| dc.description.abstract | The study establishes the attractiveness of unit trusts to SACCOs based in
Nairobi. The hypothesis of the study was that unit trusts would be attractive to
SACCOs. The expectation then was that SACCOs would include unit trusts in
their investments in the current year.
The study found slightly above average (51%) level of awareness among SACCO
managers, and that only 20% had learnt of unit trusts from the promoters. In
addition, of the 25 SACCOs aware of unit trusts, only 12 had discussed the
probability of investing in unit trusts. Among the 12, ten had rated unit trusts
as attractive, while only 2 had planned to include unit trusts in their portfolio
in the current financial year. Based on the 80% positive rating by the 10
SACCOs whose MCs had appraised unit trusts as potential investments, the
study concluded that unit trusts are attractive investment to SACCOs based in
Nairobi. The study recommends that the Capital Markets Authority, Nairobi
Stock Exchange and Unit Trusts Investment firms accelerate investor education
to generate effective demand for unit trusts. | en |
