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2023-10-06 13:20:49
The net assets under management of undertakings for collective investment in transferable securities (UCITS) stood at more than 518.3 billion dirhams (billion dirhams) as of October 2, up 3.48% year-on-year, according to the Moroccan Capital Market Authority (AMMC).
Short-term bond UCITS (OCT) recorded the most favorable annual variations, showing an increase of 27.63%.
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On the other hand, monetary UCITS and contractual UCITS experienced the strongest declines, with respective decreases of 27.69% and 5.91%, according to weekly data from the AMMC, as of October 2, 2023.
In terms of monthly variation, money market mutual funds posted the biggest fall of 22.80%.
The number of active UCITS reached 573 funds over the same period.
With MAP
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