The 37-year-old Fund is the largest pension fund in the countries of the East African Community, with assets under management, worth over UGX 15.6 trillion as at the end of 2020/21. In the last 12 years, 11 of which have been under Richard Byarugaba, assets under management have grown 9 times (814%), from UGX1.7 trillion in 2009/10 to UGX15.6 trillion— a CAGR of 20%! Barring any occurrences, if the Fund’s CAGR can be maintained, and factoring in the UGX1 trillion that NSSF is expected to pay out in mid-term withdrawals, NSSF is expected to hit its UGX20 trillion assets target…
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