FH2 OBLIGATAIRE DYNAMIQUE IV

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

Managed by Wafa Gestion: see its asset manager page

Classification
Medium and long-term bond
AuM
2.0 bn MAD
Holdings
23
Fund vs its benchmark

FH2 OBLIGATAIRE DYNAMIQUE IV vs MBI GLOBAL

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

PeriodFundBenchmarkSpread
2026 (YTD)+0.3%+0.4%−0.2 pts
1 year−0.1%+0.2%−0.3 pts
3 years−1.9%+6.1%−8.0 pts
5 years−1.9%+6.1%−8.0 pts

As of August 21, 2026, FH2 OBLIGATAIRE DYNAMIQUE IV posts +0.3% year to date, versus +0.4% for its benchmark MBI GLOBAL, an underperformance of 0.2 points. Over three years, the fund shows −1.9% versus +6.1% for the index. The fund represents 24 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 23-holding breakdown is for subscribers.

Top 3 holdings
BDT 15Y @4.90% - 2038
14.1%
BDT 5Y @3.50% - 2029
13.4%
BDT 30Y @5.50% - 2054
11.5%
Full inventory for subscribers
Top 3 sectors
Government
100.0%
Cash & Equivalents
0.0%

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

Fees

FH2 OBLIGATAIRE DYNAMIQUE IV 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 IV 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 IV's weight

Fund assets relative to total market assets.

Total fund market
24 bps
0.2% of the fund market
Medium and long-term bond class
56 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 IV

What is the net asset value (NAV) of FH2 OBLIGATAIRE DYNAMIQUE IV?
As of August 24, 2026, the net asset value of FH2 OBLIGATAIRE DYNAMIQUE IV stands at 141.18 MAD.
What is the performance of FH2 OBLIGATAIRE DYNAMIQUE IV in 2026?
As of August 21, 2026, FH2 OBLIGATAIRE DYNAMIQUE IV is showing a +0.3% performance since the start of 2026.
What is the benchmark index of FH2 OBLIGATAIRE DYNAMIQUE IV?
The benchmark index of FH2 OBLIGATAIRE DYNAMIQUE IV is the MBI GLOBAL.
How much does FH2 OBLIGATAIRE DYNAMIQUE IV have under management?
As of August 21, 2026, FH2 OBLIGATAIRE DYNAMIQUE IV holds 2.0 bn MAD in assets under management, or 24 bps of the Moroccan mutual fund (OPCVM) market.
What does FH2 OBLIGATAIRE DYNAMIQUE IV invest in?
As of December 31, 2025, the portfolio of FH2 OBLIGATAIRE DYNAMIQUE IV holds 23 lines. Its three largest positions are BDT 15Y @4.90% - 2038 (14.1%), BDT 5Y @3.50% - 2029 (13.4%) and BDT 30Y @5.50% - 2054 (11.5%).
Who manages FH2 OBLIGATAIRE DYNAMIQUE IV?
FH2 OBLIGATAIRE DYNAMIQUE IV is a fund in the medium and long-term bond (OMLT) category, managed by WAFA GESTION.
What are the fees of FH2 OBLIGATAIRE DYNAMIQUE IV?
Management, subscription and redemption fees for FH2 OBLIGATAIRE DYNAMIQUE IV are detailed in the Yuna subscriber area.
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Data updated automatically · last update: August 21, 2026

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