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The total net asset value of Hong Kong's pension fund, the mandatory provident fund, rose to nearly HK$1.3 trillion by the end of 2024, according to Mandatory Provident Fund Schemes Authority chair Ayesha Macpherson Lau.
MPF’s average net return for the whole of last year reached 8.6 percent, compared to 3.4 percent in 2023, though still far lower than the all-time high of 26.6 percent in 2009.
Lau said on her blog that the average net return for equity funds was 15.3 percent and 7.3 percent for mixed assets funds.
Core accumulation funds of the default investment strategy launched in 2017 - for those who have no adequate time or knowledge of MPF management - averaged an annualized net return of 9.3 percent in 2024.
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(June Chen)















