EPF’s stock investment portfolio records unrealised gain of Rs.28bn for 2021

The market value of the listed equity portfolio of the Employees’ Provident Fund (EPF) as at end-December 2021 recorded a value of Rs.112 billion, against its cost of Rs.84 billion, thereby reflecting a substantial unrealised gain of Rs.28 billion in the portfolio, the Central Bank yesterday said.

Managed by the Monetary Board, the EPF is Sri Lanka’s 
superannuation fund.

In addition, the EPF also realised Rs.4.7 billion during the year 2021, by way of scrip and cash dividends as well as capital gains.

Further, the dividend income received during the three-year period 2019 to 2021 was recorded at Rs.2.5 billion on the unlisted equity investment portfolio of Rs.9.6 billion, the Central Bank said.

In accordance with its Investment Policy, the EPF has invested around 3 percent of its funds in listed and unlisted equities with a long-term perspective to generate adequate real rates of return.

The market value of the EPF investment portfolio as at December 31, 2020 stood at Rs.3,243 billion.

The EPF publishes the market value of its listed and unlisted equity portfolio on a quarterly basis in its website and this information can be accessed through https://epf.lk/?page_id=2483.