Top MPF Funds 

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13 February 2023

Top 10 MPF funds by year-to-date investment return as of 30 September 2021:

Rank Fund Name Scheme Name YTD return as of 30 September 2021
1 Manulife Global Select European Equity Fund Manulife Global Select 17.53%
2 Hang Seng SuperTrust Plus ValueChoice US Equity Fund Hang Seng SuperTrust Plus 17.09%
3 HSBC SuperTrust Plus ValueChoice US Equity Fund HSBC SuperTrust Plus 17.09%
4 Manulife Global Select North American Equity Fund Manulife Global Select 16.78%
5 Manulife Global Select Japan Equity Fund Manulife Global Select 15.56%
6 Hang Seng SuperTrust Plus North American Equity Fund Hang Seng SuperTrust Plus 15.21%
7 HSBC SuperTrust Plus North American Equity Fund HSBC SuperTrust Plus 15.21%
8 Principal Series 800 US Equity Fund - D Principal Series 800 14.93%
9 AIA Prime North American Equity Fund AIA Prime Value Choice 14.85%
10 BOC-Prudential Easy-Choice North America Index Tracking Fund BOC-Prudential Easy-Choice 14.42%
Source: Mercer MPF Fund Performance Report
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 2021 Q3, we observed the uptrend momentum weaken on equity funds.
  • Under equity fund class, North America Equity Fund has been the best-performing asset class year-to-date in 2021, followed by Europe Equity and Global Equity, with average return of 15.0%, 11.4% and 10.4% respectively.  Furthermore, North America Equity Fund, European Equity Fund and Japan Equity Fund, hold dominant position among top 10 funds of the period in terms of investment performance.
  • On the contrary, China Index Tracking Funds have been the worst-performing asset class, followed by China (actively managed) Funds and HK (actively managed) Funds, with average return of -14.6%, -10.6% and -9.7% respectively.
  • The market sentiment was impacted by the concerns over inflation and the outlook of interest rate, the sentiments towards China also weekend by the government’s regulatory crackdown affecting different sectors that caused a sell-off in China equity funds.
  • 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.

What Mercer Can Do For You

  • Review providers for best in market fees and services

                o   Negotiate with existing provider to improve fees and services
                o   Select new providers to replace or add for diversification from                       incumbent

  • Implementation MPF solutions and employee communications
  • Support employee engagement programs as it relates to MPF benefits
  • Bring you latest market insights from our vantage point in the industry
Please contact Ambrose Lau via +852 3476 3961 or if you wish to discuss and explore further. 

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