The net assets under management of Undertakings for Collective Investment in Transferable Securities (UCITS) stood at more than 495.96 billion dirhams as of March 24, down 0.98% since the beginning of the year.

According to the weekly statistics of the Moroccan Capital Market Authority (AMMC), as of March 24, 2023, contractual UCITS showed the best annual variation (+38.28%), while diversified UCITS recorded the biggest decline (-7.11%).

In terms of monthly variation, contractual UCITS showed the best change, i.e. +55.68%, while money market UCITS showed the biggest drop with -13.47%.

The number of active UCITS reached 562 funds in the same period.

Source: Agency Morocaine De Presse