The Chief Executive Officer of Capital Markets Authority, Romeo Ngarambe said collective investment schemes continue to play an important role in Rwanda’s capital markets through the mobilisation of domestic savings and their allocation to regulated investments.
At the 10th anniversary of RNIT Iterambere Fund, CEO Ngarambe said such schemes pool funds from individuals and institutions into professionally managed portfolios that may include government securities, listed companies and other approved assets.
He said the expansion of regulated investment products has increased participation in the capital markets and enlarged the pool of long-term domestic capital. He noted that “Collective investment schemes enable citizens to participate in the capital market and contribute to the mobilisation of long-term domestic capital.”
He added that the Capital Market Authority will continue to prioritise investor protection, market transparency, good governance, financial literacy and compliance among licensed market operators. “Our role as regulator is to safeguard investor interests, promote market integrity and support the orderly development of the capital market,” he said.
RNIT Iterambere Fund was established in 2016 as Rwanda’s first collective investment scheme. According to RNIT Ltd, the Fund now has more than Frw 86 billion in assets under management and about 90,000 registered accounts that serve over 350,000-unit holders.
The Fund also reported that more than 40,000 new investment accounts were opened in 2025, while its net asset value per unit rose from Frw 100 at inception to Frw 274 in 2026.
The Chief Executive Officer of the Rwanda National Investment Trust Ltd, Jonathan Gatera said the Fund’s growth showed increased participation in formal savings and investment products over the past decade.