The perspective report provides insights into the effect of COVID-19 on Uganda’s Retirement Benefits Schemes’ performance and strategies or approaches adopted by Fund Managers to provide a safe investment harbor for schemes against unexpected economic shocks. As of June 2021, the Sector assets grew to Ushs 17.8 trillion from Ushs 15.2 trillion in June 2020. The growth majorly comprises of contributions and Investment Income. The Fixed income portfolio which represents the principal base of investment income registered a 12-months median return of 16.7% while Money Market and Quoted Equities registered median returns of 10.1% and 15.1% respectively.
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