EPF investment income rises 20pc to RM57.7b in 2024, driven by GDP growth and equity gains

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EPF Notícia

Investment,Income,3Q

KUALA LUMPUR, Nov 11 — The Employees Provident Fund’s (EPF) investment income rose by RM5 billion to RM19.67 billion in the third quarter (3Q) of 2024, from RM14.67 billion in...

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“The EPF’s robust performance reflects its investment strategy of maintaining a highly diversified portfolio across major asset classes,” he said in a statement today. Ahmad Zulqarnain said equity investments were a substantial income contributor in 3Q 2024 at RM18.32 billion, compared to RM9.17 billion in 3Q 2023.

As of September 2024, the EPF’s investment assets stood at RM1.22 trillion, with 62.2 per cent allocated to local investments and 37.8 per cent to international investments. This contributed to an increase in the EPF’s new membership, with 364,364 new members registering in 9M 2024, bringing its total membership to 16.1 million.

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