Madison Unit Trust Fund holds 15th AGM as company marks 25 years anniversary

Madison Investment Managers Limited closed 2025 with total funds of Sh25 billion, with Unit Trust Funds about Sh16 billion.

Rebecca Tiba, the Managing Director of Madison Investment Managers, also told Unit Holders at the Annual General Meeting (AGM) held on Friday, April 17, 2026, that the Fund will this year introduce a new US dollar fund, giving investors more investment options. 

“This year is an exciting year because we are celebrating our 25th year of operations in Kenya. Our funds over the years have grown to Sh25 billion – both for corporate clients and unit trusts", she said.

"This year, 2026, we are projecting growth of total funds to Sh36 billion,” she said, even as she added that the firm has in place plans to expand reach as it rolls out its digital strategy. 

“Our growth has mostly come from corporate and retail clients. We have an aggressive strategy on digital, and we have in place a mobile app, a self-service portal as well as a USSD platform. We also have products for diaspora clients and are also launching a US dollar fund."

The US Dollar Special Fund will be in addition to the money market, fixed income and wealth special funds that the company manages.

MarkAnthony Ngare, the Investment Manager said that the US dollar fund is designed to help investors get currency exposures with good returns.

He explained that the returns for unit holders from the three other funds have been above the market averages. 

“Looking at the funds that we have, we posted good returns last year compared to the market. For the Money Markey Fund, being able to give an average return of 12% compared to the benchmark rate of 7% , was fairly good. It was the case for the other funds which were generally above the market,” he said.  

At the Madison Unit Trust Fund AGM, management presented the Funds’ financial results and other details of the fund to unit holders and also responded to their queries.