KUALA LUMPUR: The Employees Provident Fund (EPF) recorded a total investment income of RM33.19 billion for the first half year ended June 30, 2023 (1H 2023), an increase of RM9.44 billion, compared with RM23.75 billion in the corresponding period in 2022.

The amount was after netting off listed equity write-downs recorded for the period under review, said the EPF in a statement today.

Out of the RM33.19 billion total investment income, EPF generated RM4.79 billion from mark-to-market (MTM) gains of securities that have not been realized.

The MTM gains were mainly due to the fluctuation of foreign exchange rates.