AFI Reservas
AFI Reservas is a Dominican Republic-based investment fund administrator and subsidiary of Grupo Reservas (Banco de Reservas) that manages eight mutual and closed funds in pesos and dollars. It serves individuals, corporates, and institutions via direct sales, promoters, and the parent bank's branch network.
- Company typePrivate
- Founded-
- HeadquartersSanto Domingo, Dominican Republic
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What AFI Reservas does
AFI Reservas is a Dominican Republic-based investment fund administrator (Administradora de Fondos de Inversión) and a wholly-owned subsidiary (filial) of Grupo Reservas, the holding company of Banco de Reservas — the largest state-owned financial group in the country. Registered with the Superintendent of Securities (SIV) under SIVAF-013 since August 15, 2016, the firm is licensed to manage both financial and non-financial investment funds and holds anti-money laundering certification as an Obligated Subject from the Financial Analysis Unit (UAF). The company is headquartered in the Evaristo Morales district of Santo Domingo and operates with 11-50 employees.
The firm's core offering is a portfolio of eight investment funds spanning asset classes, currencies, and horizons. The open-ended mutual funds include Fondo Quisqueya (short-term pesos), Fondo El Bohío (medium-term pesos for family goals), Fondo Larimar (long-term pesos for retirement), and Fondo Caoba (US-dollar denominated). The closed-end funds comprise two real estate vehicles (Inmobiliario I and II) and two development vehicles (Desarrollo I in pesos, Desarrollo II in dollars) targeting debt and equity of Dominican non-financial companies and projects. Minimum investments are accessible at RD$10,000 (peso funds) and US$500 (Caoba), with additional contributions from RD$1,000 / US$100. Investors interact via the proprietary AFIenLínea web platform, which supports account opening, monitoring, transaction execution, and password management.
AFI Reservas generates revenue primarily through recurring management fees on fund AUM, supplemented by performance-based participation. Distribution is multi-channel: direct sales at headquarters for larger corporate and institutional clients, a network of investment promoters and advisors, the AFIenLínea self-serve platform, and the extensive branch network of parent Banco de Reservas — the latter being the most strategically significant channel given the bank's national footprint. Customer segments are horizontally structured across Individual Investors (Persona Física), Corporate Investors (Persona Jurídica), and — to a lesser extent — Pension Funds and Institutional Investors. Marketing combines the company website, active social media presence (Facebook, Instagram, Twitter/X, LinkedIn, YouTube), financial education content, WhatsApp-based customer contact, and referrals from Banco de Reservas branches.
AFI Reservas firmographics
Firmographics- Name
- AFI Reservas
- Legal name
- AFI Reservas
- Website
- https://afireservas.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- AFI Reservas is a Dominican Republic-based investment fund administrator and subsidiary of Grupo Reservas (Banco de Reservas) that manages eight mutual and closed funds in pesos and dollars. It serves individuals, corporates, and institutions via direct sales, promoters, and the parent bank's branch network.
- Ownership category
- akta.pro rank
AFI Reservas industry classification
Industry- Product category
- Investment Fund Management
- NAICS
- Open-End Investment Funds (525910), Open-End Investment Funds (52591), Portfolio Management and Investment Advice (523940), Other Financial Vehicles (52599)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Investment Management Advisory (RIA) (FSAEAAAB)
- akta.pro secondary industry
- Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)
Keywords
Where AFI Reservas is headquartered
LocationHeadquarters
- HQ city
- Santo Domingo
- HQ country
- Dominican Republic
- HQ region
- Latin America
Offices1 record
Markets served
AFI Reservas business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Investment Fund Management Fees: AFI Reservas generates revenue through management fees charged on investment funds. Each fund has different fee structures and minimum investment requirements. The company pools investor contributions and manages them professionally in the Dominican securities market.
- Performance-based Returns: Returns are generated through investment in various instruments including financial instruments and real estate, with net annualized returns distributed to investors based on their participation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Fondo Quisqueya - Short-term peso mutual fund with no minimum permanence period |
| Unit Pricing | Monthly | Fondo El Bohío - Medium-term matrimonial mutual fund |
| Unit Pricing | Monthly | Fondo Larimar - Long-term peso mutual fund |
| Unit Pricing | Monthly | Fondo Caoba - Dollar-denominated mutual fund |
| Unit Pricing | Monthly | Fondo Desarrollo I - Closed development investment fund in pesos |
| Unit Pricing | Monthly | Fondo Desarrollo II - Closed development investment fund in dollars |
| Unit Pricing | Monthly | Fondo Inmobiliario I - Closed real estate investment fund in pesos |
| Unit Pricing | Monthly | Fondo Inmobiliario II - Closed real estate investment fund in pesos |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
AFI Reservas product offering
Product offeringCore offering
AFI Reservas is a Dominican Republic-based investment fund administrator (Administradora de Fondos de Inversión) that pools investor contributions and professionally manages them in the Dominican securities market. The company offers a portfolio of eight distinct investment funds, including four open mutual funds in pesos and dollars, two closed real estate funds, and two closed development funds, serving both individual and corporate investors. It is a subsidiary of Grupo Reservas (Banco de Reservas) and operates the AFIenLínea online platform for account management.
Product overview
AFI Reservas is a Dominican Republic-based investment fund administrator offering a portfolio of eight distinct mutual and closed investment funds. The offering includes four open mutual funds (Fondo Quisqueya for short-term pesos, Fondo El Bohío for medium-term matrimonial goals, Fondo Larimar for long-term pesos, and Fondo Caoba for dollar-denominated investments) and four closed funds (two real estate funds and two development funds, with one of each in both pesos and dollars). The company also provides an online platform called AFIenLínea for investor account management. All funds are regulated by the Dominican Republic's Securities Superintendent and are part of the Grupo Reservas family.
Differentiator
Problem solved
Functional benefit
Products and services
- Fondo Mutuo Corto Plazo Reservas Quisqueya An open short-term mutual fund denominated in Dominican pesos with no minimum permanence period, designed for investors seeking immediate access to their funds while earning returns. Minimum investment: RD$10,000.
- Fondo Mutuo Reservas El Bohío An open medium-term mutual fund in pesos designed for family or individual projects such as wedding planning, vehicle purchase, real estate down payments, and vacation planning. Minimum investment: RD$10,000 with a 90-day minimum permanence.
- Fondo Mutuo Reservas Larimar An open long-term mutual fund in pesos with a minimum one-year permanence period, designed for investors seeking higher returns over an extended horizon, such as retirement and long-term savings. Minimum investment: RD$10,000.
- Fondo Mutuo Dólares Reservas Caoba An open medium-term mutual fund denominated in US dollars with a 30-day minimum permanence, designed for investors seeking portfolio diversification and capital protection in a foreign currency. Minimum investment: US$500.
- Fondo de Inversión Cerrado Inmobiliario Reservas I A closed real estate investment fund in pesos oriented toward long-term investment in real estate properties in the Dominican Republic, generating income through leasing and asset appreciation.
- Fondo de Inversión Cerrado Inmobiliario Reservas II A second closed real estate investment fund in pesos focused on long-term investment in Dominican real estate with income generation potential through leasing and asset appreciation.
- Fondo de Inversión Cerrado de Desarrollo Reservas I A closed development investment fund in pesos investing in debt and capital securities of private and public sector entities, excluding the financial sector, for income generation and capital appreciation.
- Fondo de Inversión Cerrado de Desarrollo en Dólares Reservas II A second closed development investment fund denominated in US dollars investing in debt and capital instruments of Dominican companies, projects, and infrastructure for medium and long-term returns.
- AFIenLínea An online self-service platform that allows investors to monitor their investments, consult account movements, manage registered accounts, change passwords, and execute transactions securely.
Quantifiable outcome
- Fondo Quisqueya net annualized return: 7.79% (365 days)
- +6 more outcomes
Companies that use AFI Reservas
Customer profileSegments3 records
Ideal customer profiles2 records
AFI Reservas technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
AFI Reservas partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Grupo Reservas / Banco de ReservascoreAFI Reservas is a subsidiary (filial) of Grupo Reservas, the largest state-owned financial group in the Dominican Republic. Banco de Reservas serves as the parent company, providing brand credibility, distribution network, and institutional backing. AFI operates as an independent administrator but benefits from the Reservas brand and can leverage the bank's extensive branch network for customer acquisition.
Scale indicators1 record
Recent moves8 records
Expansion highlights5 records
AFI Reservas competitors and assessment
Company assessmentBroad incumbents
- BlackRock: Largest global asset manager with broad multi-product fund offerings. Relevant incumbent comparable for product breadth, multi-currency capability, and digital servicing standards AFI Reservas is emulating at the local level.
- Fidelity Investments: Global asset manager with extensive mutual fund and money-market fund families. Relevant incumbent comparable for the open-end peso and dollar liquidity fund architecture that mirrors AFI Reservas' Quisqueya and Caoba funds.
Regional players
- JMMB Fund Managers: Jamaica-headquartered Caribbean investment management firm offering pooled funds across Jamaica, Trinidad, and the Dominican Republic. Comparable as a regional multi-fund manager with peso and dollar products serving retail and institutional investors.
Direct peers
- Alpha Inversiones: Dominican Republic broker-dealer and securities firm offering investment fund administration, brokerage, and asset management. Overlaps with AFI Reservas on regulated fund management and securities intermediation in the DR market.
- BHD Fondos (Centro Financiero BHD): Investment fund administration arm of the BHD financial group in the Dominican Republic. Competes head-to-head with AFI Reservas across open and closed-end mutual funds and benefits from captive distribution through BHD León bank branches.
- AFI Popular: Dominican Republic mutual fund administrator affiliated with Grupo Popular / Banco Popular Dominicano. Direct competitor offering a similar multi-fund peso and dollar product suite to retail and corporate investors, distributed through the parent bank's branch network.
- Scotiabank Fondos (República Dominicana): Fund administrator affiliated with Scotiabank in the Dominican Republic, distributing mutual funds through the bank's local branch network. Competes directly with AFI Reservas for peso and dollar retail and corporate AUM.
Emerging players
- AFP Reservas: Pension fund administrator operating as a sister company within the same Grupo Reservas umbrella. Comparable as a regulated Dominican pooled-investment vehicle manager and institutional client for AFI Reservas' investment funds.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
AFI Reservas social profiles
Digital presenceAFI Reservas compliance and trust
Trust signalCompliance2 records
AFI Reservas financial estimates
Financial estimateRevenue estimate
Valuation estimate
AFI Reservas leadership team
Management profileNumber of profiles
Profiles1 record
AFI Reservas funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AFI Reservas M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AFI Reservas
What does AFI Reservas do?
AFI Reservas is a Dominican Republic-based investment fund administrator (Administradora de Fondos de Inversión) that pools investor contributions and professionally manages them in the Dominican securities market. The company offers a portfolio of eight distinct investment funds, including four open mutual funds in pesos and dollars, two closed real estate funds, and two closed development funds, serving both individual and corporate investors. It is a subsidiary of Grupo Reservas (Banco de Reservas) and operates the AFIenLínea online platform for account management.
Is AFI Reservas a public or private company?
AFI Reservas is a private company. It is classified as corporate owned and is currently operating.
When was AFI Reservas founded?
AFI Reservas was founded in -1. It employs 11 to 50 people.
Where is AFI Reservas based?
AFI Reservas is headquartered in Santo Domingo, Dominican Republic, in the Latin America region.
How does AFI Reservas make money?
Two revenue lines are on record. Investment Fund Management Fees are the primary driver. The others are performance-based Returns.
Who are AFI Reservas's main competitors?
Broad incumbents on record are BlackRock and Fidelity Investments. JMMB Fund Managers is listed as a regional player. Direct peers are Alpha Inversiones, BHD Fondos (Centro Financiero BHD), AFI Popular and Scotiabank Fondos (República Dominicana). AFP Reservas is listed as an emerging player.
Does AFI Reservas have an API?
No public API is recorded for AFI Reservas.
What industry is AFI Reservas in?
AFI Reservas's product category is Investment Fund Management. Its primary akta.pro industry code is FSAEAAAB, Investment Management Advisory (RIA), with a secondary code of FSAAACAG, Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions). Its NAICS code is 525910 and its SIC code is 6282.