Guaranteed funds reach Sh597bn on safety push

A guaranteed fund is an insurance-based investment product that puts money in assets such as equities, bonds and index funds while providing a minimum guaranteed value at maturity or upon death regardless of drops in the financial market.

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Small schemes are increasingly turning to guaranteed pension funds to shield members’ savings from market volatility and secure predictable returns, driving assets in the products to Sh597.1 billion by June 2026.

Data from the Retirement Benefits Authority (RBA) shows that assets held in guaranteed funds rose by 14.3 percent during the first half of the year to Sh597.1 billion from Sh522.4 billion in December 2025.

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