Contributory Pension Assets rose by approximately N229 Billion in October 2019 compared to the N143 Billion in September 2019.
The total assets under the Contributory Pension Scheme rose to approximately N9.81 Trillion as at the end of October 2019 compared to the N9.58 Trillion as at end of September 2019.
The Top 7 places pension funds were invested as at October 2019 are;
FGN Securities N6.91 Trillion (70.43%)
Local Money Market Securities N1.15 Trillion (11.73%)
Corporate Debt Securities N639b (6.51%)
Domestic Ordinary Shares N476b (4.85%)
Real Estate Properties N244b (2.48%)
State Govt. Securities N127b (1.30%)
Cash & Other Assets N95b (0.97%)
Below is the full report on the Status of Contributory Pension Assets as at end of October 2019.
Please note this is the latest report from the National Pension Commission (PenCom).
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