Dato’ Eric See-To
Here are some facts regarding the EPF:
Due to good economic growth and good investment management, since 2009 the growth in the total assets held by EPF has been phenomenal – reaching RM760 billion in Q2 of 2017.
In the first 6 months of 2017 alone, EPF’s total assets had grown by RM29 billion.
Prior to 2005, the EPF was not allowed to invest overseas due to capital controls.
However the size of the EPF funds have grown at such an extent, the EPF had to diversify overseas as our domestic market size is limited.
For example, in the year 2004 the EPF had RM240 billion in funds – equivalent to 33% of the total domestic stock market capitalization of RM722b at that time.
As at the end of 2016, the EPF’s RM731 billion of assets would equal 44% of the total Bursa’s stock market capitalization of RM1,667 billion.