The Development of Collective Investment Schemes in Uganda
Jul 31, 2010
| J.S. Lutwama | Capital Markets Authority - Uganda
This report presents an analysis of the factors affecting the development of Unit Trusts in Uganda. The Collective Investment Schemes (CIS) industry has been in existence in Uganda for six (6) years, the first and only Unit Trust Manager having started CIS operations in August 2004. In the last five (5) years the industry has grown from a Net Asset base of US$ 523,779 at the end of 2005 to US$ 1.97 million at the end of March 2010 a growth of 276%.