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Mutual Funds Transactions Drop By 12.2%
Volume of transactions in mutual funds, otherwise known as Collective Investment Scheme, dropped by 12.2 percent in 2021 with investors’ commitment in the asset class falling to N1.3 trillion from N1.49 trillion in the previous year, 2020. On a Year-to-Date basis, the investment in the asset class also fell by 12.8 percent from N1.49 trillion…