Market Overview
As of February 20, the Moroccan mutual fund market has achieved a significant milestone, surpassing the 825.6 billion dirham mark. This follows a period of consolidation above the 800 billion dirham threshold earlier in the month.
Performance by Fund Category
The medium and long-term bond mutual funds (OMLT) remain the primary driver of market growth, with assets increasing from 370.58 billion dirhams to 377.49 billion dirhams, reflecting a weekly rise of 1.86%.
Short-term bond mutual funds (OCT) also continued their upward trajectory, reaching 130.09 billion dirhams, up from 129.13 billion dirhams the previous week, marking a weekly gain of 0.74%.
Money market funds have stabilized at 118.20 billion dirhams, showing a slight decrease from the 118.32 billion dirhams recorded earlier.
Diversified mutual funds saw an increase in assets from 106.70 billion dirhams to 109.31 billion dirhams, representing a growth of 2.44%.
Lastly, equity mutual funds continued their recovery, with assets rising to 79.09 billion dirhams, compared to 78.09 billion dirhams the previous week, reflecting a growth of 1.28%.
