Carole Masucci-Courty

OFI Mandats is an active manager which invests in equities, convertible bonds, bonds and money market. For equities portfolios, the firm invests primarily in mutual funds whose underlying funds are selected from the OFI range and external mutual funds. The allocation of this fund reflects the conclusions of the OFI Group Asset Allocation Committee. For the monetary portfolio, the managers invest in mutual funds in the OFI fund range. Fixed-income mandates are managed aiming to deliver a regular annual income, where taxation of investors is a key element in the selection of shares. The portfolio consists of fixed- and /or variable rate bonds, generally with a low annual turnover.