Unit trusts add Sh10 billion assets in Q1

Unit trusts or collective investment schemes added Sh10.3 billion in assets in the first three months of the year.

Photo credit: Shutterstock

Unit trusts or collective investment schemes added Sh10.3 billion in assets in the first three months of the year to the end of March as new capital continued to drive the expansion of the investment vehicle.

According to fresh data from the Capital Markets Authority (CMA), the units’ assets under management rose to Sh225.4 billion in March from Sh215.1 billion in December.

PAYE Tax Calculator

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