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Despite Covid-19 Effects, Mutual Funds Rise By 50% To N1.5trn

Despite Covid-19 Effects, Mutual Funds Rise By 50% To N1.5trn       Despite the adverse impact of the Coronavirus, COVID-19 pandemic, on the Nigerian economy, fund managers have raised their investment in Collective Investment Scheme, CIS, otherwise known as mutual funds. The Scheme itself has recorded a return...

Mutual Funds To Hit N1.5trn 2020 – SEC

Mutual Funds To Hit N1.5trn 2020 – SEC   The Securities and Exchange Commission has said that Collective Investment Scheme in the nation’s capital market may hit over N1.5tn before the end of this year. The CIS, also known as mutual funds, is an arranged pool of...

Investments In Mutual Funds Reaches N956.7bn In 11 Months

Investments In Mutual Funds Reaches N956.7bn In 11 Months   Total investment in mutual funds has grown to N956.7bn as of December 6, 2019. Data obtained from the Securities and Exchange Commission on Thursday showed the value of mutual funds increased by 53.91 per cent from N621.6bn...