The Mandatory Provident Fund recorded an overall net return of 16.5 percent in 2025, marking the third consecutive year of positive return, according to latest official provisional data.
That was higher than a 8.6 percent gain in 2024 and a 3.4 percent rise in 2023, data from the Mandatory Provident Fund Schemes Authority showed.
Benefiting from the robust investment performance, the total MPF assets rose to approximately HK$1.55 trillion at end December 2025, marking another historic high.
All MPF fund types posted positive returns over the past year with equity fund and mixed asset fund surging 24.8 percent and 16.8 percent, respectively.
Bond fund and MPF Conservative Fund also gained 5.9 percent and 2.3 percent.
The core accumulation fund under DIS, commonly called “funds for lazy people,” also rose 14 percent last year. Its average annualized net return since launch in 2017 was 6.9 percent, which also outperformed the annualized inflation rate for the period at 1.8 percent, the MPFA said.
Since the inception of the MPF System, the average annualized net returns of various fund types range from 1 to 5 percent.
The MPFA stressed that the MPF is a long-term investment spanning more than 40 years, and that members should avoid adopting a short-term investment approach in managing their MPF or attempting to time the market.
Scheme members are also encouraged to make sound personal investment plans based on their life stage, financial situation, risk-tolerance, etc.
