The Affiliation of Administration Corporations and Funding Funds of Morocco (ASFIM) revealed that web belongings underneath administration of collective funding schemes in transferable securities (UCITS) amounted to 540.17 billion dirhams (MMDH) on the finish of November final 12 months, down 8.89% in comparison with from the top of 2021.

In its newest month-to-month publication, ASFIM stated web belongings underneath administration elevated by 1.29% in comparison with the top of October, a rise attributed to web inflows of almost Dh8 billion in cash market funds.

Cash market UCITS, the letter continued, recorded the best month-to-month efficiency of 0.08%, whereas Fairness UCITS was the bottom at -0.61%.

When it comes to annual efficiency, cash market UCITS had the best efficiency at +1.16% and Fairness UCITS the bottom at -15.70%, in accordance with ASFIM, which famous that the variety of lively UCITS rose to 559 on the finish of November.

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