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 funds – UCAMWAL Bond Fund and the UCAMWAL Diversified Fund were launched in Abidjan, Côte d’Ivoire.
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.