MyMarguerit is an agricultural real-asset solution registered with the French Financial Markets Authority (AMF). It gives your clients access to a tangible, income-generating and responsible investment.
✦ A differentiating solution
A way to diversify your clients’ portfolios, rooted in a core theme that matters deeply to them: agriculture and the farmers who feed us.
⬢ Sustainable performance
A model designed to generate stable, resilient returns, backed by more than 50 years of experience.
⚖︎ Robust regulatory framework
Registered with the French Financial Markets Authority (AMF – D-21-01) and recognised by the French Ministry of Agriculture and Food Sovereignty.
⬡ Real-economy, asset-backed structure
A fully asset-backed, debt-free model where returns arise from the operational leasing of livestock, not from interest, leverage or market speculation.
Performance
Average annual performance: 5.3%* (income¹ + asset appreciation²) from a tangible agricultural real asset, decorrelated from traditional financial markets and designed for long-term capitalisation.
Income
The model is based on lease payments from selected partner farmers who rent the livestock.
This generates stable and predictable income.
Average annual net income¹ of +3.24%* over the period observed.*
Asset appreciation
The value of the underlying “livestock” asset² also evolves over time. On average, the unit value has increased by around 2%* per year (+21%* between 2014 and 2024), which contributes positively to the overall portfolio value.
Capitalisation
This investment is designed for long-term capitalisation: returns can be reinvested, increasing your clients’ exposure to the underlying tangible asset and enhancing potential growth over time.
It is particularly suited to clients looking to build or preserve wealth over the long term, for retirement, diversification or succession planning.
¹ The average annual income is calculated over the calendar period from 2013 to 2023.
² Asset appreciation over 10 years corresponds to the change in capital between the reference year 2014 and 2024, based on the unit price of one cow (excluding entry fees).
Source : Élevage et Patrimoine au 31/05/2024
* Past performance is not a reliable indicator of future results.
This investment carries a risk of partial or total loss of capital and may have limited liquidity.
Tax treatment (French tax residents only):
• Annual amortisation of 10% of the invested amount over 10 years
• Possible creation of a deductible accounting loss if amortisation exceeds income
• Full exemption from capital gains tax after 5 years of holding
The tax deductibility mechanisms described apply only to investors who are tax residents in France and eligible for the French agricultural income regime (Article 63 of the French Tax Code). Eligibility notably requires that the household’s annual net income be below €141,863 before the 10% salary allowance. Any tax advantages depend on each investor’s individual circumstances and on French tax law in force. Investors who are not French tax residents should consult their usual tax advisor to assess the tax consequences of this investment in their country of residence. Any tax benefits depend on each client’s individual circumstances and the legal and regulatory framework in force.
✓ Attractive partner remuneration
✓ A specialised team: a dedicated point of contact and responsive back-office to simplify your processes
✓ Premium tools at your disposal: professional simulator, high-end marketing materials, guides and a secure partner extranet.
✓ Tailored commercial support: launch webinars, in-person events, and sales support materials co-branded with your firm.
How the model works
Investors subscribe by acquiring ownership of dairy cattle (units of account), which are then placed with French farmers who pay a lease in return.
This model enables farmers to finance their projects without taking on bank debt. It creates a virtuous circle that supports agriculture while enhancing investors’ long-term wealth.
Durability
The herd is naturally renewed through births, which supports the long-term sustainability of the asset.
Risk mitigation
To mitigate unforeseen risks affecting the herd, the livestock is insured with Groupama, a leading French insurer.
Operational oversight
Our technical management company, Gestel, supervises partner farmers and manages the entire life cycle of the animals.
ESG commitments
Animal welfare, farmer well-being and responsible practices are at the heart of the model. Learn more
Partner testimonial
“We integrate MyMarguerit into our allocations in order to offer clients stable, tangible diversification. This investment fits perfectly with new client expectations, all within a clear and regulated framework.”
Guillaume CONJARD,
Partner & Wealth Strategy Advisor – ARTES PATRIMOINE
A recognised solution featured in major French national media
MyMarguerit has gained strong visibility in France’s leading national television outlets.
Recent coverage includes feature reports on TF1, France 2, France 3, and on M6.
What about corporate investors?
MyMarguerit can also be used as a stable treasury investment for French companies subject to corporate income tax. It offers attractive accounting and tax treatment under French rules.
Contact us to discuss specific use cases for corporate clients.
FAQ
What is the remuneration for partners?
Partners receive an attractive introducer / distribution fee, structured to align interests over the long term.
How to become a partner?
Simply fill in our online form or schedule a call with our partnerships team. A dedicated contact will guide you through the agreement and give you access to all partner tool
Is the investment registered with a financial authority?
Yes. The investment is registered with the French Financial Markets Authority (AMF) as a “miscellaneous asset” under number D-21-01.
What are the main benefits for my clients?
• Access to a tangible, stable real asset
• Regular, resilient income
• Tax advantages for eligible French tax residents (under the personal income tax regime)
• ESG impact and direct support to French agriculture
Who manages the herds in practice?
Herd management is handled by Gestel, the technical and operational management company behind MyMarguerit. It supervises the entire life cycle of the animals, from health monitoring to natural herd renewal, in direct contact with partner farmers. This structure ensures proper execution of the projects financed.
When and how is income paid?
Income is capitalised during the first 3 years. From year 4 onwards, the investor can choose to remain in capitalisation mode or opt for an annual distribution.
Does my client lose money if one farmer encounters difficulties?
No. Investments are diversified across multiple farms in order to mutualise risk. If one farm faces difficulties, this does not have a direct impact on overall performance. Operational, legal and sanitary aspects are supervised by our management team.
What happens if a cow falls ill or dies?
Farmers are required to take out insurance covering the animals in the event of illness or death. This ensures that the investor does not suffer a loss in the number of animals held. In addition, the herd is naturally renewed through births.
Is there a risk of capital loss?
Yes. As with any investment in real assets, there is a risk of partial or total loss of capital.
What are the fees?
A 6% subscription fee applies to the unit value (“unit of account”) of €1,857*, i.e. €1,969 per unit*. A 10% fee applies to the unit value at the time of exit. For eligible French tax residents, these fees are 100% deductible from personal income tax.
* Price as of 25 March 2025.
What about liquidity?
Exit is possible at any time under the conditions set out in the contract. Liquidity is limited but organised to offer flexibility to investors.
