Collective Investment Schemes And Risk Analysis Of Selected Ugandan Investors. : A Case Of African Alliance Uganda (Unit Trust Section)

ABSTRACT

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.

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