EPF investment income up 19.4% in 3Q

The provident fund said that of the RM47.86bil income, RM4.62bil were due to mark-to-market (MTM) gains of securities that have not been realised.

PETALING JAYA: The Employees Provident Fund (EPF)’s total investment income rose 19.36% year-on-year (y-o-y) to RM14.67bil for its third quarter ended Sept 30, 2023 (3Q23), driven by gains as a result of a weaker ringgit.

On a nine-month basis, the provident fund saw a 33% increase in its total investment income to RM47.86bil from RM36.04bil a year ago.