Contributory Pension Assets rose by approximately N226 Billion in December 2019 compared to the N180 Billion in November 2019.
The total assets under the Contributory Pension Scheme rose to approximately N10.22 Trillion as at the end of December 2019 compared to the N10 Trillion as at end of November 2019.
The Top 7 places pension funds were invested as at December 2019 are;
FGN Securities N7.34 Trillion (71.87%)
Local Money Market Securities N1.17 Trillion (11.47%)
Corporate Debt Securities N567b (5.55%)
Domestic Ordinary Shares N553b (5.41%)
Real Estate Properties N220b (2.15%)
State Govt. Securities N115b (1.13%)
Foreign Ordinary Shares N71b (0.70%)
Below is the full report on the Status of Contributory Pension Assets as at end of December 2019.
Please note this is the latest report from the National Pension Commission (PenCom).
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