GUM: MPF Per Member Loses HK$1,549 in June; Full-Year Return Still Holds at 6.8%

HONG KONG — MPF advisory firm GUM has released its latest data showing that the MPF market turned choppy in June 2026, though full-year returns for scheme members remain firmly in positive territory.

June MPF Composite Index Retreats 0.4%

According to GUM’s latest MPF Composite Index readings, the index closed at 305.7 points in June, down 0.4% month-on-month. Equity fund indices fell 0.9%, mixed-asset fund indices edged up 0.1%, while fixed-income fund indices remained flat.

On a per-member basis, scheme members recorded a short-term loss of approximately HK$1,549 in June. Analysts note, however, that this monthly pullback has not disrupted the broader upward trend established since the start of the year.

YTD Return Holds at 6.8%; Average Gain of HK$22,079 Per Member

Taking a longer-term view, the GUM MPF Composite Index’s year-to-date (YTD) return remained resilient at approximately 6.8% as of 18 June 2026, translating into an average per-member cumulative gain of HK$22,079 for the year so far — comfortably exceeding the same period last year.

GUM analysts observed that the MPF’s inherent diversification across asset classes continues to cushion members against short-term volatility in any single market. The steady performance of fixed-income and mixed-asset funds has provided a meaningful anchor to overall returns.

Total MPF Assets Continue to Grow; eMPF Platform Streamlines Account Management

Supported by a growing workforce and consistent contribution inflows, Hong Kong’s total MPF asset pool continues to expand. In parallel, the eMPF platform is now fully operational, with all MPF schemes successfully onboarded. Members can manage multiple MPF accounts, adjust investment allocations, and monitor fund performance through a single unified digital hub.

Temporary eMPF service stations are available at 12 MTR stations until 31 July 2026, while service centre weekend hours have been extended through the same date to accommodate working members.

Source: GUM, eMPF Platform