Status of Contributory Pension Assets as at end of July 2019.

September 19, 2019 PensionNigeria

Contributory Pension Assets rose by approximately N42 Billion in July 2019 compared to the N102 Billion in June 2019.

The total assets under the Contributory Pension Scheme rose to approximately N9.37 Trillion as at the end of July 2019 compared to the N9.33 Trillion as at end of June 2019.

The Top 7 places pension funds were invested as at July 2019 are;

FGN Securities N6.63 Trillion (70.77%)
Local Money Market Securities N1.14 Trillion (12.15%)
Corporate Debt Securities N534b (5.70%)
Domestic Ordinary Shares N483b (5.15%)
Real Estate Properties N241b (2.57%)
State Govt. Securities N130b (1.39%)
Foreign Ordinary Shares N65b (0.7%)

Below is the full report on the Status of Contributory Pension Assets as at end of July 2019.

Please note this is the latest report from the National Pension Commission (PenCom).