Contributory Pension Assets rose by approximately N102 Billion in June 2019 compared to the N103 Billion in May 2019.
The total assets under the Contributory Pension Scheme rose to approximately N9.33 Trillion as at the end of June 2019 compared to the N9.22 Trillion as at end of May 2019.
The Top 7 places pension funds were invested as at June 2019 are;
FGN Securities N6.49 Trillion (69.55%)
Local Money Market Securities N1.05 Trillion (11.21%)
Domestic Ordinary Shares N537b (5.76%)
Corporate Debt Securities N506b (5.42%)
Real Estate Properties N250b (2.68%)
Cash & Other Assets N214b (2.30%)
State Govt. Securities N130b (1.39%)
Below is the full report on the Status of Contributory Pension Assets as at end of June 2019.
Please note this is the latest report from the National Pension Commission (PenCom).
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