EPF reports higher investment income of RM14.61b in Q3

Read more at https://www.thestar.com.my/business/busines...DlOCOgqbdDew.99

The Employees Provident Fund's (EPF)  total investment income in the third quarter ended Sept 30, 2018 rose to RM14.61bil, with equities accounting for the main revenue driver.

The retirement fund said on Wednesday the income was up 12.82%  from RM12.95bil a year ago.


Read more at https://www.thestar.com.my/business/busines...7DILZy5p4txQ.99

...... an increase in quarterly total investment income to RM12.88 billion for the first quarter ended 31 March 2018 (Q1 2018), a year-on-year increase of 9.20 per cent from RM11.79 billion recorded during the same period last year.

http://www.kwsp.gov.my/portal/en/news-list...DetailPage=true
.......third quarter ended Sept 30, 2018 rose to RM14.61bil, ......
The retirement fund said on Wednesday the income was up 12.82%  from RM12.95bil a year ago.
Read more at https://www.thestar.com.my/business/busines...vDDKcjK40Be0.99

1st quarter up, 3 quarter up....what about 2nd quarter?

increase in value term...how much was used for the investment? thus what is the % of ROi?

EPF Records RM12.39 Billion Income For Q2 2018

Investment income continue to grow albeit at slower pace

KUALA LUMPUR, 5 September 2018: The Employees Provident Fund (EPF) today reported an increase in quarterly total investment income to RM12.39 billion for the second quarter ended 30 June 2018 (Q2 2018), a year-on-year increase of 7.64 per cent from RM11.51 billion recorded during the same period last year.

I guess the dividends won't be higher.. Maintained or little lower

guarantee 2.5% but this country have seen too much 6.5 and above so if you give them 2.5%, hell will break loose.

Yup.. It won't be higher....
Guaranteed 2.5%

Dividends policy.. I'm not really sure.. There's no written policy on it.. Guess should be like PNB funds.. Min 90% of income...

Hmm..
Then only thing is to wait for next year...
See if maintained or little less...

In addition, the EPF further elaborates dividend rates and their performances are calculated and influenced based on the full distribution of net EPF revenue, depending on the return on investments that in turn is based on asset allocation.[6]

Huh..
Nett income..
Meaning there no buffer if shits happens...
Damn.. That's very risky... And the dividends swing like crazy.. No wonder in EPF history.. We got 4%+ dividends too...

Ahh too much work needed to be done..
I'm lazy to find it 😭😴

Anyone willing to help... See if EPF pays full or keep some of the nett income

My annual visit to guesstimate the EPF % ....

[attachmentid=10141464]

Looks very good with the highest Q1-3 figures in 2018!

Using past few years Q4 averages and std deviation, my guesstimates:

zero Q4              6.6%
average Q4          6.98%
average Q4 +1 sd dev    7.12%

Bear in mind this is based on just extrapolating the % based on the total yearly revenues. This is not 100% correct as the yearly principles are different and on the increase. Plus they may want to keep some bullets for the coming recession.

Guess I will be happy if its 6.8% or higher.

EPF’s number of approved withdrawals up 6.9% in 3Q18
http://www.theedgemarkets.com/article/epfs...drawals-69-3q18

Hi guys, i'm abit worried... I have worked for the current company for a year starting January 2018. Till date, my company has only made contribution on my behalf for 6 months (less than the stipulated amount). I have made complaint to the Company and so.. now thinking if I should make one to KWSP.. but more concerning is that, will I get lesser dividend to my current 2018 EPF than what I should get? Is the dividend calculated based on the amount I currently have in my EPF account (till 31 Dec 2018)?

The public keeps obsessing over the impact of the stock market on EPF returns when they are missing out on something that is just as big that is undergoing changes, that is EPFs debt investments.

While the new government likes to talk about the RM1 trillion of national debt as a purely bad thing, in reality EPF is the largest holder of the government's debt. It is EPF's debt investments, of which the bulk of It is in government bonds, that allows EPF to generate a steady base of investment income year after year  even when markets are down like in 2018.

As the new government has stated that they want to reduce debt levels and interest payment on the debt load, if they do achieve their target this will result in lower investment income for EPF and in turn, lower dividend payments for us in the long run.

EPF dividend of 5% possible, 6% may be difficult
http://www.theedgemarkets.com/article/epf-...ay-be-difficult

huhuh.. within the range I suspected..

That means a 5% dividend should be possible, even if the fourth-quarter income is a lot smaller. The wild card, of course, is the impact of potential write-downs.

while waiting for more value added responses to your queries,
I found this...

"If a member has nominated more than one beneficiary and one of them dies, only the portion that was bequeathed to the deceased beneficiary will be invalid.
If the member later dies without updating his/her nomination, the surviving beneficiaries will receive their portion accordingly. 

Only the portion that was bequeathed to the deceased beneficiary will subject to procedures under the “EPF savings without nomination” in which case priority for the right to claim
the deceased member’s savings shall go to next of kin or appointed administrator of the deceased member’s estate.

If the member has less than RM25,000 in his/her EPF Account, the initial sum of RM2,500 will be paid  to his/her next of kin.
The balance will be paid two months after the member’s death

If the member has more than RM25,000 in his/her EPF Account, the initial sum of RM2,500 will be paid  to his/her next of kin.
The second payment (not more than RM17,500) will be paid to the next of kin two months after date of death.
The balance of the savings will be paid upon submitting the Letter of Administration/Grant of Probate/Distribution Order/Faraid Certificate from estate administrators such as Amanah Raya Berhad or the Court or the Land Office. 

The EPF wishes to remind that obtaining these documents can be time-consuming and fees may be imposed by the issuing authorities"

http://www.kwsp.gov.my/portal/documents/10...sion_-clean.pdf

looking at that PDF file....it seems like that condition depended on the amount in EPF too

If a member dies without nominating a beneficiary and depending on the amount the member has in his/her EPF account, the following conditions will apply:

 If the member has less than RM25,000 in his/her EPF Account, the initial sum of RM2,500 will be paid  to his/her next of kin. The balance will be paid two months after the member’s death.

 If the member has more than RM25,000 in his/her EPF Account, the initial sum of RM2,500 will be paid  to his/her next of kin. The second payment (not more than RM17,500) will be paid to the next of kin two months after date of death. The balance of the savings will be paid upon submitting the Letter of Administration/Grant of Probate/Distribution Order/Faraid Certificate from estate administrators such as Amanah Raya Berhad or the Court or the Land Office. 

I missed out the word "have will" in your earlier post....
what I meant was, according the PDF...the initial few Ks will be given to the next of kins...the balance will be according to the will

yes,.....but I thought, EPF and insurance nomination "overights" the will....
just not sure in this case...