The number of retail investors with holdings in collective investment schemes has more than tripled to 257,166 at the end of last year from 84,050 in September, 2012.
The growth in the number of unit trust holders has coincided with a 379 percent growth in the schemes’ assets under management to Sh155.91 billion from 32.53 billion over the period, according to data from the Capital Markets Authority (CMA).