Collective Investment Scheme Register
Definition
What is Collective Investment Scheme Register?
An official register of authorised or registered pooled investmentAn asset or commitment of money made with the expectation of future income, growth, or both. schemes maintained by the relevant regulator.
Example in practice
How This Looks in Practice
An investorA person or organisation that commits capital with the expectation of a financial return. checks the register before subscribing to a mutual fundA pooled investment vehicle that combines money from many investors into one professionally managed portfolio..
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Related Terms
Nigerian Exchange
Nigeria's principal securities exchange, where listed shares, bonds, ETFs, and other instruments trade.
Nigeria InvestingNGX All-Share Index
A broad index designed to measure price movements of eligible equities listed on the Nigerian Exchange.
Nigeria InvestingCentral Securities Clearing System
Nigeria's central securities depository and clearing infrastructure for eligible capital-market securities.
Fund BasicsMutual Fund
A pooled investment vehicle that combines money from many investors into one professionally managed portfolio.