The number of investors in unit trusts or collective investment schemes has increased to overtake stock market accounts, underlining the attractiveness of the liquid assets whose returns have risen to highs of 15 percent in recent months.
Latest data by the Capital Markets Authority (CMA) shows the number of Kenyan investors putting their money in unit trusts rose seven percent to 1,299,300 in the three months to September 2024. This is after the ranks of those in unit trusts increased by 88,176 in the period.
