About Milele Draw-down Fund
At Milele Income Drawdown Fund, we believe retirement should mean freedom, flexibility, and peace of mind. Our fund empowers retirees to enjoy life today while securing their future, with your pension working for you every step of the way.
Guided by the Retirement Benefits Authority (RBA) regulations, we allow you to invest, withdraw, and grow your savings with ease. Your balance remains actively reinvested, designed to deliver consistent, superior returns so you can focus on living fully.
Since 2015, over 1000 retirees have trusted us to safeguard their future. With Milele, you gain the flexibility to choose an investment option tailored to match your goals, manage risk effectively, and ensure a steady income for the years ahead.
Flexibility
Withdraw as needed to match changing expenses and lifestyle.
Inflation Protection
Adjust your income over time to maintain purchasing power.
Access to steady payments through regulated withdrawals.
Capital growth through reinvested annual income.
Pass on surplus capital to your beneficiaries.
No tax on transfer or payment of pension.
Key Benefits
Withdraw your monthly pension income while the remaining balance continues to grow.
Individual members enjoy flexibility in terms of the frequency, timing, and amount of income withdrawals.
The Scheme is a legally separate Trust, regulated by the RBA and KRA, with assets held securely by a Custodian, distinct from the founding company’s assets.
At GenAfrica, we invest in our people the same way we invest for our clients – with intention, excellence, and a commitment to diverse expertise.
This tool helps you estimate how long your pension savings might last if you choose to withdraw money gradually in retirement. It models different scenarios based on your personal choices and assumptions.
Disclaimer: This illustration is based on general assumptions that may not align with your personal circumstances, meaning your pension fund could last for a shorter or longer period than shown. For a projection that accurately reflects your situation, we recommend seeking tailored financial advice. Please note that the outputs from this calculator are for guidance only and should not be regarded as advice or a personal recommendation.
Our Products and Services
We offer investment management services to a variety of investors including Pension Schemes, Shariah Compliant Schemes, Endowment Funds, Private Clients, Medical Schemes, Deposit Protection Funds, Offshore Clients and Trust Funds. In addition, we offer investment advisory for wealth and treasury management