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.

More in The Star Wednesday

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Nation

Covid-19: Quarantine period for inbound travellers will not be relaxed, says Health DG
Education should bring out the best in students, says Dr Mah
Covid-19: Six cases linked to VOC detected between June 20-22
Claims of SOP non-compliance at Pulapol KL being investigated, says Bukit Aman
Covid-19: Child, teen among 84 fatalities on Thursday (June 24)
Melaka MCA helps to address shortages of equipment at vaccination centres
761 detained for MCO violations on Wednesday (June 23)
Ismail Sabri: Several areas in Kedah, Sabah under EMCO from June 26-July 9
Construction industry supply chain affected by lockdown, says Builders Association
Covid-19: PM to announce ‘big’ aid package soon, says KJ

Stories You'll Enjoy