SICAV Growth is an investment package that allows you to invest on variable-income securities (shares).
Who could benefit from it?
Any physical person or company who holds a checking or deposit account at Banque de Tunisie.
The minimum recommended period is mid-term (more than 2 years).
You should subscribe and redeem shares at your Banque de Tunisie branch at an unknown liquidating value calculated on the basis of average rate of daily trading hours.
The daily liquidating value of SICAV Growth can increase or decrease according to the portfolio composition of the SICAV and stock market situation.
Through annual dividends and possibly achieved gains.
Gains are tax-exempt but should be reported according to ordinary tax regime.
Gains are tax-exempt for physical person and subject to corporate taxes for companies.
They should be reported according to ordinary tax regime.
For more details, Please consult your advisor at your Banque de Tunisie branch.