The increase in the total assets of the unit trusts is attributed to a major increase in holdings of shares, units and primary capital certificates. Holdings of certificates and bearer bonds have remained relatively stable.
Households are the biggest investors in unit trusts.
This corresponds to an ownership stake of 62.5 per cent of the total participation capital of the unit trusts. At the same time there has been a reduction in both in unrealised and realised capital losses. Tables Table 1 Participation capital by creditor sector . Profit and loss account. 31 December 1996-1999.