GUM stated that the average profit from the Mandatory Provident Fund in January was HKD 8,395, with Greater China equity funds significantly leading

The Mandatory Provident Fund (MPF) advisory agency GUM stated that in the first two weeks of the new year, most fund indices in the MPF market recorded gains, with the GUM MPF Composite Index rising to 293.8, achieving a return of 2.6% for January alone, and an average return of HKD 8,395 per person. The agency also indicated that the stock market sentiment is positive, driving the stock fund index up by 3.7%; the mixed asset fund index also increased by 2.5%; however, fixed income funds maintained a defensive role, rising only by 0.1%. European and American Stock Funds Lagging Behind As of January 16, stock funds showed a comprehensive upward trend, but were clearly led by the Asian markets, with European and American markets lagging behind. Greater China stock funds led the group with a 6% increase, followed by Asian stock funds at 5.7%, and Hong Kong stock funds at 5.3%, reflecting a clear flow of market funds towards regions with stronger growth momentum and more attractive valuations. Japanese stock funds also performed well, rising by 4.8%, while Hong Kong stock funds (tracking index) increased by 4.6%. However, European stock funds only rose by 2.8%, global stock funds increased by 2.4%, and U.S. stock funds rose by just 1.4%. Default Investment Strategy Funds Maintain Stability In terms of mixed asset funds, those with the highest equity allocation (80% to 100% stocks) recorded a 3.8% increase, making them the standout performers in the mixed asset category; target date funds also performed well, rising by 3.5%; mixed asset funds with lower equity allocations (60% to 80% stocks, 40% to 60% stocks, and 20% to 40% stocks) recorded increases of 3.1%, 2.2%, and 1.4%, respectively. As for the Default Investment Strategy (DIS) funds, they maintained a consistent stable trend, with core accumulation funds recording a 1.6% return, benefiting from their higher equity allocation; while the 65 and older fund rose by 0.6%, reflecting that its more conservative asset allocation performed more steadily in a rising market. Global and HKD Bond Funds with Negative Returns However, fixed income funds performed relatively poorly, with RMB and HKD money market funds and RMB bond funds recording a 0.3% increase, the MPF conservative fund rising by 0.1%, while global bond funds and HKD bond funds recorded negative returns of -0.1% and -0.2%, respectively, mainly affected by global bond yield fluctuations and interest rate expectation adjustments. GUM reminds that the MPF is a long-term retirement savings tool, recommending regular reviews of asset allocation, maintaining diversification, and paying attention to risk management. Although stock funds may have larger short-term fluctuations, they possess higher potential for value appreciation in the long run; fixed income assets help stabilize portfolio volatility