Hong Kong MPFA: MPF Equity Funds Averaged 10.3% Return Over Past 12 Months

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8小时前

Hong Kong's Mandatory Provident Fund Schemes Authority (MPFA) released preliminary data on MPF investment returns for the period ended September 2026 on October 6.

Over the past 12 months, equity funds recorded an average return of 10.3%, making them one of the better-performing fund categories. However, performance varied significantly, with the best-performing equity fund achieving a return of 98.4%, while the worst-performing equity fund posted a loss of 15.7% — a gap of 114.1 percentage points.

During the same period, the Core Accumulation Fund under the Default Investment Strategy (DIS) recorded an average return of 9.5%, while the Age 65 Plus Fund under the DIS averaged 1.7%. The overall Mixed Asset Fund category returned 8.5% on average.

Among other fund types, Bond Funds recorded an average loss of 1.5% during the period. Guaranteed Funds averaged a return of 0.8%, MPF Conservative Funds averaged 2%, and Money Market Funds (excluding MPF Conservative Funds) averaged 3.4%.

The MPFA also noted that since the MPF system was implemented on December 1, 2000, equity funds have delivered an average return of 5.1%, while mixed asset funds have averaged 4.7%. Regarding the DIS, since its launch on April 1, 2017, the Core Accumulation Fund has achieved an average annualized net return of 7.1%, while the Age 65 Plus Fund has recorded an average annualized return of 2.4%.

The MPFA reminded MPF scheme members that the MPF is a long-term investment spanning more than 40 years and should not be viewed from a short-term perspective. Members should avoid attempting to time the market, which could result in "buying high and selling low" and adversely affect their MPF investment returns.

In addition, with the full operation of the "eMPF" platform since late April 2026, all scheme members can now review their overall MPF investment performance and account status through the one-stop eMPF platform. The MPFA encourages scheme members to register for eMPF as early as possible and to cultivate the good habit of regularly reviewing their personal MPF data and managing their MPF investments.

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