PETALING JAYA: The Employers Provident Fund (EPF) overseas assets had outperformed domestic investments directly resulting in higher dividends for its contributors, said the Barisan Nasional Strategic Communications team. "There is nothing wrong for the EPF to invest in USA equities. Other funds in the world such as the Japan pension funds, the Norway sovereign fund and Singapore's Temasek and GIC funds are heavily invested there," he said in a statement on Saturday. See-To said that the value of EPF's assets will continue to grow as it had experienced in recent years, growing from RM636bil at the end of 2014 to RM760bil at the end of June 2017. "In fact, EPF's total assets had grown RM28.67bil in the six months period between June 2017 and December 2016," he added.
Source: The Star September 16, 2017 09:39 UTC