Africaine de Gestion d’Actifs (AGA) launched three new mutual funds on September 30, 2026, in Cotonou, Benin. The ceremony, held at the Sofitel Cotonou Marina Hotel & Spa, marked a significant expansion of AGA's investment offerings. The new funds, namely AGA Trésoactiv, AGA Obligations, and AGA Elite, cater to diverse investor needs, ranging from short-term placements to long-term investments. This brings the total number of funds offered by AGA to five.
The new funds are designed to meet specific investment goals and horizons. AGA Trésoactiv targets companies and institutions seeking to place their cash surpluses over a recommended three-month period. AGA Obligations focuses on bonds and other debt securities from the West African Economic and Monetary Union (UMOA), with a suggested investment horizon of three years. AGA Elite, invested in companies listed on the Bourse Régionale des Valeurs Mobilières (BRVM), is geared towards investors with a five-year horizon.
According to AGA, the new funds have distinct performance objectives. AGA Trésoactiv aims for an annual management objective of 5.50%, while AGA Obligations targets 6%, and AGA Elite seeks 15% over their respective investment horizons. However, AGA emphasizes that these objectives do not guarantee returns. The new offerings complement two existing funds launched in 2019: AGA Confort Plus and AGA Capital Plus.
The existing funds have demonstrated strong performance. AGA Confort Plus, with a bond-dominated portfolio, has recorded a cumulative increase of 54.5% since its inception. AGA Capital Plus, a diversified fund, has seen a cumulative rise of 66.5%. These figures are based on data up to June 30, 2026. Malick Amadou, AGA's Managing Director, stated that the new funds address various investor needs, providing a response to each investment horizon.
AGA, authorized by the UMOA's Financial Markets Authority since 2018, has been operating in Cotonou since 2022. The company now boasts assets under management of 35 billion CFA francs, up from less than 6 billion at the end of 2022. The launch of the new funds coincides with the growth of the regional financial market, which has seen increased diversification of products.
The regional financial market continues to evolve, with a focus on developing new products to expand investor options. In 2025, the BRVM reported a record 4,204.7 billion CFA francs in resources mobilized on the regional financial market. The diversification also extends to collective investment schemes. In June 2026, the AMF-UMOA approved the FCP SOAGA Épargne Souveraine, a fund focused on debt securities and money market instruments.
The launch of AGA's new funds was followed by a panel discussion on mutual funds, titled "Capital in Motion: FCPs, a Lever for Diversification." The discussion, featuring Malick Amadou, Gaston de Souza, and Adjaratou Lawani, explored topics such as diversification, transparency, and trust between asset managers and investors. The event brought together the perspectives of an asset manager, an institutional investor, and a private investor.
Key points
- AGA has expanded its offerings to five mutual funds, catering to diverse investor needs and horizons.
- The new funds aim to provide a range of investment options, from short-term placements to long-term investments.
- AGA's assets under management have grown significantly, reaching 35 billion CFA francs.
