EPF’s investment income plunged by 18% in the first 9 months of this year, not good for next year’s dividend announcement?
According to the latest information released by the Employees Provident Fund Board (KWSP), the EPF’s total investment income for the past 9 months was RM39.31 billion compared to RM48.02 billion for the same period last year, which means that the investment income for the first 9 months of this year dropped by RM8.71 billion or 18%.
If we look at the third quarter alone, the total investment income of the CPF Board is RM12.32 billion, compared to RM13.97 billion in the third quarter of last year. Compared to the third quarter of last year, investment income decreased by RM1.65 billion or 12%.
Although the CPF Board’s investment loss in the first nine months of the year, when comparing the investment income in the third quarter with the second quarter, the investment income in the third quarter increased due to the stabilization of the equity and fixed income markets.
In the third quarter, the CPF Board’s investments in equities generated 45% or RM5.49 billion in revenue, while fixed income instruments generated 39% or RM4.77 billion in revenue. The real estate and infrastructure areas brought in RM1.67 billion and money market instruments brought in RM390 million in investment income.
As of September 2022, the CPF Board’s assets have reached RM961.10 billion, 36% of which are invested in overseas assets. Overseas investments generated 43% or RM5.28 billion of investment income.
The contribution received by the CPF Board in the first nine months of this year was RM63.61 billion.
