ss2020

Why EPF is buying and selling the same stock heavily everyday? 1. EPF is buying and selling the same stock daily, will it be cost effective? Why they trade heavily everyday especially on those blue chips eg Maybank and Public Bank? This is an excellent and very insightful question. What you're observing is not a cost inefficiency but a core function of a massive, sophisticated fund like the Employees Provident Fund (EPF). Their trading activity, which seems paradoxical at first glance, is actually a highly rational and cost-effective strategy when understood from their perspective. Let's break down why EPF and other large funds trade so heavily in blue-chip stocks like Maybank and Public Bank. 1. They Are Not a Single Monolithic Trader This is the most important concept to grasp. The EPF is  not a single entity making a daily bet  on whether Maybank will go up or down. It is a massive fund with multiple, independent internal portfolio management teams. Different teams have dif...