Retirement Fund – KWAP

Kumpulan Wang Persaraan (Diperbadankan) (KWAP) or the Retirement Fund (Incorporated) was established on 1 March 2007 under the Retirement Fund Act 2007 (Act 662) replacing the repealed Pensions Trust Fund Act 1991 (Act 454). The Pensions Trust Fund Act 1991 (Act 454) was enacted to assist the Federal Government in funding its pension liability. With the enactment of this Act, the Pensions Trust Fund was established on 1 June 1991 with a launching grant of RM500 million from the Federal Government. The Pensions Trust Fund was administered by the Pensions Trust Fund Council with the Accountant-General of Malaysia being responsible for the day-to-day administration and management of the affairs of the Pensions Trust Fund.

Asset allocation

https://www.kwap.gov.my/media-centre/kwap-fund-size-grew-to-rm169-8-billion-an-increase-of-rm11-7-billion-in-2023/

47.9% Public Equity

35.5% Fixed Income

5.3% Real Estate

4.8% Private Equity

2.1% Infrastructure

4.4% Money Market

Website

View the annual report

Asset allocation as of December 31, 2023. All information is as per the most recent annual report or other publicly available data via the fund's website