KUALA LUMPUR, Aug 3 ― Retirement Fund will embark on a diversification strategy and aims to achieve seven per cent return by 2025 from the current six per cent.
“We see the returns from the public markets have not been on the high trajectory from a growth perspective compared to the private market, but we are seeing double digit growth in returns from the private market base. “That's why our TERAS 5 focus is to ensure the capabilities skill set is enhanced,” she said in a press conference after the TERAS 5 launch officiated by Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz here today.
Meanwhile, backed by a strong foundation of achieving about six per cent returns in the past 10 years, she said TERAS 5 will support the target of seven per cent returns while improving its services to pensioners.