Contributory Pension Assets rose by approximately N73 Billion in August 2019 compared to the N42 Billion in July 2019.
The total assets under the Contributory Pension Scheme rose to approximately N9.44 Trillion as at the end of August 2019 compared to the N9.37 Trillion as at end of July 2019.
The Top 7 places pension funds were invested as at August 2019 are;
FGN Securities N6.82 Trillion (72.24%)
Local Money Market Securities N1.06 Trillion (11.21%)
Corporate Debt Securities N556b (5.89%)
Domestic Ordinary Shares N465b (4.93%)
Real Estate Properties N231b (2.44%)
State Govt. Securities N128b (1.36%)
Foreign Ordinary Shares N64b (0.68%)
Below is the full report on the Status of Contributory Pension Assets as at end of August 2019.
Please note this is the latest report from the National Pension Commission (PenCom).
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