Individual promotion

Diaspora migration

Chamas meeting

Corporate skyscraper

Individuals

Collective Invest Schemes
      • Kshs Money Market Fund
      • USD Money Market Fund
      • Fixed Rate Money Market Fund
      • Kshs Bond Fund
      • USD Bond Fund
      • Equity Fund
Pensions
      • Income Draw Down (IDD)
      • Individual Pension Plan (IPP)

Diaspora

Collective Investment Schemes
    • Kshs Money Market Fund
    • USD Money Market Fund
    • Fixed Rate Money Market Fund
    • Kshs Bond Fund
    • USD Bond Fund
    • Equity Fund
Pensions
      • Individual Pension Plan (IPP)

Chamas

Collective Investment Schemes
      • Kshs Money Market Fund
      • USD Money Market Fund
      • Fixed Rate Money Market Fund
      • Kshs Bond Fund
      • USD Bond Fund
      • Equity Fund
 Pensions
      • Income Draw Down (IDD)
      • Individual Pension Plan (IPP)

Corporate

Collective Investment Schemes
      • Kshs Money Market Fund
      • USD Money Market Fund
      • Fixed Rate Money Market Fund
      • Kshs Bond Fund
      • USD Bond Fund
      • Equity Fund
Pensions
      • Umbrella Fund
      • Segregated Fund

Collective Investment Schemes

Applicable to:

  • Individual
  • Diaspora
  • Chamas
  • Corporates
LOFTY-CORBAN

Segregated Funds

This product is targeted to registered pension funds that are big enough to enable, on their own, investment diversification and negotiation of favorable investment terms.​
In this product, each client’s funds are held separately by a custodian appointed by the client and funds are managed independently from other pension funds and in line with the objectives set out for the fund.
Features of a Segregated Fund:-

    • For a scheme to be managed on a segregated basis, the employer needs to set up the scheme and register it with the Retirement Benefits Authority and Kenya Revenue Authority. In cases where the employer has not set up their scheme, LCIL can assist in this process.
    • The funds for the scheme will be held by a custodian bank appointed by the client. The custodian will ensure that funds are invested for the benefit of the scheme and are safe.
    • Once registered, the scheme is considered an independent entity and must appoint trustees who will be responsible for the running of the scheme.​
    • The scheme will appoint an administrator who will carry out the day to day administration tasks of the scheme which include, but are not limited to, keeping members records, communicating with members of the scheme, ensuring that the scheme is compliant with Retirement Benefit Authority regulations and other tasks as may be agreed with the Trustees of the scheme. If the scheme is able, the law allows it to be its own administrator.
    • The scheme must comply with all regulations of the Retirement Benefit Authority that are generally intended to ensure that the funds are safe. In most cases, the Scheme Administrator and Fund Manager will advise the Trustees accordingly on compliance issues.​
    • We generally advise that a Scheme have assets of more than Kshs 500 million to be managed in a segregated basis. Such amount of investment will allow the Scheme to undertake meaningful investment. For smaller schemes, we would advise a Guaranteed fund.​