Just today ( 17 Nov), the Employees Provident Fund (EPF) has wrapped up a strong third quarter, with it’s investment earning hitting a whopping RM25.07billion. The amount garnered has seen an significant increase as compared to last year, which was totaled at RM19.67 billion.

EPF sees 27% jump in Q3 investment earnings

With this boost, EPF’s total investment income for January to September climbed to RM63.99 billion — an 11% increase compared to RM57.57 billion in the same period last year.

EPF sees 27% jump in Q3 investment earnings
Image credits: Bernama

EPF CEO Ahmad Zulqarnain Onn said the fund’s growth, along with a 12% rise in assets under management, reflects steady execution of its strategic asset allocation. Malaysia’s solid economic performance continues to play a big role, making up 61% of EPF’s portfolio. Meanwhile, global investments contributed 53% of total investment income for the quarter.

With global equity markets pushing their valuations higher, and mixed economic signals that could slow down expected interest rate cuts, EPF has shared that the final quarter might be trickier to manage. However, to manage these risks, EPF has been locking in profits at a faster pace, a performance that may be hard to replicate in Q4.

EPF CEO Ahmad Zulqarnain Onn said the fund’s growth, along with a 12% rise in assets under management, reflects steady execution of its strategic asset allocation.
Image credits: Malaysiakini

Equities remain as biggest money-maker

For Q3 2025, equities remained EPF’s biggest money-maker, contributing a significant portion of income. Here’s a quick breakdown of the numbers:

  • Total Q3 investment income: RM25.07 billion (up 27% from RM19.67 billion in Q3 2024)
  • Total investment income for January to September: RM63.99 billion (up 11% from RM57.57 billion)
  • Equities contribution: RM16.95 billion (68% of total). Not quite last year’s RM18.35 billion, but definitely an improvement after a sluggish start to the year.
  • Fixed income contribution: RM6.75 billion (27% of total)
  • Simpanan Konvensional: RM20.48 billion
  • Simpanan Shariah: RM4.59 billion
  • Total assets under management: RM1.37 trillion (12% growth YoY)
  • International investments: Approximately 39% of total assets, generating RM13.33 billion (53% of total investment income)

Ahmad said the fund remains encouraged by the resilience of the Malaysian economy and its global investment strategy, even as it prepares cautiously for the challenges that Q4 may bring.

Follow Wah Piang for more updates.

For latest updates, follow our Telegram!