The number of Kenyans invested in collective investment schemes (CISs) or unit trusts, crossed the two million mark at the end of March in the backdrop of heightened interest in the pooled funds.
New data from the Capital Markets Authority (CMA) shows the number of CIS investors rose by 42.7 percent in the opening three months of the year to top 2,021,084 investors at the end of March, from 1,409,343 at the end of last year, an increase of over 600,000 investors.