Four unit trust schemes lose Sh1.1bn assets in three months

nse

A securities trader at Nairobi Securities Exchange (NSE) trading floor at the Exchange building in Nairobi. FILE PHOTO | NMG

Unit trust schemes run by Co-op, African Alliance Kenya and Cytonn saw the largest drop in assets under management in the three months that ended September 2022 compared to the prior quarter.

Co-op’s fund declined by Sh383.8 million or 10.3 percent to Sh3.3 billion, according to the statistics from the Capital Markets Authority (CMA).

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.