How Much Did the Average MPF Member Earn in 2010?

What did HSBC forecast for 2010 MPF returns?

HSBC predicted in January 2011 that MPF gained 6% on average in 2010 — about HK$7,500 on a typical HK$124,900 balance. HSBC Global Asset Management’s institutional director said data through Christmas Eve 2010 supported the estimate; though positive, it was likely the smallest gain of the past decade.

Why the smallest in ten years?

Markets were choppy in 2010, and the gain paled next to 2009’s near-26% surge. To diversify, HSBC’s balanced and growth funds would add modest emerging-market exposure, such as Argentina. Members choosing regional funds can compare performance at MPF fund comparison.

What about returns after fees?

The 6% was before fees. With average fees then around 2%, take-home returns were lower — a reminder that fee levels directly decide how much reaches your retirement pot.