KUALA LUMPUR (Aug 14) – The Employees Provident Fund (EPF) announced a 22% year-on-year increase in investment income for the second quarter ended June 30, 2025, reaching RM20.61 billion compared to RM16.91 billion in the same period last year.
Financial Performance Highlights
- First Half 2025: Total investment income rose 3% to RM38.92 billion (Jan-Jun 2025 vs RM37.90 billion in 2024)
- Total Assets: Grew 8% year-on-year to RM1.31 trillion as of June 2025
Investment Portfolio Breakdown
Equities (67% of total income): Generated RM13.77 billion (up 35% from RM10.23 billion in Q2 2024)
Fixed Income (33%): Contributed RM6.73 billion from Malaysian Government Securities, loans, and bonds
Real Estate & Infrastructure: Accounted for 1.4% (RM290 million)
Money Market Instruments: Posted RM180 million loss due to ringgit appreciation against the US dollar
Income Allocation
Conventional Savings: RM17.39 billion
Shariah Savings: RM3.22 billion
CEO's Commentary
EPF CEO Ahmad Zulqarnain Onn attributed the strong performance to:
✔ Focus on high-quality domestic assets
✔ Disciplined asset allocation
✔ ESG-integrated strategies
"While global equity markets boosted valuations, we remain cautious about softening trade, inflationary pressures, and geopolitical risks," he said, emphasizing long-term resilience to protect members' savings.
Operational Updates
Membership:
- 16.4 million total members (8.98 million active)
- 286,194 new members added in 1H2025
- Active-to-inactive ratio: Stable at 55:45
Employer Registrations:
- 37,402 new employers in 1H2025
- 619,662 total active employers as of June 2025
Voluntary Contributions:
- Surged 55% to RM11.68 billion (vs RM7.55 billion in 1H2024)
- 34,442 members contributed above statutory rate (vs 19,591 in 2024)
Upcoming Initiatives
Foreign Worker Coverage:
- Mandatory contributions effective November 2025 (for October wages)
Account Restructuring:
- Voluntary opt-in system to help savings last longer in retirement
- No impact on existing withdrawal rights