Malawians saving for retirement through the Old Mutual Guaranteed Fund are set to benefit after Old Mutual Life Assurance Company declared a 94 percent return for 2025, a sharp rise from the 37 percent return recorded in 2024.
Announcing the performance, the company’s Managing Director Mark Mikwamba described the result as evidence of strong investment discipline and the firm’s commitment to protecting and growing members’ retirement savings.
Mikwamba said the return was not just about the figures but what they represent for pension contributors and retirees across the country.
“It is a strong result that we are proud of, but what makes it truly significant is not just the number, it is what the number represents. It reflects disciplined investment decision-making, a robust fund structure, and our commitment to growing and protecting our members’ retirement savings. The 94% is proof that our strategy works,” he said.
The Old Mutual Guaranteed Fund is currently the largest investment fund in Malawi offered to retirement funds and includes three access structures namely Segregated Funds, the Unrestricted Fund, and the Preservation Fund, also known as Protektor.
According to Mikwamba, the company’s approach is designed to shield members from extreme market fluctuations while still delivering long-term growth.
“When markets are broadly favourable, most funds will perform well. The real differentiator is what happens when markets turn,” he said.
He added that the fund’s smoothing mechanism helps cushion members against market volatility both during economic upswings and downturns, ensuring more stable returns over time.
Looking ahead, Mikwamba said the company will continue focusing on strategies that deliver returns above inflation while safeguarding the value of members’ savings.
