EPF reports better Q2 performance


  • Nation
  • Tuesday, 13 Sep 2011

KUALA LUMPUR: The Employees Provident Fund (EPF) posted RM6.75bil in investment income in the second quarter of this year, a year-on-year growth of 24.42 per cent or RM1.32bil compared to the same quarter last year.

The top three performing asset classes were equities, loans, bonds and Malaysian Government Securities.

"Most sectors from our equity investments fared considerably well, reporting healthy earnings and dividends.

"Profit-taking from some investments also added to our performance," its chief executive officer Tan Sri Azlan Zainol said in a statement.

"We will continue to be cautious and vigilant in our investments by maintaining a prudent and low risk investment approach," he said.

As at June 30, 2011, the EPF's total investment fund stood at RM462.54 billion.

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