Pension fund or public asset manager

Tshwane Municipal Provident Fund

Compiled from public sources

The Tshwane Municipal Provident Fund (TMPF) is a South African defined-contribution retirement fund established to provide retirement, withdrawal, and death benefits specifically for employees of the City of Tshwane Metropolitan Municipality. The fund operates as a legal entity independent of the municipality, governed by a Board of Trustees. Its investment strategy is designed around a multi-manager approach, aiming to provide members with inflation-beating returns over the long term while managing downside risk through diversified asset allocation. The fund adheres to Regulation 28 of the Pension Funds Act, which sets limits on its exposure to asset classes, including equities, bonds, property, and alternative investments such as private equity.