Dear members and pensioners

Caring for you means keeping you updated on Fund-related matters, as well as international happenings that have impact on market developments. I’d like to provide you with context so you understand the implications for EPPF. 

Recently, global financial markets have experienced a period of increased volatility. This has been driven by tariff announcements in the US, followed by market speculation of counter-tariffs being put in place by affected nations as retaliation. This has led to concerns about geopolitical tensions and their potential impact on global trade and economic stability. Headlines have been dominated by news about rising global inflation concerns, and the potential impact on interest rates and increased borrowing costs. This period of volatility and the resultant economic data have heightened uncertainty over the short-term, leading to a significant decline in the value of most markets.

These events can understandably lead to concerns about the short-term performance of EPPF investments.  Our assurance is that EPPF is designed to withstand short-term market fluctuations. As a defined benefit pension fund, EPPF’s primary goal is to ensure that we have sufficient assets to meet our future liabilities, which are typically long-term in nature.  While recent global events have contributed to short-term market volatility, EPPF’s diversified investment portfolio and long-term investment horizon will help us ride out these fluctuations.

I must emphasise that short-term market volatility is a normal part of investing, and it does not necessarily affect the long-term sustainability of EPPF. Our investment strategy is designed to balance risk and return over the long term, and we are confident that EPPF will continue to meet our obligations to you. 

We have various options if you’d like to reach us. Click here for a list of contact details. 

Kind regards

Shafeeq Abrahams

Chief Executive & Principal Officer