24.11.2015 - Rwanda: Agaciro Fund to Diversify Investment Portfolio to Maximise Returns
Rwanda's sovereign wealth fund, Agaciro Development Fund (AgDF), will diversify its investment portfolio to venture into different sectors of the economy to maximise returns, Amb Claver Gatete, the Minister for Finance and Economic Planning, has said. "We have been investing in Treasury bonds and bank deposits, but now we want to diversify into other sectors as we believe that will help us to maximise returns and grow the Fund," he said while receiving Rwf10 million contribution from MTN Rwanda in Kigali. Government bonds and short-term bank deposits earn the Fund an annual interest of between eight and 12 per cent...............................................Full Article: Source
Print