Mixed fund (UCITS)
Mixed UCITS combine equities (20 to 60%) and bonds (40 to 80%). They offer a yield/risk compromise with lower volatility than a pure equity fund while capturing part of stock market performance.
Key characteristics
Annual yield
4-7%
Entry ticket
1 000 MAD
Horizon
3 to 8 years
Risk
3/5
Liquidity
Short (days)
How it works
Manager continuously adjusts equity/bond allocation per outlook. Some funds are 'prudent' (max 30% equities), others 'balanced' (50/50), others 'dynamic' (60% equities).
Advantages
- Yield/risk compromise
- Broad diversification (equities + bonds)
- Professional allocation
- Moderate volatility
Disadvantages
- Capped return vs 100% equity fund
- Management fees 1 to 2%
- Variable performance per manager
2026 taxation
Mixed taxation per composition: 15% on bond pocket, 20% on equity pocket.
For whom?
Savers wanting to energize their savings without suffering pure equity volatility. Ideal for first experience of risky investment.