More than 446,000 Fiji National Provident Fund (FNPF) members and DrawDown Account (DDA) holders will receive a combined $866 million after the Fund declared an interest crediting rate of 9.5 percent for the financial year ending June 30, 2026.
The announcement follows a strong financial performance that generated more than $1.2 billion in total investment income, underpinned by returns across the Fund’s diversified investment portfolio.
The Fund said key contributors included telecommunications investments, hotel subsidiary operations, commercial lending, strategic property assets, Government Bonds and strong offshore investment returns from developed equity markets and direct investments in emerging market financial and telecommunications sectors.
FNPF Chief Executive Officer Viliame Vodonaivalu said the result reflected the strength of the Fund’s disciplined investment strategy.
“Delivering over $1.2 billion in investment income and a 9.5 percent crediting rate demonstrates the resilience and diversity of our portfolio. Our strategy continues to balance growth and stability, ensuring members benefit from strong returns while their savings remain protected.”
Mr Vodonaivalu said the Fund’s distribution approach ensures a closer alignment between investment performance and the interest credited to members.
While welcoming the strong result, he cautioned members against expecting similar returns every year.
“While we celebrate this result, it is important to be clear that current performance does not guarantee future returns. Global uncertainty, market volatility, and geopolitical tensions are expected to continue in the years ahead. Returns at this level may not be sustained every year, and members should view this outcome in that broader context.”
He said maintaining a diversified investment portfolio remained critical to protecting members’ savings during uncertain global conditions.
“Our exposure across key sectors, combined with stable income from Government securities, allows us to manage risk effectively while continuing to generate sustainable returns for our members.”
The Fund said it remains committed to disciplined risk management, portfolio diversification and pursuing quality investment opportunities to support long-term growth and financial security for its members.
