pts
5 years+23.0%+6.4%+16.5 pts

As of August 21, 2026, FH2 OBLIGATAIRE DYNAMIQUE II posts +0.1% year to date, versus +0.4% for its benchmark MBI GLOBAL, an underperformance of 0.4 points. Over three years, the fund shows +23.0% versus +6.4% for the index. The fund represents 25 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 24-holding breakdown is for subscribers.

Top 3 holdings
Liquidité
11.3%
Tresor FLTG 6Y - 2031
9.3%
BDT 15Y @3.70% - 2033
7.1%
Full inventory for subscribers
Top 3 sectors
Government
88.7%
Cash & Equivalents
11.3%

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

Fees

FH2 OBLIGATAIRE DYNAMIQUE II 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 II 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

FH2 OBLIGATAIRE DYNAMIQUE II's weight

Fund assets relative to total market assets.

Total fund market
25 bps
0.2% of the fund market
Medium and long-term bond class
59 bps
0.6% of the medium and long-term bond class
Similar funds

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FAQ

Frequently asked questions about FH2 OBLIGATAIRE DYNAMIQUE II

What is the net asset value (NAV) of FH2 OBLIGATAIRE DYNAMIQUE II?
As of August 24, 2026, the net asset value of FH2 OBLIGATAIRE DYNAMIQUE II stands at 1,230 MAD.
What is the performance of FH2 OBLIGATAIRE DYNAMIQUE II in 2026?
As of August 21, 2026, FH2 OBLIGATAIRE DYNAMIQUE II is showing a +0.1% performance since the start of 2026.
What is the benchmark index of FH2 OBLIGATAIRE DYNAMIQUE II?
The benchmark index of FH2 OBLIGATAIRE DYNAMIQUE II is the MBI GLOBAL.
How much does FH2 OBLIGATAIRE DYNAMIQUE II have under management?
As of August 21, 2026, FH2 OBLIGATAIRE DYNAMIQUE II holds 2.1 bn MAD in assets under management, or 25 bps of the Moroccan mutual fund (OPCVM) market.
What does FH2 OBLIGATAIRE DYNAMIQUE II invest in?
As of December 31, 2025, the portfolio of FH2 OBLIGATAIRE DYNAMIQUE II holds 24 lines. Its three largest positions are Liquidité (11.3%), Tresor FLTG 6Y - 2031 (9.3%) and BDT 15Y @3.70% - 2033 (7.1%).
Who manages FH2 OBLIGATAIRE DYNAMIQUE II?
FH2 OBLIGATAIRE DYNAMIQUE II is a fund in the medium and long-term bond (OMLT) category, managed by BMCE CAPITAL GESTION.
What are the fees of FH2 OBLIGATAIRE DYNAMIQUE II?
Management, subscription and redemption fees for FH2 OBLIGATAIRE DYNAMIQUE II are detailed in the Yuna subscriber area.
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Data updated automatically · last update: August 21, 2026

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