AIRLINES FCP VALEURS CEA is a unit trust investing in both stocks and bonds. The fund is dedicated to the "Personnel Navigant Technique" (Technical employees of airline companies like pilotes, engenieers...etc) of flag carrierTUNISAIR. The fund benefits of the fiscal advantages under CEA TUNISAIR GROUPE, the fund that Tunisair company set up exclusively for its employees.
Prior to their investment in AIRLINES FCP VALEURS CEA , investors holding a tax advantage account (CEA account) have to sign an application whereby they transfer their accounts to CEA TUNISAIR GROUPE fund. Applications can be withdrawn from TUNISAIR's administration.
The asset allocation of AIRLINES FCP VALEURS CEA will be as follows:
80% as minimum assets will be invested in listed stocks.
The remainder will be invested in Government Bonds (BTA bonds).
Cash position can not exceed 2% of total assets as stated in Tunisian unit trust laws.
value in TND
Million Tunisian Dinars
of assets under management
AIRLINES FCP VALEURS CEA
The fund is dedicated to the "Personnel Navigant Technique" (Technical employees of airline companies like pilotes, engenieers...etc) of flag carrier TUNISAIR.
In 2019, the net return of the fund stood at -4.06%.