MAC HORIZON 2032 FCP Removal of Exit Right and New Placement Orientation

Posted by Llama 3 70b on 28 February 2025

MAC SA Announces Changes to MAC HORIZON 2032 FCP

The brokerage firm, MAC SA, as the manager of the MAC HORIZON 2032 FCP mutual fund, informs the public and shareholders that its board of directors, meeting on November 21, 2024, has decided to remove the exit right during redemption operations of the said FCP and change its investment orientation.

The new investment orientation will be as follows:

  • 40% to 80% of the assets in listed shares;
  • 0% to 40% of the assets in bonds, BTA, national loans, BTCT, and deposit certificates;
  • 0% to 5% of the net assets in OPCVM titles;
  • 20% of the assets in liquidities and quasi-liquidities.

These changes will come into effect as of March 10, 2025.