EPF records RM19.29bil in gross investment income for 1Q


KUALA LUMPUR: The Employees Provident Fund (EPF) recorded a gross investment income of RM19.29bil in the first quarter ended March 31, despite uncertainties from Covid-19.

In a statement Tuesday, the retirement fund said equities registered RM14.28bil in income during the quarter, accounting for 74% of total gross investment income, while fixed income instruments continued to contribute a stable income of RM3.92bil.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

EPF , Amir Hamzah Azizan , KWSP , i-Sinar , i- Lestari

   

Next In Business News

Wall St set to kick off week higher; U.S. inflation in focus
Opcom auditor resigns after audit fee disagreement
Ringgit closes easier against US dollar as greenback gathers strength
Maxis appoints MR DIY CEO Adrian Ong as director
Optimax secures license to offer plastic surgery and aesthetic services
TCS wins RM10.7mil construction contract
EVE Energy builds new US$422mil manufacturing facility in Kulim, kedah
UMW Toyota July sales jump 25.8% to 8,349 units
KLCI ends flat on cautious investor sentiment
Maybank2u and MAE apps currently down; credit and debit card use also unavailable (Updated: Services back to normal)

Others Also Read