Contributory Pension Assets rose by approximately N143 Billion in September 2019 compared to the N73 Billion in August 2019.
The total assets under the Contributory Pension Scheme rose to approximately N9.58 Trillion as at the end of September 2019 compared to the N9.44 Trillion as at end of August 2019.
The Top 7 places pension funds were invested as at September 2019 are;
FGN Securities N6.84 Trillion (71.43%)
Local Money Market Securities N1.07 Trillion (11.21%)
Corporate Debt Securities N622b (6.49%)
Domestic Ordinary Shares N492b (5.13%)
Real Estate Properties N231b (2.42%)
State Govt. Securities N125b (1.31%)
Foreign Ordinary Shares N65b (0.68%)
See below the full report on the Status of Contributory Pension Assets as at end of September 2019.
Please note this is the latest report from the National Pension Commission (PenCom).
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