19th February 2025
Fidelity Retirement Master Trust
On Thursday the 27th of February, MPF’s “Scheme of the Year” will be announced at the 2025 and 13th edition of “The MPF Awards”. Leading up to MPF’s night of nights, MPF Ratings (MPFR) asked Mr MPF to review the finalists and offer his personal insights into what makes MPF’s most successful schemes a contender for MPF’s biggest prize of them all, MPF’s Scheme of the Year.
What we like
- A Gold rated MPF scheme for 10 consecutive years
- 5-time winner of MPF Scheme of the Year
- Post-retirement fund available
- A leader in financial education
- Consistently high standards of Governance
Background
MPF Scheme of the Year finalists must be Gold rated by MPF Ratings (MPFR), MPF’s independent provider of research, views and education. Gold-rated schemes are identified as schemes that should deliver the best value for money and by doing so offer MPF members a positive and holistic MPF experience.
At $55.7bn in size as at end of 2024, Fidelity’s Retirement Master Trust accounts for 4.3% of MPF’s total assets, making it the system’s 8th largest MPF scheme.
What Mr MPF says about Fidelity
“An MPF scheme that has been rated Gold for over a decade, is MPF’s only 5-time MPF Scheme of the Year winner, has MPF’s Good Governance winner looking after the interests of its members, and assists its customers both during their working life and post-retirement. Fidelity’s Retirement Master Trust has all the ingredients to consistently deliver a high-quality MPF scheme.
The average working life of an MPF member is around 20 years, so MPF is truly a long-term investment. In our industry, it’s not uncommon to see improvements from short-term investment performance spikes or occasional fee reductions. These provide immediate and obvious “sugar hits,” but they do not always sustain over the long term. The best way to describe Fidelity’s quality is with the phrase: ‘Luck is short-term, but class is permanent.’ Much of Fidelity’s class stems from qualities we often take for granted.
Mr. MPF would remind his audience not to take Fidelity’s service quality for granted—whether it is the quality of reporting, the excellent educational literature, proprietary calculators and investment tools, or the ability to see a complete balance sheet of MPF and non-MPF investments if you’re a Fidelity customer. Fidelity has a history of investing in their customers’ needs to provide exceptional experiences. Remember, class is permanent—that’s why Fidelity is MPF’s only 5-time MPF Scheme of the Year winner.”
The information contained in this blog was written by MPF Ratings, Hong Kong’s independent provider of MPF research, views and education and is general in nature, and does not take into account your personal situation. Additionally, you should consider whether the information contained herein is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.
