KUALA LUMPUR (11th November 2024): The Employees Provident Fund (EPF) announced that its investment income for the third quarter of 2024 reached RM19.67 billion, representing a 34.1% increase, or RM5 billion, from RM14.67 billion in the same period in 2023.
This robust third-quarter performance brought the EPF’s total investment income for the first nine months of 2024 to RM57.57 billion, a 20% rise compared to RM47.86 billion during the same period last year.
Equity investments were the primary driver of 3Q2024 income, contributing 93% of the total for the quarter. The fund reported RM18.32 billion in income from equities, almost double the RM9.17 billion recorded in 3Q2023.
For full details, you can read the original news article on The Edge Malaysia: EPF reports 3Q investment income increase.