This has led to a significant boost in investments through the Mutual Funds where the value of assets has risen by 11.04 per cent to N1.388 trillion in the first half of 2022, HI’22, up from N1.250 trillion in the corresponding time of 2021, H1’21. Investment analysts have attributed the increasing participation of the retail investors to increased awareness, regulations and monetary policy that has impacted the capital market in recent times.
Mutual Fund is a professionally managed investment window that pools money from many investors to purchase securities such as stocks, bonds, and short-term debt.
Analysis of the Mutual Funds investment show that the Money Market Funds led other Funds recording N582.296 billion and accounting for 41.93 per cent of the total value.
It was followed by Bond/Fixed Income Funds recording N407.264 billion, while Dollar Fund occupied the third position on the chart posting N284.299 billion.
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