EPF Q1 investment income lower at RM15.85b

: The Employees Provident Fund recorded total investment income of RM15.85 billion for the first quarter ended March 31, 2022 , 17.8% lower than the RM19.29 billion recorded in the corresponding quarter in 2021, driven by a significant decline in worldwide markets.

Although earnings generation from equities, which continued to be EPF’s main income contributor, was impacted by the market slowdown, Amir Hamzah said the EPF managed to leverage on its portfolio position to capitalise on additional gains. Fixed income instruments, comprising Malaysian Government Securities and equivalent, as well as loans and bonds, contributed a steady income of RM4.75 billion, or 30% to the gross investment income. The income recorded was higher compared to RM3.89 billion generated in Q1’21, largely due to higher market yield in Q1’22, compared to the same period last year.

A total of RM1.88 billion out of the RM15.85 billion gross investment income was generated for Simpanan Shariah, and RM13.97 billion for Simpanan Konvensional. Simpanan Shariah derives its income solely from its portion of the syariah portfolio while income for Simpanan Konvensional is generated by a share of both the syariah and conventional portfolios.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Dr M: Malaysia needs more competitive investment policiesKUALA LUMPUR: Malaysia needs to draw up highly competitive investment policies to attract more investments to help eradicate poverty, says former prime minister Tun Dr Mahathir Mohamad. very much agree. government should compensate the trading losses to the investors. 'I just went to Indo and found that now many investors are keen to invest in Indo coz its 270 mil population offers a bigger market than Msia, which has a population of just over 30 mil'...what? Now only u know Aiyoyo! The way to invest currently is Outside Malaysia & whatever you do just take money out of the country while you still can , even EPF and shit no point Hoping on a sinking ship on fire 🔥
La source: staronline - 🏆 4. / 75 Lire la suite »

Dr Mahathir: Malaysia needs more competitive investment policies to help eradicate povertyKUALA LUMPUR, June 19 — Malaysia needs to draw up highly competitive investment policies to attract more investments to help eradicate poverty, said former prime minister Tun Dr... Please don't make jokes...Malaysia is cursed by religion and corrupted nation Malaysia needs more young politicians.
La source: malaymail - 🏆 1. / 86 Lire la suite »