The overall asset mix has been largely unchanged, with funds primarily invested in debt securities, followed by equities and deposits in banks. Nonetheless, we have observed a significant increase in investments in corporate debt and equity securities, which rose year-on-year by 18.8 percent and 39.0 percent, respectively.
This is viewed as part of the effort of trust entities to obtain higher yields amid a low interest rate environment. Still, trust assets are highly liquid, with 90.3 percent classified as investments in highly marketable securities and deposits in banks.