Fund Details
Name of fund
NBC Umbrella Retirement Fund
Date Started
April 1, 1999
Financial year end
31 March
Head Office
Max Maisela Park 22 ridge Road, Parktown, Johannesburg 2193
Fund Sponsor
NBC Holdings (Pty) Ltd
Administrator
NBC Fund Administration Services
Constitution of Board of Trustees
In terms of the Rules of the Fund, the Board is constituted by eight (8) Trustees, four (4) of whom are Independent Trustees and the other four (4) are Internal Trustees, appointed by the Sponsor – NBC Holdings. All Trustees are vetted by the Fund Sponsor prior to assuming office.
In total there is 8 Trustees comprising of 4 independent trustees and 4 sponsored Trustees
In total there is 8 Trustees comprising of 4 independent trustees and 4 sponsored Trustees
Name of Principal Officer
Seren Thomas
Number of participating employers
96
Number of members
22 219
Value of total assets
R 4,680,596,501.77 as at 30 April 2025
Default investment strategy
LifeStage strategy & One Size Fits All Strategy
Our default investment strategy combines flexibility, simplicity, and security, tailored to align with clients’ evolving financial needs across life stages designed in line with each client’ membership profile. Clients benefit from dedicated guidance and proactive support from the Fund’s investment consultant, enabling confident decision-making in a dynamic market environment.
Our default investment strategy combines flexibility, simplicity, and security, tailored to align with clients’ evolving financial needs across life stages designed in line with each client’ membership profile. Clients benefit from dedicated guidance and proactive support from the Fund’s investment consultant, enabling confident decision-making in a dynamic market environment.
List of investment portfolios
RISE CPI +7 Fund
RISE CPI +5 Fund
RISE CPI +3 Fund
RISE Money Market Fund
Note: RISE Shariah Balanced Portfolio is available as an additional investment portfolio under all Options in the Essential Solution.
RISE CPI +5 Fund
RISE CPI +3 Fund
RISE Money Market Fund
Note: RISE Shariah Balanced Portfolio is available as an additional investment portfolio under all Options in the Essential Solution.
List of insurers available
Capital Alliance
Bryte Life Company Limited
Momentum
Discovery
Sanlam Life Insurance
The above list is not exhaustive as quotes are obtained from other credible insurers e.g. Old Mutual and RMA
Bryte Life Company Limited
Momentum
Discovery
Sanlam Life Insurance
The above list is not exhaustive as quotes are obtained from other credible insurers e.g. Old Mutual and RMA
Can a participating employer use an external consultant at no additional fees?
No
Email
Contact No
010 206 0000 or 010 206 0596