Labor Fund Recovers from Record March Loss with Record-Breaking April Gains

(CNA, Taipei, June 1) After recording its largest monthly loss in history in March, the Labor Fund announced today that its April monthly gain reached NT$1.10478 trillion, setting a new record for monthly returns. The Bureau of Labor Funds (BLF) released the latest operational data today. As of the end of April, the total size of the Labor Fund was NT$8.3678 trillion, with a total return of NT$1.15393 trillion and a return rate of 20.21%. The April monthly gain of NT$1.10478 trillion set a new record for both total return rate and monthly gain. The fund's monthly performance this year has been volatile. In February, it reached a record gain of NT$418.4 billion, but in March, it suffered a loss of NT$378.7 billion, the largest in history. Liu Li-ju, Deputy Director of the BLF, told CNA that global markets rose in April, allowing the fund to recover from March's losses and set a new record. With the Taiwan stock market up about 10% in May and international markets showing slight gains, the fund is expected to see further growth in May. The BLF noted that global financial markets stabilized in April after the March correction. Despite geopolitical risks and energy price fluctuations, news of regional ceasefires and diplomatic negotiations reduced market risk aversion. Furthermore, continued investment in AI-related industries helped global markets rebound. Among the funds, the New Labor Pension Fund size is NT$5.4747 trillion with a 19.73% return, and the Labor Insurance Fund is NT$1.5371 trillion with a 17.19% return. The National Pension Insurance Fund, managed on behalf of the Ministry of Health and Welfare, has a size of NT$814.7 billion with an 18.04% return. The BLF emphasized that the 10-year average return for the Labor Fund and National Pension Fund is 11.23% and 11.26% respectively, demonstrating stable performance.