Let EPF decide its strategy

The EPF’s overall investment assets grew to RM1.04 trillion at the end of the first quarter 2023.

KUALA LUMPUR: The call by the government for the Employees Provident Fund (EPF) to increase its domestic investments to 70% from 64% presently may affect its dividend outlook to its members.

This as recent statistics showed that despite having 37% of its investments parked in overseas based assets, this segment had generated RM7.04bil in income, which represented almost half or 46% of the total investment income recorded for the recent first quarter.