Kumpulan Wang Persaraan (Diperbadankan) – KWAP, or Pension Fund (Incorporated) – KWAP, is Malaysia’s second largest retirement fund after Kumpulan Wang Simpanan Pekerja – KWSP, or Employees Provident Fund – EPF. With KWAP’s fund size about RM120 billion, making it one of the country’s key investment arms. Incorporated in 2007, KWAP manages investment portfolios, employer contributions and pension pay outs. They live by their vision to be the trusted retirement fund that supports nation building by innovatively delivering sustainable benefits. They strive to optimize investment returns and deliver excellent services by adopting best practices to meet their commitments to their stakeholders. Diversified investments in domestic and international equities, fixed income securities, money market instruments, private equities and properties have constantly generated high returns, aside from the earnings received from employers’ contribution and the government portion.