Contributory Pension Assets rose by approximately N180 Billion in November 2019 compared to the N229 Billion in October 2019.
The total assets under the Contributory Pension Scheme rose to approximately N10 Trillion as at the end of November 2019 compared to the N9.81 Trillion as at end of October 2019.
The Top 7 places pension funds were invested as at November 2019 are;
FGN Securities N7.08 Trillion (70.88%)
Local Money Market Securities N1.17 Trillion (11.73%)
Corporate Debt Securities N639b (6.40%)
Domestic Ordinary Shares N536b (5.36%)
Real Estate Properties N225b (2.25%)
State Govt. Securities N118b (1.18%)
Foreign Ordinary Shares N69b (0.69%)
Below is the full report on the Status of Contributory Pension Assets as at end of November 2019.
Please note this is the latest report from the National Pension Commission (PenCom).
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