Two factors led to lower EPF dividends this year, says CEO

The Star

There were two factors contributing to the lower dividend payments for this year, says Employees' Provident Fund (EPF) chief executive officer Ahmad Zulqarnain Onn.  Among them is the slower growth of the Bursa Malaysia’s Kuala Lumpur Composite Index (KLCI) which grew at 2.3% last year compared to about 12.9% in 2024.  Read more at https://tinyurl.com/49b4uapx  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

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00:04we show here the return on investment for the different asset classes we did

00:10see a lowering of return of investments or ROI for equities this had two

00:16reasons the performance of domestic equities which we will get to a bit of

00:21data later and also the strengthening of the ringgit against the US dollar

00:25which impacted the value in ringgit of our income from dollar assets we now

00:31recap the performance of very various equity indices the KLCI was up 2.3% in

00:372025 compared to 12.9% in 2024 international indices did very well

00:44powered by the well-known bull run in technology stocks with the S&P 500 up

00:5016.4% and the MSCI all country will index up 20.6% as I mentioned earlier the

00:58ringgit does impact our international holdings the ringgit was one of the

01:02best performing currencies in the world gaining 10.2% during the year

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