According to Forbes, Malaysia’s state pension fund, the Employees Provident Fund (EPF, also known as KWSP) reported that its investment income in the first half grew 38.6% to 9.8 billion ringgit from 7.1 billion a year earlier.
This is indeed a good news to those hard working contributors from Malaysia’s work force. This magnificent growth is due to the 58.6 billion ringgit fund exposure in the equities sector, about 19% of EPF’s total fund size. We will see how much is the dividend declaration next year. What’s your prediction?