.jpg&w=3840&q=75)
Stocks Market
Moroccan Mutual Fund Assets Slip to DH819.6bn as Short‑Term Bonds Lead Decline
Net assets of Moroccan mutual funds (OPCVM) dropped to DH819.6 billion on 26 June 2026, a 1.6 % weekly decline, according to ASFIM data. The fall was led by short‑term bond funds, while money‑market funds were the only category that posted growth. Investors appear to be shifting toward cash‑equivalent vehicles amid global uncertainty, leaving bond and equity funds under pressure.
Listen to this article
Unlock audio versions of premium articles and more with a Pro subscription.
According to the latest figures released by the Association of Moroccan Asset Management Companies (ASFIM), the net assets of mutual funds (OPCVM) fell to DH819.6 billion on 26 June 2026, a weekly drop of 1.6 %.
Breakdown by fund category
- Medium‑ and long‑term bond funds (OMLT): assets declined to DH359.72 billion, down from DH364.33 billion a week earlier.
- Short‑term bond funds (OCT): the biggest weekly loser, slipping to DH132.68 billion from DH141.16 billion.
- Equity funds: down to DH74.54 billion from DH75.70 billion.
- Mixed‑asset funds: marginally lower at DH109.96 billion versus DH110.60 billion.
- Money‑market funds: the sole gainers, rising to DH130.16 billion from DH128.58 billion.
The overall contraction reflects cautious investor sentiment amid uncertain global markets, while money‑market vehicles continue to attract cash seeking safety.