Prof Yeah Kim Leng of Sunway University said it was a highly commendable performance especially since more than RM100bil had been withdrawn under the various stimulus packages.
Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid agreed that the dividends were better than expected and was a sign of how EPF’s portfolio investment strategy had paid off. Dr Afzanizam said geo-political worries, like the war in Ukraine, would also result in heightened uncertainties.However, he was confident that EPF had high calibre fund managers and economists who would be able to provide the right advice when deciding on investments.AmBank Group chief economist Anthony Dass said the improved dividend payout had been expected, with EPF’s resilience and its ability to capitalise on global economic recovery.
He added that EPF’s diversification in different asset classes, markets, and currencies would have also provided income stability and added value to the fund’s overall returns.
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