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Originally published by Capital Business
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business
August 31, 2026
1h ago

Enwealth Umbrella Fund posts 18pc return as assets hit Sh1.2bn

Enwealth Umbrella Fund posts 18pc return as assets hit Sh1.2bn

NAIROBI, Kenya, Aug 31 – Members of the Enwealth Umbrella Fund earned a net return of 18.05 per cent in 2025, as the retirement scheme increased its assets and membership,…..

✨ Key Highlights

The Enwealth Umbrella Fund reported an impressive 18.05 percent net return for the year 2025, significantly boosting its assets and membership. This growth was partly fueled by an increasing number of employers opting out of the NSSF Tier II contributions.

  • The fund's net assets grew to Sh1.185 billion in 2025, a 12 percent increase from the previous year.
  • Enwealth Umbrella Fund, a retirement scheme, saw its membership climb by 28 percent to 1,762 members in 2025.
  • Contributions through the NSSF Tier II opt-out mechanism surged to Sh30.62 million in 2025, now representing about 15 percent of total contributions.

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