Post date
Nov 8, 2019
- Personal
- Private
- SME
- Corporate
- Institutional
- Rates & Fees
- MCB Offices
MCB Investment Management Co. Ltd makes its mark on African Fixed Income
MCB Investment Management Co. Ltd is pleased to report the excellent investment performance of the African Domestic Bond Fund, the first multijurisdictional fixed income Exchange Traded Fund in Africa, launched by MCB Investment Management Co. Ltd in partnership with the African Development Bank in September 2018.
ADBF aims to encourage government bond issuances in local currencies by giving investors access to this asset class through a cost effective vehicle listed on the Official Market of the Stock Exchange of Mauritius. Since launch, ADBF has generated a total return of 18.72% in USD which includes an income return of 11.47%.