Lipper data shows MPF equity funds averaged 1.21% in the first half — trailing bond funds’ 3.17%. Equity markets diverged: European equities surged 7.70%, healthcare equities topped at 10.41%; Hong Kong equities fell 1.73% and Greater China equities 1.93%.
Which categories led in H1?
Bonds averaged 3.17%; healthcare equities led stocks at 10.41%. Global bonds gained 3.27%, HKD bonds 2.85%; among equities, North America rose 5.37% and global equities 2.25%, while China equities edged down 0.05% and Japan fell 2.54%.
How did mixed-asset funds do?
Mixed-asset funds posted roughly 1.8%–2% in H1. HKD balanced rose 1.96%, HKD conservative 1.90%, other flexible mixed 1.88% — steady performers.
What should workers take away?
H1 belonged to bonds, but the MPF is long-term — don’t overhaul your portfolio on half-year numbers. Instead of chasing gains, regularly check your mix matches your risk tolerance.
Compare MPF fund performance at MPF fund comparison.
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