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Top MPF Funds 

Top 10 MPF funds by investment return as of 31 December 2024:

Rank Fund Name Scheme Name As of                31 December 2024
1 Hang Seng SuperTrust Plus Hang Seng China Enterprises Index Tracking Fund Hang Seng MPF SuperTrust Plus 29.67%
2 HSBC SuperTrust Plus Hang Seng China Enterprises Index Tracking Fund HSBC MPF SuperTrust Plus 29.67%
3 BEA Master Trust China Tracker Fund BEA MPF Master Trust 29.29%
4 Haitong Global Diversification Fund - A A Haitong MPF Retirement Fund 23.51%
5 Fidelity Retirement Americas Equity Fund Fidelity Retirement Master Trust 22.75%
6 Hang Seng SuperTrust Plus ValueChoice North America Equity Tracker Fund ang Seng MPF SuperTrust Plus 22.40%
7 HSBC SuperTrust Plus ValueChoice North America Equity Tracker Fund HSBC MPF SuperTrust Plus 22.40%
8 AIA Prime American Fund AIA MPF - Prime Value Choice 22.30%
9 BCOM Joyful North American Equity Fund BCOM Joyful Retirement MPF Scheme 21.94%
10 Principal Series 800 US Equity Fund - I Principal MPF Scheme Series 800 21.94%
Source: Mercer 
Note: Past performance is neither an adequate test of comparative performance nor a reliable indicator of absolute level of returns in the future.

Speed read

  • In 2024, United States Equity Fund has been the best-performing asset class, followed by Hong Kong Equity Fund (Index Tracking) and China Equity Fund, with median return of 21.8%, 21.6% and 15.8%  respectively.  
  • On the contrary, Global Bond has been the worst-performing asset class in 2024, followed by RMB and HKD Money Market Fund and European Equity Fund with median return of -2.8%, -0.1% and 1.0% respectively.
  • Do you know? : A 1% difference in annual investment return can result in >50% difference in accumulated retirement benefits over a 40-year saving period.

About Mercer

Mercer is one of the Marsh & McLennan Companies, together with Guy Carpenter, Marsh and Oliver Wyman. This publication is not intended to be taken as advice regarding any individual situation and should not be relied upon as such. The information contained herein is based on sources we believe reliable, but we make no representation or warranty as to its accuracy. Mercer shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein. Any statements concerning actuarial, tax, accounting or legal matters are based solely on our experience as brokers and risk consultants and are not to be relied upon as actuarial, tax, accounting or legal advice, for which you should consult your own professional advisors. Any modeling, analytics, or projections are subject to inherent uncertainty, and could be materially affected if any underlying assumptions, conditions, information, or factors are inaccurate or incomplete or should change. Mercer makes no representation or warranty concerning the application of the offering or the financial condition or solvency of service providers. Mercer makes no assurances regarding the availability, cost, or terms of offering. Although Mercer may provide advice and recommendations, all decisions regarding the amount, type or terms of offering are the sole responsibility of the purchaser, who must decide on the specific coverage that is appropriate to its particular circumstances and financial position. Any offering is subject to the terms, conditions, and exclusions of the applicable individual product. Terms, conditions, limits, and exclusions (if any) are subject to individual underwriting review and are subject to change.

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