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Home Investments

Cytonn income drawdown fund (CIDDF), an ideal option for retirees

Christine Akinyi by Christine Akinyi
May 2, 2025
in Investments, Money
Reading Time: 2 mins read

Planning for retirement today requires more than just accumulating savings, it demands a smart, flexible strategy that ensures your money keeps working for you. The Cytonn Income Drawdown Fund (CIDDF) offers a forward-looking retirement income solution tailored for individuals transitioning out of pension schemes in Kenya. Rather than settling for a traditional annuity that offers fixed payments and limited control, the CIDDF allows retirees to draw income periodically from their invested retirement benefits, while still enjoying the growth potential of professionally managed investments.

At the core of CIDDF’s appeal is its flexibility. Retirees can choose how much income they want to draw, within regulatory limits and how often they want to receive it, whether monthly, quarterly, or annually. This structure gives pensioners the freedom to design an income stream that fits their lifestyle, while the underlying capital remains invested to potentially deliver higher returns. Unlike annuities, the fund does not lock retirees into fixed payments or surrender their capital to an insurance company. After the minimum 10-year drawdown period, members can continue with the fund, make a full withdrawal, or shift to another retirement product, giving them full control over their future.

The fund also offers strong financial advantages. Moreover, the investment strategy behind CIDDF is designed to optimize returns through a mix of assets, including fixed income, equities, and real estate-backed investments. While returns are not guaranteed, the fund is managed with the goal of delivering long-term capital preservation and income generation.

Governance and security are also central to CIDDF’s value. The fund is structured as an independent trust and is regulated by the Retirement Benefits Authority (RBA). It is managed by Cytonn Asset Managers Ltd, supported by an experienced trustee, administrator, and custodian, ensuring transparency and accountability. In the event of a member’s death, the remaining fund balance is paid out in full to the nominated beneficiaries, offering peace of mind that your hard-earned savings are protected and passed on as intended.

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The Cytonn Income Drawdown Fund is designed for those who want more than just a basic pension payout; it is for individuals who value flexibility, potential growth, and control over their retirement finances. As retirement planning continues to evolve, CIDDF stands out as a modern solution that meets the needs of today’s financially aware retirees. If you’re looking to secure your future while maintaining access to your funds and the potential for growth, CIDDF offers a compelling alternative to conventional retirement options.

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