CMA: Public investment funds increased to 276 funds during Q2‎

Data issued by the Capital Market Authority on public funds classified by type of investment revealed that public funds reached 536 funds during the first half of this year, indicating that the number of funds increased to 276 funds during the second quarter of the year, while their number was 260. Funds during the first quarter of 2023.

The data indicated that the funds were distributed among 12 types of investments, topped by stock funds with 255 funds, including 125 funds during the first quarter and 130 funds during the second quarter of the year 2023 AD, followed by money market funds with 93 funds during 6 months, including 45 Fund during the first quarter and 48 funds in the second quarter of this year

It indicated that debt instruments funds reached 29 funds during the first half of the year, including 14 funds during the first quarter and 15 funds in the second quarter, explaining that real estate funds reached 9 funds within 6 months, including 5 funds in the first quarter and 4 Funds in the second quarter, as for multi-asset funds, they reached 13 funds, including 6 funds in the first quarter and 7 funds in the second quarter, and closed-end funds recorded 5 funds within 6 months, including 2 funds in the first quarter and 3 funds in the quarter. The second of the year 2023

The data showed that 6 types of investments maintained the number of their funds in both the first and second quarter of the year. Surplus funds recorded 24 funds during the first quarter and also during the second of the year, bringing their total number to 48 surplus funds during the first half of the year. The number of ETFs did not change from 8 funds in both the first and second quarter of the current year, bringing their total number to 16 funds within 6 months.

The data added that the total number of endowment funds reached 20 funds, with 10 funds in the first quarter and also in the second quarter of the current year, and the total number of funds for both feeder funds and commodity funds reached two funds within 6 months, and one fund for each of the first and second quarter of 2023.