The Employees Provident Fund (EPF), with the approval of the Minister of Finance, today declared a dividend rate of 5.70 per cent for 2016, with a total payout amounting to RM37.08 billion.
The EPF recorded RM46.56 billion in gross investment income in 2016, an increase of 5.25 per cent compared with the RM44.23 billion recorded in 2015. This is the highest gross investment income ever recorded since the establishment of the EPF in 1951 and the amount has been growing annually at 11.1 per cent since 2001.
This is a commendable achievement in view of the much tougher market environment. For 2016, the rolling three-year real dividend was 3.83 per cent, 183 basis points above the target.
During the year under review, Equities continued to be the main contributor of income with 57.68 per cent amounting to RM26.85 billion, up 3.23 per cent compared with RM26.01 billion in 2015.
The EPF’s investments in fixed income instruments comprising Malaysian Government Securities & Equivalent and Loans & Bonds in total contributed 34.87 per cent, or RM16.23 billion, of the RM46.56 billion investment income for the year.
Real Estate & Infrastructure asset class contributed RM2.49 billion in investment income in 2016 with annual growth of 46.04 per cent compared with 2015, while Money Market Instruments contributed RM982.28 million of income during the year.
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