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Tuesday, July 20, 2010

OLD MUTUAL


The Old Mutual Group in Kenya consists of Old Mutual Life Assurance company established in 1920, Old Mutual Asset Managers established in 19997, and Old Mutual Investment services established in 2002.

Old Mutual Life Assurance CO (OMLAC)
This is the backbone of the group and offers Investment savings as well as life assurance products. They include:

The Kenya Stable Fund
This fund provides medium to long term savings vehicle to accumulate capital over time. It uses the concept of Unit Trust Investment with distributions into the Equity market, money market and Property market proportions of 60%, 20% and 20% respectively, to spread risk and maximize returns.

In the Kenya Stable Fund investors have two choices:-
The Regular Premium Savings Benefit:

This product allows an investor to earn through purchase of units on a monthly or annual basis, minimum of Ksh 5,000 p.m or Ksh 60,000 p.a. Compounding monthly interest increases the growth over a specified term.

The Single Premium Injection Benefit
The Single Premium Injection Benefit provides an accelerated mechanism of growing your lump sum savings over a period of time, minimum ksh 200,000.

For more information contact Old Mutual www.oldmutualkenya.com

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