Francis Chung

21 January 2021 MPF expert predicts industry consolidation in 2021 Key points are as follows: 2021 MPF Scheme ratings have now been published For the 1st time MPF’s 3 largest insurance companies’ MPF schemes have been ranked “Gold” in the same year Nearly 2/3rds of MPF inflows now go to Hong Kong’s biggest insurance companies […]

15 January 2021 2020’s top 10 most popular MPF funds suggests MPF investors are investing opportunistically MPF Ratings’ December MPF Asset Class Fund Flows Summary has now been uploaded to MPF Ratings’ website. Key points are as follows: MPF attracted $4.381bn in net inflows in December to reach an all-time high asset size of HK$1.139

6 January 2021 Post GFC volatility impacts member account balances MPF Ratings’ December MPF Performance Survey has now been uploaded on our website. Key points are as follows: The top 10 best performing MPF constituent funds in 2020 include 7 HK & China Equity Funds (see Table 1).  The average 1-year return of all MPF

22 December 2020 MPF looks to end 2020 with a 2nd consecutive year of double digits returns Approximately $5,300 is expected to be added to member accounts in December and MPF account balances are forecasted to start 2021 at $251,200. An all time record. MPF system is expected to generate $23.66bn in earnings in December,

17 December 2020 Haitong outperforms all MPF schemes in November MPF Ratings’ November MPF Scheme Net Returns Summary has now been uploaded on our website. Key points are as follows: November MPF industry median net return of 6% is the best 1-month result since April 2015. Bronze rated Haitong MPF Retirement Fund produced a best

14 December 2020 While global equities produced best ever returns MPF members invested in Money Market funds MPF Ratings’ November MPF Asset Class Fund Flows Summary has now been uploaded on our website. Key points are as follows (please also refer to Table 1): MPF assets increased 6.57%, reaching HK$1.097 trillion, by the end of

3 December 2020 MPF balances at an all time high MPF Ratings’ November MPF Performance Survey has now been uploaded on our website. Key points are as follows: Forecasted average member account balance is an all time record of $245,036. The MPFR Index of Equity Fund (Global) returned 11.26% in November. The best 1-month Equity

24 November 2020 MPF’s 4.46m members can expect average earnings of $14,500 in November Average monthly MPF fund return expected to be 6.03% in November, the best 1 month return since November 2011 Approximately $14,500 expected to be added to MPF’s 4.46m member accounts in November and MPF account balances are forecasted to be at

16 November 2020 Latest MPF fund flow data shows preference for defensive assets, reversing recent trends Money Market and Guaranteed Funds topped MPF fund flow table in October HK and China Equities saw the largest outflows October saw a trend reversal from September MPF remains above HK$1 trillion as MPF’s 20th anniversary approaches Specialist independent

5 November 2020 MPF members lose $26,000 despite strong October returns Hong Kong and China equity was the best performing MPF asset class in October with a monthly return of 3.28% (See Table 1), but as MPF assets grow to record levels, the disappointing performance of Hong Kong’s stock market benchmark, the Hang Seng Index