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KUALA LUMPUR: The Employees Provident Fund (EPF) has declared a dividend of 6.15 per cent for the financial year ending Dec 31, 2012, the strongest results in early millennium.
Its chairman, Tan Sri Samsudin Osman said the rate was 15 basis point higher than six per cent paid in 2011.
"It is also a new record for RM27.45 billion will be disbursed to EPF members, up 12.20 per cent from RM24.47 billion distributed the previous year.
"EPF also recorded the highest gross investment income of RM31.02 billion in 2012, an increase of 13.91 percent compared to 2011," he said in a statement.
He said despite increasingly complex investment environment, the EPF maintained a steady upward momentum to record the strongest results since the early millennium, supported by effectiveness of long-term investment strategy, and disciplined and prudent approaches.
In addition, he said in line with the Strategic Asset Allocation practised by the EPF, most of its asset investments continued to be confined to low-risk fixed-income and stable instruments.
He said equity investment made up 38.77 per cent of the total asset investment in 2012 while the remaining 3.59 per cent and 2.42 per cent respectively were in money market instruments, and real estate and infrastructure.
"While we invested in various investments, they were largely in low-risk fixed-income instruments for which the rate of return on annual investment (ROI) exceeded six per cent for three consecutive years.
"Equity generated double-digit ROI of 10.06 per cent, while return from fixed-income instruments exceeded 5.50 per cent, despite current low interest rates," he said.
At the same time, he said several one-off transactions in the capital market undertaken in 2012 bear fruit for income from loans and bonds recorded the highest increase compared to 2011. -- BERNAMA