KWAP grows fund size to RM185bil, targets RM200bil

Ahmad Maslan said that the fund’s investments are 80% local, while the remaining 20% is abroad.

PETALING JAYA: The Retirement Fund (Inc) (KWAP) has achieved a total gross fund size of RM185.4bil from the RM200bil target to be achieved in 2025.

Deputy Finance Minister 1 Datuk Seri Ahmad Maslan said of the RM185.4bil collected as of July 2023, 40% was invested in fixed income instruments, 40% in public equity, 10% in private equity as well as another 10% in real estate.