If the National Financial Stabilization Fund withdraws from the stock market, it will not have a major impact on Taiwan's stock exchange, Civil Service Minister Chang Che-shen said Friday. Chang noted that the aim of the fund is to stabilize the nation's financial markets, and that if the nation's economy is in a slump and the stock market plunges, then the fund will enter the market to restore investor confidence. 'But if it has achieved the end, then there will definitely be a withdrawal mechanism,' Chang added. 'Considering that current transaction volume is close to NT$200 billion daily, the fund's withdrawal should not have too much of an impact on the stock market,' he said. Chang made the remarks during a seminar on the management of the government pension fund and its relationship to sound development of Taiwan's capital markets. The seminar was sponsored by the Ministry of Civil Service. Examination Yuan President John Kuan said at the seminar that as of the end of 2009, the scale of the pension fund has reached NT$450 billion. Chang, who serves concurrently as the chairman of civil service pension fund management committee, said the fund earned NT$75.4 billion in 2009. The fund's performance last year made up for loses incurred in the previous year. The fund recorded its highest annual yield since it was established in 1995. Meanwhile, Yu Reming, a Prudential executive, said Friday that if the fund pulls out of the stock market, it will have a psychological effect but not a big substantive impact. The National Financial Stabilization Fund had held a meeting earlier in which it was decided that the fund could duly buy and sell Taiwan stocks starting Friday, which was generally seen as an indication the fund is preparing to sell shares to cash in on profits. 