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Gold and global stocks lift NSE funds return up to 24pc
A number of the US blue chips have gained on the back of capital flight to the world’s largest economy due to the geopolitical risk caused by the war in the Middle East.
Two funds that allow investors to buy gold and top global firms like Nvidia, JPMorgan Chase, and Apple at the Nairobi bourse have made returns of up to 24 percent in the past year.
The Exchange Traded Funds (ETFs) traded at the Nairobi Securities Exchange (NSE) has benefited from volatile global markets despite underperforming the rest of the local equities market.
