{"id":138,"date":"2025-08-20T06:25:26","date_gmt":"2025-08-20T05:25:26","guid":{"rendered":"https:\/\/ligrade.com\/africa-bright\/?page_id=138"},"modified":"2025-10-10T03:28:08","modified_gmt":"2025-10-10T02:28:08","slug":"faq","status":"publish","type":"page","link":"https:\/\/africabright.com\/en\/faq\/","title":{"rendered":"FAQ"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"138\" class=\"elementor elementor-138\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-6289426 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6289426\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e6f292f\" data-id=\"e6f292f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-f0c0184 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f0c0184\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7eb4568\" data-id=\"7eb4568\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-53061e4 elementor-widget elementor-widget-elementskit-accordion\" data-id=\"53061e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"elementskit-accordion.default\">\n\t\t\t\t\t<div class=\"ekit-wid-con\" >\n        <div class=\"elementskit-accordion accoedion-primary\" id=\"accordion-69e0b7d4dce50\">\n\n            \n                <div class=\"elementskit-card active\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-0-53061e4\">\n                        <a href=\"#collapse-de4410269e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-de4410269e0b7d4dce50\" aria-expanded=\"true\" aria-controls=\"Collapse-de4410269e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Qu&#039;est-ce qu&#039;un OPCVM?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-de4410269e0b7d4dce50\" class=\"show collapse\" aria-labelledby=\"primaryHeading-0-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>Un OPCVM est un Organismes de Placement Collectif en Valeurs Mobili\u00e8res qui se pr\u00e9sente soit sous la forme de soci\u00e9t\u00e9 anonyme soit sous la forme de copropri\u00e9t\u00e9. Son activit\u00e9 consiste \u00e0 collecter aupr\u00e8s de leurs porteurs de parts (des personnes physiques et \/ ou morales) pour l\u2019investir sur les march\u00e9s financiers par l\u2019achat d\u2019actions, obligations, etc.\u2026<\/p><p>On distingue deux types d\u2019OPCVM :<\/p><ul><li>Les Fonds Communs de Placement (FCP) qui sont des copropri\u00e9t\u00e9s et \u00e9mettent des parts.<\/li><li>Les Soci\u00e9t\u00e9s d\u2019Investissement \u00e0 Capital Variable (SICAV) qui sont des soci\u00e9t\u00e9s anonymes et \u00e9mettant des actions.<\/li><\/ul>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-1-53061e4\">\n                        <a href=\"#collapse-4be90b869e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-4be90b869e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-4be90b869e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Qu&#039;est-ce qu&#039;une action?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-4be90b869e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-1-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>Une action est une fraction du capital d'une entreprise qui conf\u00e8re un droit de propri\u00e9t\u00e9 \u00e0 son d\u00e9tenteur. Chaque actionnaire est donc propri\u00e9taire, \u00e0 hauteur du nombre d\u2019actions qu\u2019il poss\u00e8de, d'une partie de l\u2019entreprise. Il existe deux (02) types d\u2019actions : les actions cot\u00e9es qui sont vendues \u00e0 la bourse et les actions non cot\u00e9es.<\/p><p>La quantit\u00e9 et la qualit\u00e9 des actions d\u00e9tenues dans une soci\u00e9t\u00e9 d\u00e9terminent notamment les droits de vote dans les assembl\u00e9es (et donc la participation aux d\u00e9cisions strat\u00e9giques) ou l'attribution de revenus financiers avantageux (ex. dividende major\u00e9).<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-2-53061e4\">\n                        <a href=\"#collapse-6cf4a1f69e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-6cf4a1f69e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-6cf4a1f69e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Qu&#039;est-ce qu&#039;une dividende?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-6cf4a1f69e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-2-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>Un dividende est un versement d'une entreprise \u00e0 ses actionnaires. Il est distribu\u00e9 \u00e0 ces derniers sur d\u00e9cision de l'assembl\u00e9e g\u00e9n\u00e9rale et est g\u00e9n\u00e9ralement vers\u00e9 une fois par an.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-3-53061e4\">\n                        <a href=\"#collapse-9c5252069e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-9c5252069e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-9c5252069e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Quelle est la diff\u00e9rence entre un OPCVM de capitalisation et un OPCVM de distribution?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-9c5252069e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-3-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>Un OPCVM de capitalisation est celui dont les revenus g\u00e9n\u00e9r\u00e9s par son portefeuille (dividendes, coupons et int\u00e9r\u00eats essentiellement) sont int\u00e9gr\u00e9s dans le capital, tandis que pour un OPCVM de distribution, les revenus sont redistribu\u00e9s \u00e0 date fixe sous forme de dividendes.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-4-53061e4\">\n                        <a href=\"#collapse-cdba35e69e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-cdba35e69e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-cdba35e69e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Qu&#039;est-ce qu&#039;une souscription ?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-cdba35e69e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-4-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>C'est l'achat d'actions ou d'obligations lors d'une \u00e9mission, ou de parts \/ actions d\u2019OPCVM.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-5-53061e4\">\n                        <a href=\"#collapse-75f979969e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-75f979969e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-75f979969e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Qu&#039;est-ce qu&#039;un rachat ?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-75f979969e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-5-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>Le terme \u00ab Rachat \u00bb correspond \u00e0 une op\u00e9ration initi\u00e9e \u00e0 la demande du souscripteur (personne d\u00e9tenant des parts d\u2019OPCVM) qui souhaite obtenir le remboursement de tout ou partie du capital qu\u2019il a investi. Ce dernier effectue alors une vente de ses parts ou actions d\u2019OPCVM. Le rachat est payable s\u00e9ance tenante.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-6-53061e4\">\n                        <a href=\"#collapse-426323e69e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-426323e69e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-426323e69e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Qu&#039;est-ce qu&#039;une valeur liquidative ?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-426323e69e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-6-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>La Valeur Liquidative (VL) est le prix ou cours d\u2019une part \/ action d\u2019OPCVM. C\u2019est la valeur de l\u2019actif net du fonds \u00e0 une date donn\u00e9e rapport\u00e9e au nombre de parts du FCP \u00e0 cette m\u00eame date. C\u2019est sur cette base que sont effectu\u00e9s les souscriptions et rachats.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-7-53061e4\">\n                        <a href=\"#collapse-af5388869e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-af5388869e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-af5388869e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">A quoi sert une valeur liquidative ?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-af5388869e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-7-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>La Valeur Liquidative permet de valoriser son investissement. Elle sert de base de calcul pour la d\u00e9termination de la valeur de souscription ou de rachat des parts \/ actions de l\u2019OPCVM.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-8-53061e4\">\n                        <a href=\"#collapse-52114db69e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-52114db69e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-52114db69e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Comment calculer la valeur liquidative ?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-52114db69e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-8-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>La VL est obtenue en divisant la valeur globale de l'actif net de l'OPCVM par le nombre de parts ou d'actions souscrites. La valeur globale de l\u2019actif net est \u00e9gale \u00e0 la valorisation de chacune des valeurs d\u00e9tenues en portefeuille, d\u00e9duction faite des d\u00e9penses et des frais de l\u2019OPCVM.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-9-53061e4\">\n                        <a href=\"#collapse-eba580269e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-eba580269e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-eba580269e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">C&#039;est quoi une commission de rachat ?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-eba580269e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-9-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>La commission de rachat aussi appel\u00e9 le droit de sortie, est le montant pr\u00e9lev\u00e9e sur la cession lors du rachat. Le montant de cette commission est connu \u00e0 l\u2019avance et est soit forfaitaire ou calcul\u00e9 en pourcentage du montant rachet\u00e9.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-10-53061e4\">\n                        <a href=\"#collapse-384177269e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-384177269e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-384177269e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Qu&#039;est-ce que la bourse?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-384177269e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-10-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>La Bourse ou bourse de valeur mobili\u00e8re est un march\u00e9 financier, c'est-\u00e0-dire un lieu o\u00f9 l'on \u00e9change des titres de soci\u00e9t\u00e9s. Elle favorise des conditions de s\u00e9curit\u00e9 satisfaisante pour l'acheteur et le vendeur lors des \u00e9changes et est g\u00e9n\u00e9ralement surveill\u00e9e par un r\u00e9gulateur qui assure sa neutralit\u00e9 de fonctionnement (\u00e9quit\u00e9 de traitement des investisseurs), la bonne circulation des informations (communiqu\u00e9s) et la police du march\u00e9 si n\u00e9cessaire (notifications, enqu\u00eates, sanctions).<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-11-53061e4\">\n                        <a href=\"#collapse-0107ace69e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-0107ace69e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-0107ace69e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Qu&#039;est-ce qu&#039;un club d&#039;investissement ?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-0107ace69e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-11-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>Un club d'investissement est un ensemble de particuliers qui mutualise leur \u00e9pargne afin de constituer et de g\u00e9rer ensemble un portefeuille collectif de valeurs mobili\u00e8res (actions, obligations, \u2026). Le club d\u2019investissement se cr\u00e9e pour une p\u00e9riode maximale de 5 ans, sans formalisme administratif et sous la forme d'une indivision.<\/p><p>Au-del\u00e0 de la constitution d'un capital, l'objectif d'un club d\u2019investissement est aussi de permettre \u00e0 ses membres d'acqu\u00e9rir, par la pratique, des connaissances \u00e9conomiques, financi\u00e8res et boursi\u00e8res.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-12-53061e4\">\n                        <a href=\"#collapse-4a7b0a469e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-4a7b0a469e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-4a7b0a469e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Qu&#039;est-ce qu&#039;un march\u00e9 financier ?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-4a7b0a469e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-12-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>Un march\u00e9 financier est un march\u00e9 sur lequel sont n\u00e9goci\u00e9s des titres financiers, mati\u00e8res premi\u00e8res et autres actifs, \u00e0 des prix qui refl\u00e8tent l'offre et la demande. Il se d\u00e9compose en deux grands segments\u00a0:<\/p><ul><li>Le march\u00e9 primaire o\u00f9 sont vendus et achet\u00e9s les nouvelles actions et obligations \u00e9mise. On parle de march\u00e9 de l\u2019\u00e9mission.<\/li><li>Le march\u00e9 secondaire o\u00f9 s'\u00e9changent les titres d\u00e9j\u00e0 \u00e9mis. C\u2019est ce march\u00e9 secondaire qui est repr\u00e9sent\u00e9 par les bourses de valeurs mobili\u00e8res (bourses)<\/li><\/ul>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-13-53061e4\">\n                        <a href=\"#collapse-193012f69e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-193012f69e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-193012f69e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Qu&#039;est-ce qu&#039;un cours de bourse ?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-193012f69e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-13-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>Le cours de bourse ou cours boursier correspond au prix d'un titre \u2013 d\u00e9termin\u00e9e par la confrontation entre l\u2019offre (vente) et la demande (achat) \u2013 sur un march\u00e9 boursier \u00e0 une date et \u00e0 un instant donn\u00e9.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-14-53061e4\">\n                        <a href=\"#collapse-22dc56469e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-22dc56469e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-22dc56469e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Qu&#039;est-ce que la diversification de portefeuille<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-22dc56469e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-14-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>La diversification d\u2019un portefeuille c\u2019est la technique consistant \u00e0 ne pas investir la totalit\u00e9 de son capital sur un seul titre (ou dans une m\u00eame classe d\u2019actifs) afin de minimiser les risques tout en maximisant le rendement.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card\">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-15-53061e4\">\n                        <a href=\"#collapse-9d36d1469e0b7d4dce50\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-9d36d1469e0b7d4dce50\" aria-expanded=\"false\" aria-controls=\"Collapse-9d36d1469e0b7d4dce50\">\n                            \n                            <span class=\"ekit-accordion-title\">Qu&#039;est-ce que la &quot;liquidit\u00e9&quot; ?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-9d36d1469e0b7d4dce50\" class=\"collapse\" aria-labelledby=\"primaryHeading-15-53061e4\" data-parent=\"#accordion-69e0b7d4dce50\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>La liquidit\u00e9, c'est la capacit\u00e9 et la rapidit\u00e9 avec laquelle il est possible d\u2019acheter ou de vendre un titre sur un march\u00e9 sans que le cours n\u2019en soit fortement affect\u00e9. Pour un investisseur, conserver des liquidit\u00e9s revient \u00e0 garder de l'argent disponible de c\u00f4t\u00e9.<\/p><p>La notion de liquidit\u00e9 s\u2019applique \u00e0 l\u2019ensemble des actifs financiers, bancaires\u2026<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                                        <\/div>\n    <\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Qu&#039;est-ce qu&#039;un OPCVM? Un OPCVM est un Organismes de Placement Collectif en Valeurs Mobili\u00e8res qui se pr\u00e9sente soit sous la forme de soci\u00e9t\u00e9 anonyme soit sous la forme de copropri\u00e9t\u00e9. Son activit\u00e9 consiste \u00e0 collecter aupr\u00e8s de leurs porteurs de parts (des personnes physiques et \/ ou morales) pour l\u2019investir sur les march\u00e9s financiers par [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"rs_blank_template":"","rs_page_bg_color":"","slide_template_v7":"","footnotes":""},"class_list":["post-138","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FAQ - Africa Bright<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/africabright.com\/en\/faq\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FAQ - Africa Bright\" \/>\n<meta property=\"og:description\" content=\"Qu&#039;est-ce qu&#039;un OPCVM? 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Son activit\u00e9 consiste \u00e0 collecter aupr\u00e8s de leurs porteurs de parts (des personnes physiques et \/ ou morales) pour l\u2019investir sur les march\u00e9s financiers par [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/africabright.com\/en\/faq\/\" \/>\n<meta property=\"og:site_name\" content=\"Africa Bright\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61571468835154\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-10T02:28:08+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@AfricaBright_\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/africabright.com\\\/faq\\\/\",\"url\":\"https:\\\/\\\/africabright.com\\\/faq\\\/\",\"name\":\"FAQ - Africa Bright\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/africabright.com\\\/#website\"},\"datePublished\":\"2025-08-20T05:25:26+00:00\",\"dateModified\":\"2025-10-10T02:28:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/africabright.com\\\/faq\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/africabright.com\\\/faq\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/africabright.com\\\/faq\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/africabright.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FAQ\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/africabright.com\\\/#website\",\"url\":\"https:\\\/\\\/africabright.com\\\/\",\"name\":\"Africa Bright\",\"description\":\"Banque d\u2019affaires ind\u00e9pendante\",\"publisher\":{\"@id\":\"https:\\\/\\\/africabright.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/africabright.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/africabright.com\\\/#organization\",\"name\":\"Africa Bright\",\"url\":\"https:\\\/\\\/africabright.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/africabright.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/africabright.com\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/logo_AB.svg\",\"contentUrl\":\"https:\\\/\\\/africabright.com\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/logo_AB.svg\",\"width\":119,\"height\":70,\"caption\":\"Africa Bright\"},\"image\":{\"@id\":\"https:\\\/\\\/africabright.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/profile.php?id=61571468835154\",\"https:\\\/\\\/x.com\\\/AfricaBright_\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/africabright\",\"https:\\\/\\\/www.instagram.com\\\/africabright.am\\\/\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FAQ - Africa Bright","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/africabright.com\/en\/faq\/","og_locale":"en_GB","og_type":"article","og_title":"FAQ - Africa Bright","og_description":"Qu&#039;est-ce qu&#039;un OPCVM? 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