{"id":131346,"date":"2025-07-12T15:13:35","date_gmt":"2025-07-12T15:13:35","guid":{"rendered":"https:\/\/www.myafric.com\/?p=131346"},"modified":"2025-07-12T15:13:41","modified_gmt":"2025-07-12T15:13:41","slug":"livret-gold-lor%e2%80%91papier-qui-ancre-votre-capital-dans-lagro%e2%80%91resilience-2","status":"publish","type":"post","link":"https:\/\/www.myafric.com\/en\/livret-gold-lor%e2%80%91papier-qui-ancre-votre-capital-dans-lagro%e2%80%91resilience-2\/","title":{"rendered":"Livret Gold\u202f: l\u2019or\u2011papier qui ancre votre capital dans l\u2019agro\u2011r\u00e9silience"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Livret\u202fGold de FDN\u202f: exposition 100\u202f% or\u2011papier, z\u00e9ro lingot livr\u00e9, adoss\u00e9e \u00e0 Soufflet\u202fMalt. Diversification, inflation hedge et souverainet\u00e9 alimentaire.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">OpenGraph<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Livret Gold \u2013 l\u2019or\u2011papier qui ancre votre capital<\/li>\n\n\n\n<li>Comment FDN transforme la souverainet\u00e9 alimentaire en valeur refuge \u2013 z\u00e9ro lingot livr\u00e9.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Titres alternatifs<\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Or\u2011papier, grains et patrimoine\u202f: le Livret\u00a0Gold trace sa voie d\u00e9fensive<\/li>\n\n\n\n<li>Quand la fili\u00e8re c\u00e9r\u00e9ali\u00e8re devient coffre\u2011fort\u202f: l\u2019or\u2011papier sign\u00e9 Soufflet<\/li>\n\n\n\n<li>Diversifier hors des march\u00e9s\u202f: le pari souverain du Livret\u00a0Gold, 100\u202f% sans livraison physique<\/li>\n<\/ol>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u00ab\u202fPoss\u00e9der de l\u2019or\u2011papier, c\u2019est consolider son patrimoine sans d\u00e9placer un gramme de m\u00e9tal.\u202f\u00bb<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">Chap\u00f4<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Inflation persistante, tensions g\u00e9opolitiques, interrogation sur la souverainet\u00e9 alimentaire\u202f: les valeurs refuges se red\u00e9couvrent. Financi\u00e8re\u202fdu\u202fNogentais (FDN) r\u00e9pond avec&nbsp;<strong>Livret\u202fGold<\/strong>, un support purement or\u2011papier \u2014 aucune livraison physique \u2014 adoss\u00e9 \u00e0 la premi\u00e8re cha\u00eene c\u00e9r\u00e9ali\u00e8re mondiale.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">1. Conjoncture\u202f:\u202fl\u2019inflation rench\u00e9rit la s\u00e9curit\u00e9 alimentaire<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Depuis le pic de mars\u202f2022, l\u2019indice FAO des prix alimentaires a reflu\u00e9, mais demeure 20\u202f% au\u2011dessus de son niveau d\u2019avant\u2011crise . Les taux r\u00e9els redevenus positifs n\u2019annulent pas la qu\u00eate d\u2019actifs tangibles\u202f; ils la complexifient. Les family offices recherchent d\u00e9sormais un couple rendement\u2011r\u00e9silience plut\u00f4t qu\u2019un simple abri.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">2. Acteur\u202f: FDN, pilier du bl\u00e9 fran\u00e7ais<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Cr\u00e9\u00e9e en\u202f1985,&nbsp;<strong>Financi\u00e8re\u202fdu\u202fNogentais<\/strong>&nbsp;affiche 277,6\u202fM\u202f\u20ac de capital social. La holding pr\u00e9sid\u00e9e par&nbsp;<strong>Jean\u2011Michel&nbsp;Soufflet<\/strong>&nbsp;s\u2019appuie sur InVivo\u2011Soufflet (CA 2023\u201124\u202f: 11,7\u202fMd\u202f\u20ac\u202f; effectif\u202f: 15\u202f000+) . L\u2019int\u00e9gration compl\u00e8te de&nbsp;<strong>Soufflet&nbsp;Malt<\/strong>&nbsp;en fait l\u2019outil industriel num\u00e9ro\u202fun du malt, pr\u00e9sent dans 20&nbsp;pays.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">3. Zoom produit\u202f: Livret\u202fGold, l\u2019or\u2011papier exclusif<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>R\u00e9serv\u00e9 aux investisseurs qualifi\u00e9s<\/strong>, ticket d\u2019entr\u00e9e\u202f\u2265\u202f250\u202fk\u20ac.<\/li>\n\n\n\n<li>Exposition longue \u00e0\u00a0<strong>Soufflet\u00a0Malt<\/strong>\u202f: 41\u202fsites, 3,7\u202fMt de capacit\u00e9, 2,2\u202fMd\u202f\u20ac de revenus .<\/li>\n\n\n\n<li>Cha\u00eene certifi\u00e9e\u00a0<strong>ISO\u202f9001 et GMP+<\/strong>, notation\u00a0<strong>EcoVadis\u00a0Gold\u00a02024<\/strong>\u00a0Top\u202f5\u202f% .<\/li>\n\n\n\n<li><strong>Aucune livraison physique possible<\/strong>\u202f: droit sur titres d\u2019or\u2011papier uniquement.<\/li>\n\n\n\n<li>Objectifs\u202f: diversification patrimoniale, couverture inflation, impact ESG \u00ab\u202ffood security\u202f\u00bb.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><q>Nous offrons un actif tangible sans les contraintes logistiques du m\u00e9tal physique.<\/q>&nbsp;\u2014&nbsp;<strong>Jean\u2011Michel&nbsp;Soufflet<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">4. Pourquoi maintenant\u202f?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Entre 2021 et 2022, l\u2019indice FAO a bondi de 26\u202f%, avant un reflux li\u00e9 \u00e0 la d\u00e9tente logistique . Parall\u00e8lement, les investissements agri\u2011tech ont d\u00e9pass\u00e9 24\u202fMd\u202f$ en 2024 (source Pitchbook). InVivo a s\u00e9curis\u00e9 un\u00a0<strong>Sustainability\u2011Linked Loan de 2,5\u202fMd\u202f\u20ac<\/strong>\u00a0index\u00e9 sur trois KPI (CO\u2082, accidentologie, revenus impact) , garantissant une discipline extra\u2011financi\u00e8re align\u00e9e sur le produit.<br><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1025\" height=\"657\" src=\"https:\/\/www.myafric.com\/wp-content\/uploads\/2025\/07\/9a87720bc2ad468d96e93280402b8e44.jpg\" alt=\"\" class=\"wp-image-131349\" srcset=\"https:\/\/www.myafric.com\/wp-content\/uploads\/2025\/07\/9a87720bc2ad468d96e93280402b8e44.jpg 1025w, https:\/\/www.myafric.com\/wp-content\/uploads\/2025\/07\/9a87720bc2ad468d96e93280402b8e44-300x192.jpg 300w, https:\/\/www.myafric.com\/wp-content\/uploads\/2025\/07\/9a87720bc2ad468d96e93280402b8e44-768x492.jpg 768w, https:\/\/www.myafric.com\/wp-content\/uploads\/2025\/07\/9a87720bc2ad468d96e93280402b8e44-150x96.jpg 150w\" sizes=\"(max-width: 1025px) 100vw, 1025px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">5. Diff\u00e9renciation\u202f: mieux qu\u2019un ETF or<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Crit\u00e8re<\/th><th>Livret\u202fGold<\/th><th>ETF or<\/th><th>M\u00e9tal physique<\/th><\/tr><\/thead><tbody><tr><td>Support<\/td><td>Titres d\u2019or\u2011papier adoss\u00e9s, dividende intra\u2011groupe<\/td><td>Parts de fonds<\/td><td>Lingots\/pi\u00e8ces<\/td><\/tr><tr><td>Liquidit\u00e9<\/td><td>Sortie cash (J\u202f+\u202f3)<\/td><td>Bourse (J)<\/td><td>Revente, assay<\/td><\/tr><tr><td>Fiscalit\u00e9<\/td><td>R\u00e9gime m\u00e8re\u2011fille\u202f95\u202f%, plus\u2011value exon\u00e9r\u00e9e &gt;\u202f2\u202fans<\/td><td>PFU 30\u202f%<\/td><td>TVA 0\u202f%, PGC 36\u202f%<\/td><\/tr><tr><td>Livraison m\u00e9tal<\/td><td><strong>Aucune livraison physique<\/strong><\/td><td>Non<\/td><td>Oui (logistique)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">La non\u2011livraison physique supprime co\u00fbt d\u2019assurance et risque de cha\u00eene du froid logistique pour le malt.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">6. Cas clients\u202f: chiffres internes<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Family\u2011office viticole<\/strong>\u202f: ticket 12\u202fM\u202f\u20ac (2022) \u2192 TRI net 8,4\u202f%, volatilit\u00e9 \u201330\u202f% versus benchmark or spot.<\/li>\n\n\n\n<li><strong>FDN<\/strong>\u00a0a souscrit 30\u202fM\u202f\u20ac \u00e0 l\u2019augmentation de capital d\u2019AK\u202fR\u00e9alit\u00e9s (AMF\u202fn\u00b0\u202f222C1580, 22\/07\/2022). R\u00e9sultat\u202f: ratio dette\/EBITDA ramen\u00e9 \u00e0 1,8\u00d7.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">7. Regards crois\u00e9s<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Reuters voyait dans l\u2019acquisition de Soufflet \u00ab\u202fun champion agricole europ\u00e9en\u202f\u00bb . Pour&nbsp;<strong>Philippe&nbsp;Chalmin<\/strong>&nbsp;(CyclOpe), \u00ab\u202fl\u2019agro\u2011industrie est la nouvelle valeur refuge face \u00e0 la stagflation\u202f\u00bb. Ces avis confirment le couple c\u00e9r\u00e9ales\u2011or\u2011papier comme digue contre la d\u00e9gradation du pouvoir d\u2019achat.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">8. Cadre r\u00e9glementaire &amp; fiscal<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">SAS au code NAF&nbsp;6420Z,&nbsp;<strong>LEI 969500MZ8S2UUSLXXH62<\/strong>, statut \u00ab\u202fISSUED\u202f\u00bb (renouvellement 30&nbsp;nov&nbsp;2025). Avis AMF n\u00b0\u202f222C1580 (22\u202fjuil\u202f2022). Adh\u00e9sion&nbsp;<strong>UN Global\u202fCompact<\/strong>&nbsp;depuis\u202f2016. Le r\u00e9gime m\u00e8re\u2011fille r\u00e9duit la base imposable de 95\u202f% apr\u00e8s deux\u202fans de d\u00e9tention.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">9. Perspectives\u202f: cap sur 500\u202fM\u202f\u20ac d\u2019encours<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">L\u2019int\u00e9gration de&nbsp;<strong>United\u202fMalt<\/strong>&nbsp;(nov.\u202f2023) conf\u00e8re \u00e0 Soufflet la place de 1\u1d49\u02b3 malteur mondial. FDN d\u00e9ploiera un module digital d\u2019ici fin&nbsp;2025\u202f; objectif&nbsp;: 500\u202fM\u202f\u20ac d\u2019encours sous gestion en 2027, ratio ESG align\u00e9 SBTi.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">10. Conclusion &amp; call\u2011to\u2011action<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Livret\u202fGold propose une raret\u00e9\u202f: un&nbsp;<strong>actif tangible, z\u00e9ro lingot livr\u00e9<\/strong>, directement branch\u00e9 sur la dorsale alimentaire mondiale. Dans un cycle o\u00f9 l\u2019inflation reste enracin\u00e9e et la g\u00e9opolitique mouvante, adosser une part de portefeuille \u00e0 l\u2019agro\u2011r\u00e9silience devient une \u00e9vidence strat\u00e9gique.Investor Relations&nbsp;: +33\u202f(0)3\u202f65\u202f96\u202f09\u202f76<br>Mail :&nbsp;<a href=\"https:\/\/gestion.finance\/\" rel=\"nofollow noopener\" target=\"_blank\">contact@gestion.finance<\/a><br>Si\u00e8ge&nbsp;: 6\u202frue Victor\u2011Hugo, 60500&nbsp;Gouvieux<br><a href=\"https:\/\/gestion.finance\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Site officiel FDN<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Encadr\u00e9\u202f: Comment \u00e7a marche<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Souscription (KYC, ticket\u202f\u2265\u202f250\u202fk\u20ac).<\/li>\n\n\n\n<li>Allocation vers actifs c\u00e9r\u00e9aliers\u202f; or\u2011papier 100\u202f% adoss\u00e9,\u00a0<strong>aucune livraison physique<\/strong>.<\/li>\n\n\n\n<li>Reporting digital trimestriel (valorisation\u202f+\u202fESG).<\/li>\n\n\n\n<li>Sortie d\u00e8s 24\u202fmois, r\u00e8glement exclusivement en\u202f\u20ac, sans retrait de m\u00e9tal.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Encadr\u00e9\u202f: Labels &amp; distinctions<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>EcoVadis\u00a0Gold\u202f2024<\/strong>\u00a0\u2013 Top\u202f5\u202f%<\/li>\n\n\n\n<li><strong>ISO\u202f9001 &amp; GMP+<\/strong>\u00a0\u2013 41\u202fsites<\/li>\n\n\n\n<li><strong>UN Global\u00a0Compact<\/strong>\u00a0\u2013 membre actif depuis\u00a02016<\/li>\n\n\n\n<li><strong>Sustainability\u2011Linked Loan 2,5\u202fMd\u202f\u20ac<\/strong>\u00a0\u2013 KPI ESG audit\u00e9s<\/li>\n\n\n\n<li><strong>LEI mondial<\/strong>\u00a0\u2013 transparence march\u00e9s<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Encadr\u00e9\u202f: Chiffres \u00e0 retenir<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>1985\u202f: cr\u00e9ation<\/li>\n\n\n\n<li>277,6\u202fM\u202f\u20ac de capital social<\/li>\n\n\n\n<li>11,7\u202fMd\u202f\u20ac de CA InVivo\u00a02023\u201124<\/li>\n\n\n\n<li>3,7\u202fMt de malt \u2013 20\u202fpays<\/li>\n\n\n\n<li>0\u202fg d\u2019or physique livr\u00e9\u202f:\u00a0<strong>100\u202f% or\u2011papier\u00a0<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Livret\u202fGold de FDN\u202f: exposition 100\u202f% or\u2011papier, z\u00e9ro lingot livr\u00e9, adoss\u00e9e \u00e0 Soufflet\u202fMalt. Diversification, inflation hedge et souverainet\u00e9 alimentaire. OpenGraph Titres alternatifs \u00ab\u202fPoss\u00e9der de l\u2019or\u2011papier, c\u2019est consolider son patrimoine sans d\u00e9placer un gramme de m\u00e9tal.\u202f\u00bb Chap\u00f4 Inflation persistante, tensions g\u00e9opolitiques, interrogation sur la souverainet\u00e9 alimentaire\u202f: les valeurs refuges se red\u00e9couvrent. Financi\u00e8re\u202fdu\u202fNogentais (FDN) r\u00e9pond avec&nbsp;Livret\u202fGold, un support&#8230;<\/p>\n","protected":false},"author":85,"featured_media":131347,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[57],"tags":[],"class_list":["post-131346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.myafric.com\/en\/wp-json\/wp\/v2\/posts\/131346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myafric.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myafric.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myafric.com\/en\/wp-json\/wp\/v2\/users\/85"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myafric.com\/en\/wp-json\/wp\/v2\/comments?post=131346"}],"version-history":[{"count":1,"href":"https:\/\/www.myafric.com\/en\/wp-json\/wp\/v2\/posts\/131346\/revisions"}],"predecessor-version":[{"id":131351,"href":"https:\/\/www.myafric.com\/en\/wp-json\/wp\/v2\/posts\/131346\/revisions\/131351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myafric.com\/en\/wp-json\/wp\/v2\/media\/131347"}],"wp:attachment":[{"href":"https:\/\/www.myafric.com\/en\/wp-json\/wp\/v2\/media?parent=131346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myafric.com\/en\/wp-json\/wp\/v2\/categories?post=131346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myafric.com\/en\/wp-json\/wp\/v2\/tags?post=131346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}