The making of RM1 trillion fund

Good dividends: The EPF, with 7.1 million active members, generally gives a dividend which is much higher than what the risk-free bank deposit rates offer. — Reuters

IN less than 18 months, the Employees Provident Fund (EPF) is projected to have assets under its management to the tune of RM1 trillion.

It is more than 50% of Malaysia’s gross domestic product and about 70% of the market capitalisation of Bursa Malaysia and three times the size of Permodalan Nasional Bhd’s assets under management.