EPF global outreach bears dividends

THE announcement was eagerly awaited and certainly did not disappoint. There was plenty to cheer for Malaysians when the Employees Provident Fund (EPF) announced its headline dividend of 6.1% for its conventional fund and 5.65% for the syariah fund.

The dividend, given that the world was mired in a pandemic last year, was pleasant news for every EPF member, especially since Bursa Malaysia has almost perennially let down most investors in recent years.