United Gulf Financial Services North Africa
AUM : $85 million
United Gulf Financial Services-North Africa, established on November 2008, is an asset management company licensed by and working under the control of Tunisian Capital Market Authorities CMF. We offer a comprehensive access to the Tunisian financial market.
We provide services through our different business platforms: private equity, asset management, advisory and corporate finance.
Our clients are investors such as individuals, corporations and financial institutions.
We believe in innovation, bold ideas and help entrepreneurs to launch their new business initiatives and support all stages of company development. We ensure each client receives insightful advices tailored to deliver the best individual solutions. We only invest in companies that we believe make positive contribution to the Tunisian economy.
Our Funds
Theemar investment fund is the biggest Shariaa compliant SMEs fund with a size of 50 million tunisian dinars.
Theemar stakeholders : TIB, ICD, CDC.
Theemar and BFPME signed an agreement to enter into a strategic partnership with the intention to support projects of common interest which contribute to the economic and social development.
Tunisian Development Fund is a closed fund “FCPR” with a size of 10 million tunisian dinars. The fund invest in companies with strong growth potential implemented in regional development areas and focus mainly on pharmaceutical, telecommunications, technology and services sectors.
TDF l has been subscribed for TND 9,5 Millions by the following investors: ATB, Biat, Bank of Tunisia, Amen Bank, UGB, Maghrebia insurance.
Tunisian Development Fund ll is a private Equity Fund Shariaa Compliant with a size of 20 million dinars, aiming to support Small and Medium Enterprises located in regional development areas.
TDF ll stakeholders: Al Baraka Bank, Maghrebia insurance, Maghrebia Vie, ATB.
The Fund has been incepted in March 2013.
Capitalease is a Seed Fund that provides funding to start‐ups and young and talented promoters to grow in a very early stage. The fund targets innovative business sectors and ideas.
The fund is structured in partnership with the first private Business Incubator in Tunisia wiki startup and the first Business Angel association in Tunisia.
Assets under management: 1 MTND
Startup Factory is a seed Fund that provides funding for innovative young entrepreneurs in ICT field to finalize their business plan, feasibility studies and intellectual property protection in the early stage of the Project.
Startup Factory is backed up by Ooredoo (Telecom Operator) and has developed partnership with NPDs, IT companies (GIZ, Microsoft, Education for Employment…)
Assets under management: 2.5 MTND
www.Startupfactory.tn
UGFS‐NA Offers discretionary portfolio that invests in Tunisia in shares of listed companies, local mutual funds, and fixed income financial products.
Asset Under Management: 10 MTND
We offer 3 different profiles:
– Dynamic: 80% equities ‐ 20% bonds
– Balanced : 50% equities ‐ 50% bonds
– Prudent: 20% equities ‐ 80% bonds
UGFS‐NA offers also a custom made product taking into account the limitations of the customer.
Tunisian Equity Fund is a mutual fund that invests up to 80% in shares of Tunisian listed companies in order to achieve long‐term capital appreciation.
Management Policy: The investment strategy aims at long term capital gains with minimum possible risk.
Assets Under Management: 4.2 MTND.
Objective: To provide investors with high returns by investing the funds’ assets in local securities that are listed on the Tunisian Stock Exchange.
Weekly Net Asset Value: Every Monday from 9 to 15
Tunisian Prudence Fund (TPF) is a prudent mutual fund that invests up to 80% in bonds in order to achieve a stable yield with acceptable performance in length and middle term. The remaining 20% are reserved of being invested in the most active shares of Tunisian listed companies and in the new introductions of the market, to take advantage of the important increases.
TPF concerns the investors seeking a low level of risk.
Assets under management: 3.3 MTND
Daily Net Asset Value: from 9 to 15
Managed in accordance with the precepts of Islamic Sharia, the objective of UGFS Islamic Fund is to provide its investors with the benefits of collective management, while respecting Islamic principles. It is subject to review by a shariaa committee.
CEA Islamic fund targets customers wishing to take advantage of tax benefits by making mediumterm investment in shares of listed companies. Such companies must comply with Sharia and having growth potential. CEA Islamic Fund is subject to review by a sharia committee.
