Accumulated Fund Rating: In January, the average MPF earned approximately HKD 11,091

The chairman of the Mandatory Provident Fund (MPF) Ratings, Cong Chuanpu, stated that the MPF recorded a return of 3.42% in January, with an absolute investment income of approximately HKD 53.2 billion. With 4.79 million MPF members, the average return per member is about HKD 11,091.

In January, Hong Kong dollar bonds were the only asset class to record a loss, while Asian stocks, as well as Hong Kong and Chinese stocks, performed well, achieving the second-best and sixth-best monthly returns since the establishment of the MPF system, respectively. After accounting for contributions, the total assets of the MPF are expected to surpass HKD 1.6 trillion for the first time by the end of January, reaching HKD 1.61 trillion, an increase of HKD 56.2 billion from the end of December last year. This marks the ninth consecutive month of record highs for MPF assets, with the average account balance for the 4.79 million MPF members reaching HKD 335,834, also a historical record.

Cong Chuanpu expressed optimism about the local market this year, noting that the Hong Kong and Chinese stock markets have started strong, and history shows that when the local market performs well, the MPF often performs excellently as well. However, MPF members are likely to face challenges from volatility, which further highlights the importance of diversified investment