Taiwan Stock Market Heating Up! Labor Pension Fund Earns 151.33 Billion in a Single Month, Making a Total Profit of 607.38 Billion in the First 5 Months of the Year with Nearly 10% Return Rate

Reported 12 months ago

FTNN News Network reported on July 1, 2024, that Taiwan's Labor Pension Fund Management Bureau announced the latest performance results, revealing a total profit of 607.38 billion at the end of May 113, with a return rate of 9.99%. The fund saw a monthly profit of 151.33 billion in May, as financial markets stabilized and rose. With a total managed size of 7.1839 trillion yuan, including the entrusted management of the National Pension Insurance Fund and Farmer Retirement Fund, the return rate reached 10.02%. The bureau emphasized a diversified investment approach across stocks, bonds, and alternative assets domestically and internationally to minimize the impact of market fluctuations. Over the long term, the Labor Pension Fund achieved a steady return rate of 6.34% over the past decade.

Source: YAHOO

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