Browsing by Author "Mwaura, Stephen Thiga"

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    Collective investment schemes and risk analysis of selected Ugandan investors :
    (Kampala International University, College of Economics and Management, 2006-10) Mwaura, Stephen Thiga
    To broaden the choice of investment vehicles, involve the general public in the process of investing in securities and to enable the majority of Ugandans to participate in the on-going privatization, the Collective Investment Schemes (CIS) bill 2002 was passed by parliament. The act is aimed at enabling average Ugandans to participate in the equity, debt and money markets and will further strengthen domestic resource mobilization. Capital Markets Authority (CMA) is currently finalizing the rules and regulations that will enable the operation of Collective Investment Schemes. CMA was responsible for protecting the interests of all investors that the CIS regime aims to attract. The Collective investment schemes are expected to open a new opportunity by accessing the resources and consequently participation of small investors through Unit Trusts and other forms of Open Ended Investment companies.