Return rate of Labor Insurance Fund hits record high

The fund had assets of NT$271.1 billion as of the end of September after posting gains of NT$35.3 billion during the January-September period, according to a CLA report.

The 15.5 percent rate of return is the highest level recorded since the government began allowing the fund to be invested in the stock market in 1997. The fund's annual return rate has usually ranged between 7 to 8 percent since then, CLA officials said.

Currently, up to 45 percent of the fund can be invested in equities.

As of the end of September, the largest portion of the fund -- 23 percent -- was held in bank deposits, while 40.5 percent of the fund was entrusted to domestic or foreign fund managers or being invested by the Bureau of Labor Insurance.

The fund's portfolio also included foreign currency deposits, overseas funds, and bonds.

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