Labour funds make gains
Taiwan's labour funds had made good gains totalling NT$322 billion as of the end of July this year, putting the overall rate of return at 7%.
According to labour fund officials, the overall assets under management in July included NT$3 trillion and NT$3.3 billion in the Labour Pension Fund, NT$941 billion in the Labour Retirement Fund, and NT$845 billion in the Labour Insurance Fund.
Officials say the average rate of return for those three funds stood at 7.5% in July on the back of fast economic recovery in the US and the EU.
Labour funds officials remain optimistic about future returns as more vaccines are administered around the world.