Do you know where KWSP invests members’ provident fund savings?
According to data released by the Employees Provident Fund (KWSP), 42% of assets are invested in the stock market, 47% of assets are invested in fixed income instruments, 4% of assets are invested in money market instruments and 7% of assets are invested in real estate and infrastructure construction.
Equity markets contributed 63% of investment income, while fixed income instruments contributed 32%, money market instruments contributed 3%, and real estate and infrastructure contributed 2%.
Of the RM1.9232 billion in provident fund investment assets, 37.7% is invested overseas and 62.3% is invested domestically. In the third quarter, overseas investment contributed 6.55 billion ringgit, which accounted for 45% of investment income, and the remaining investment income came from domestic investment projects.
As of the third quarter of 2023, investment income from the Conventional Account was RM47.86 billion, while the Shariah Account only contributed RM5.15 billion in investment income.