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June 23, 2017

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Labor Funds ROI was NT$52.8 bil. in April

TAIPEI, Taiwan -- The Ministry of Labor said that as of April, national labor funds' aggregate return on investment (ROI) reached 25.8 percent, raking in over NT$52.8 billion in profits.

The NT$52.8 billion represented a month-on-month increase of NT$4.6 billion, according to statistics released by the Bureau of Labor Funds.

The Labor Pension Fund under the new system, the Labor Pension Fund under the old system and Labor Insurance Fund each saw profits of NT$27.2 billion, NT$15 billion and NT$10.2 billion, respectively, each representing a profitability of 2.45 percent, 2.58 percent and 1.93 percent, the bureau said.

The bureau added that the labor funds accumulated more than NT$2.42 trillion, with the Labor Pension Fund under the new system, the Labor Pension Fund under the old system and the Labor Insurance Fund each accounting for NT$1.14 trillion, NT$609.2 billion and NT$556.9 billion, respectively.

Investments in real estate investment trusts (REITs) are an important aspect of alternative investments, the bureau said, adding that investors' interest in the real estate market has remained high.

Alternative investments can help minimize risks by diversifying investment portfolios and increasing the labor funds' long-term income, the bureau explained.

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