How Do You Do an MPF “Annual Check-up”?

What did AXA’s Lee Ping-hei advise in January 2011?

Ten years into MPF, had you reviewed your account? Because compounding can run for decades, regular reviews matter more; the new year is the ideal moment. Match the mix to life stage: funds span risk levels, asset classes and markets for different appetites — mixed-asset, bond, equity, conservative, HKD money and guaranteed funds. The young with long horizons can be aggressive; near-retirees with low tolerance suit defensive mixes; the unsure or time-poor can use “lifecycle funds” that auto-allocate by age, goals and risk tolerance.

Can you trade MPF?

Don’t. Lipper data showed positive average MPF returns last year; MPF is long-term — trading loses more than it wins.

Where do you get information?

Trustee websites, offering documents, regular fund reports, MPF seminars, member newsletters. For real comparison, visit MPF fund comparison.