The Mandatory Provident Fund is on course to report its best performance in four years in 2024, while most analysts believe next year’s performance will remain on a positive trajectory.
As of December 18, the MPF’s 379 investment funds had an estimated gain of HK$102.8 billion (US$13.2 billion) for this year, the third time the fund’s gain has exceeded HK$100 billion, according to MPF Ratings, an independent research firm.
The US stock funds were the best performers so far this year, boasting a 21.5 per cent gain, with Japan stock funds second at 18.7 per cent. China and Hong Kong stock funds ranked third at 15.5 per cent.
Established in 2000, MPF is a compulsory retirement scheme that covers 4.7 million current and former workers.
