AD BONDS

Medium and long-term bond fund managed by AD CAPITAL ASSET MANAGEMENT, benchmarked against MBI MLT.

Classification

Medium and long-term bond

AuM

1.2 bn MAD

Holdings

Fund vs its benchmark

AD BONDS vs MBI MLT

Comparison at the same NAV date (weekly NAV convention for Moroccan funds).

Period	Fund	Benchmark	Spread
2026 (YTD)	−0.4%	+0.3%	−0.6 pts
1 year	−0.7%	+0.2%	−0.9 pts
3 years	+19.3%	+18.2%	+1.1 pts
5 years	+11.8%	+13.0%	−1.2 pts

As of July 10, 2026, AD BONDS posts −0.4% year to date, versus +0.3% for its benchmark MBI MLT, an underperformance of 0.6 points. Over three years, the fund shows +19.3% versus +18.2% for the index. The fund represents 14 bps of the Moroccan fund market.

Performance

Net return of the fund

Based on the net asset value. As of July 10, 2026. Click a period to update the chart.

from Dec 26, 2025 to Jul 10, 2026

Net asset value trend

Composition

Where the fund is invested

Top positions as of June 30, 2020 (latest published inventory). The full 54-holding breakdown is for subscribers.

Top 5 holdings

FCP Irgam Securibank

10.9%

BDT 52S @2.30% - 2021

9.7%

FCP Alpha Income Fund

9.3%

Salafin 4Y @2.85% - 2023

8.2%

FCP Capital Trust Obligataire

8.2%

Full inventory for subscribers

Top 5 sectors

Diversified

34.5%

Financials

31.1%

Government

20.8%

Materials

3.2%

Real Estate

2.8%

More sectors for subscribers

GICS sector classification, computed on the fund's latest published inventory.

Fees

AD BONDS fees

Management, subscription and redemption fees.

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For subscribers

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Risk analysis

Volatility, Sharpe, drawdown

Risk metrics and tracking error vs the benchmark.

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For subscribers

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Ranking

AD BONDS ranking

Fund's rank by performance: across the whole market, within its asset class, and among funds tracking the same benchmark.

Overall ranking

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Medium and long-term bond class ranking

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vs benchmark ranking

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For subscribers

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Market share

AD BONDS's weight

Fund assets relative to total market assets.

Total fund market

14 bps

0.1% of the fund market

Medium and long-term bond class

34 bps

0.3% of the medium and long-term bond class

Similar funds

Funds comparable to AD BONDS

Other Moroccan funds to explore, with their asset manager and assets under management.

Cimr PrevoyanceWafa Gestion · Medium and long-term bond10.4 bn MAD C.i.m.r IddikharSaham Capital Gestion · Medium and long-term bond6.2 bn MAD Wafa Assurance SecuriteWafa Gestion · Medium and long-term bond5.4 bn MAD RMA Rendement PlusRMA Asset Management · Medium and long-term bond3.7 bn MAD FCP Oblig PereniteCDG Capital Gestion · Medium and long-term bond3.6 bn MAD FCP Alpha Banques FundRED MED Asset Management · Medium and long-term bond2.4 bn MAD

FAQ

Frequently asked questions about AD BONDS

What is the benchmark index of AD BONDS?

The benchmark index of AD BONDS is the MBI MLT.

What is the performance of AD BONDS in 2026?

As of July 10, 2026, AD BONDS is showing a −0.4% performance since the start of 2026.

Who manages AD BONDS?

AD BONDS is a fund in the Medium and long-term bond category, managed by AD CAPITAL ASSET MANAGEMENT.

What are the fees of AD BONDS?

Management, subscription and redemption fees for AD BONDS are detailed in the Yuna subscriber area.

Data updated automatically · last update: July 10, 2026

Compare AD BONDS to 600+ Moroccan funds

Fees, history, full holdings, alerts and comparator, with a Yuna subscription.

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