Personal retirement · Enwealth Personal Provident Fund
3 plans, side by side
No employer involved — you open the account, you decide what goes in, and it stays yours if you change jobs or work for yourself. Same scheme and same custodian across the range; what changes is the minimum, the fee, the fund, and how long the money sits before you can reach it.
| Term | Personal StarterBegin with as little as KES 1,000 a month. | Personal BalancedGrowth and stability together, from KES 5,000 a month. | Personal GrowthFor a long horizon and a stronger stomach. |
|---|---|---|---|
| Minimum a monthWhat you commit to paying in | KES 1,000lowest | KES 5,000 | KES 10,000 |
| Annual feeCharged on the balance, not on the contribution | 1.5%lowest | 1.75% | 2% |
| Where it is investedThe fund your contributions default to | Money Market3 funds to choose from | Balanced4 funds to choose fromwidest choice | Equity Growth2 funds to choose from |
| How much it movesWhat that fund returned recently — not a forecast | 7.2%Barely moves | 8.9%Some movement | 12.4%Can fall as well as rise, sharply |
| Open toYour age at the point you join | 18–60 | 18–60 | 18–50Closes 10 years before the scheme retirement age |
| Pay inHow often contributions may be made | Monthly, quarterly | Monthly, quarterly, annuallymost flexible | Monthly |
| Reachable fromEarliest access, and how long it must be held first | Age 50after 12 monthsshortest lock-in | Age 50after 12 monthsshortest lock-in | Age 50after 24 months |
| Who it is for | For someone saving for retirement on their own for the first time. The lowest minimum in the range, held in the Money Market Fund so the balance does not move much while the habit forms. | The middle of the range. Contributions default to the Balanced Fund, with the option to move across the whole fund list as circumstances change. | Equity-led, and closed to anyone within ten years of the scheme retirement age — a fund that can fall by a fifth in a year is the wrong place for money that is about to be drawn. |
| Open Starter | Open Balanced | Open Growth |
Scroll the table sideways to compare. The term column stays in place.
A green tick marks the lowest cost, the widest choice or the shortest lock-in in that row — it does not mark the best plan for you. “How much it moves” is what each fund returned recently and is not a promise about next year. Every figure here is read from the product catalogue at the moment you load the page. You will need your national ID and a phone that can receive a code to open any of them.
Work out what it could come to
Both of these are illustrations. They show what the arithmetic gives for the numbers you put in — nothing here is a quotation, a guarantee, or advice about what you personally should do.
What might this be worth at retirement?
An illustration, not a quotation. It assumes you keep paying in and that returns average out — neither of which is guaranteed.
Balanced Fund returned 8.9% over the last year. Past returns are not a forecast.
In today’s money that is about KES 414,870 — what the pot would buy if prices rise 5% a year. The larger figure is what the statement will say; this is what it will be worth.
Money market: what would it earn?
For money you want to keep steady. Yields move — the rate below is what the fund returned recently, not a promise about next year.
Money Market Fund returned 7.2% over the last year.
Deducted from interest before it reaches you. Confirm the rate that applies to you.
A money market fund is not a deposit account and is not guaranteed. It aims to hold its value and pay interest, and in unusual conditions it can do neither.
Things worth knowing before you start
- This is not a savings account. Money in a provident fund is for retirement, and the access rules above are the rules — not guidelines.
- Investments can fall. The higher-returning funds move more, in both directions. The plan you pick sets where your money starts, and you can move it later.
- You can change what you pay in. The minimum is a floor, not a commitment for life.