CIC Unit Trust emerged as the leading firm with assets worth KSh 42.988 Billion under management as of December 31st, 2021, according to a report by Capital Markets Authority (CMA) Q1, 2021.
This gives it a market share of 41.05%, an increase of 6.08% from KSh 40.524 Billion in Q3, 2020.
Other Leading Unit Trusts
NCBA Unit Trust Scheme is the second with assets worth KSh 12.5 Billion in Q4 2020, giving it a market share of 11.98%.
Britam Unit Trust Scheme is 3rd with assets under management of KSh 12.3 Billion in Q4 2020, an increase of 8.55% from KSh 11.3 Billion in Q3, 2020 with a market share of 11.75%.
ICEA Unit Trust Scheme has a market share of 11%, with assets under management worth 11.5 Billion in Q4, 2020 from KSh 10.6 Billion in Q3, 2020.
Sanlam Unit Trust Scheme assets under management stood at KSh 6.3 Billion in Q4 2020, increasing 9.49% from KSh 5.7 Billion in Q3, 2020-a a market share of 6.00%.
Old Mutual Unit Trust Scheme has a market share of 5.86%, with assets under management of KSh 6.1 Billion as of December 2020.
Dry Associates Unit Trust had assets worth KSh 2.4 Billion and a market share of 2.25% as of the end of Q4, 2020, followed by Madison Asset Unit Trust Funds with assets worth KSh 1.9 Billion and a market share of 1.84%.
African Alliance Unit Trust Scheme had assets worth KSh 1.8 Billion with a market share of 1.73%, while Nabo Capital Limited had assets worth KSh 1.7 Billion and a market share of 1.58% as of the end of Q4, 2020.
Zimele Unit Trust Scheme had assets worth KSh 1.4 Billion as of December 2020 with a market share of 1.36%.
Coop Unit Trust Scheme was worth KSh 1 Billion in December 2021, a decline of 31.71% from KSh 1.5 Billion in Q3, 2020.
Cytonn Money Market Fund also recorded a decline from KSh 1 Billion in Q3, 2020 TO ksH 819.6 Million in December 2020 with a market share of 0.78%.
Other funds with less than 1% market share include Genghis Unit Trust Funds, Apollo Unit Trust Scheme, Equity Investment Bank, Alpha Africa and Amana Unit Trust Funds.