United Capital Unveils Two New Mutual Funds To Empower Investors In Francophone West Africa

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United Capital Plc has officially commenced operations of its latest subsidiary, United
Capital Asset Management West Africa Limited (UCAMWAL) with the launch of two
CFA franc-denominated mutual funds: the UCAMWAL Bond Fund and the UCAMWAL
Diversified Fund, in Abidjan, Côte d’Ivoire. A statement explained that this milestone marks a significant step in the
Group’s strategic pan-African expansion and signals a kickstart of the operations of
the newly launched subsidiary.
The new mutual funds, denominated in CFA francs, represent a significant milestone in
UCAMWAL’s mission to deliver sophisticated yet accessible wealth management
solutions to investors throughout Francophone West Africa.
These products have been
carefully designed to meet the diverse needs of both individual and institutional
investors, offering tailored support to long-term wealth creation while addressing
varying risk appetites.
The funds will be available for intending customers across the eight member countries

• Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo
  within the WAEMU Region.
• The UCAMWAL Bond Fund is a low-risk, open-ended fund that focuses on fixedincome
  and money market instruments, making it ideal for steady capital
  preservation and long-term wealth building. This fund is particularly suited for
  conservative investors who prioritize capital preservation while seeking steady,
  consistent returns.
• The UCAMWAL Diversified Fund provides investors with a balanced risk
  approach through strategic allocation across multiple asset classes by
  investing across fixed income assets, money market instruments, and equities.
  It is targeted at investors seeking a balance of capital appreciation and
  income diversification over the long term.
  Commenting on the significance of the launch of the products, the Group Chief
  Executive Officer, Mr. Peter Ashade, had this to say:
  “This product launch signals the kick-off of the expansion of our pan-African footprint,
  starting with the WAEMU region. As a group, our mission is to shape a more financially
  inclusive and economically resilient Africa, for Africa by Africans. We are here to make
  a difference, and we are bringing our proven investment expertise into this market, to
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  support cross-border investment, and support Africa-driven prosperity.
  This is the beginning of a legacy, for wealth creation, financial empowerment, and a
  new chapter in Africa’s story of innovation, and enduring success.”
  The Director, Africa Operations at United Capital Plc, Mr. Ejikeme Okoli, shared the
  company’s long-term vision for the WAEMU region, saying:
  “Our expansion into WAEMU is about more than presence, it’s about impact. We’re
  building a truly Pan-African financial institution that partners with local economies to
  unlock long-term prosperity. Our strategy is not exploitative but collaborative and will
  harness local insights to create shared value. We aim to deliver tailored financial
  solutions, manage risk effectively, and drive inclusive growth across the region. I invite
  investors to join us on this journey of growth and empowerment, as we stay true to our
  promise of driving progress, delivering value, and powering economic improvement
  across Africa.”
  Also speaking at the launch, Labas Bamba, Managing Director of UCAMWAL, said:
  “Today marks a pivotal step in our mission to reshape asset and wealth management
  in Francophone West Africa. These funds are tailored to meet the distinct needs of our
  investors, blending global standards with local market insight. We recognize that every
  investor’s journey is unique, which is why our solutions are built to support diverse goals
  across different life and business stages.”
  The launch of these funds comes at a critical time for the WAEMU region, as
  governments and the private sector increasingly seek innovative solutions to mobilize
  domestic savings and channel them into productive investments. UCAMWAL’s entry
  into this market is expected to contribute significantly to the development of the
  region’s capital markets while providing investors with professionally managed
  alternatives to traditional savings instruments.
  Backed by a strong track record and trusted legacy of United Capital Plc, which
  manages nearly ₦2 trillion in assets and more than $500 million in mutual funds in
  Nigeria, UCAMWAL is positioned to become a leading investment partner for
  individuals, institutions, and governments across the WAEMU region.
  KEY HIGHLIGHTS
  v United Capital recently launched United Capital Asset Management West Africa
  Ltd (UCAMWAL), its first fully operational subsidiary in Francophone West Africa,
  headquartered in Abidjan, Côte d’Ivoire. The company is licensed to operate as a
  portfolio management company within the WAEMU region.
  v UCAMWAL is licensed by the Financial Markets Authority of the West African
  Economic & Monetary Union (AMF-UMOA), enabling operations across eight
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  WAEMU member countries – Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali,
  Niger, Senegal, and Togo.
  v The subsidiary will provide asset management services, including portfolio
  management, mutual funds, and financial advisory.
  v The newly launched mutual funds – UCAMWAL Diversified Fund and UCAMWAL
  Bond Fund are approved by the Financial Markets Authority of the West African
  Economic & Monetary Union (AMF-UMOA) and open for subscription to investors
  via www.unitedcapitalplcgroup.com/ucamwal

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