EPF 1Q investment income down 17.8% to RM15.85b, dragged by global equity decline

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EPF 1Q investment income down 17.8% to RM15.

He said the EPF’s diversification into different asset classes, markets and currencies continue to provide income stability and add value to EPF’s overall return.

Any further withdrawals would financially impact the EPF and weaken the fund’s current portfolio position and capacity to ensure sustainable returns.“We will strive to ensure the health of our finances and globally diversified portfolio, guided by our Strategic Asset Allocation (SAA), so that we are able to ride out volatilities in pursuit of our long-term portfolio objectives,” he said.

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Category: InvestingFinance

Topics: Investment Amir Million Equities Total Ensure Billion Epf’s Quarter Hamzah Income

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-21, 05:21:41

News Timezone: GMT +8:00

News Source URL: theedgemarkets.com

Language: English

Reading Time: 5 minutes read

Article Length: 727 words

Coverage Area: Malaysia

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News ID: 1581

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