MPF Breaks 350K Barrier as May Returns Hit 2.90%

MPF Ratings releases the May 2026 MPF Performance Survey, revealing that Hong Kong workers have reached a historic milestone with average MPF account balances surpassing HK$350,000 for the first time.

The MPF system recorded a 2.90% investment return in May 2026, bringing year-to-date returns to 7.22% — MPF best YTD performance since 2017. In absolute dollar terms, May investment gain was approximately HK$47.4 billion, equivalent to HK$9,885 per member.

Year-to-date investment gains reached HK$113 billion, driving total MPF assets to a record approximately HK$1.685 trillion — equivalent to an average MPF account balance of HK$351,423, up HK$10,511 from end-April and up HK$27,306 for the year.

Japanese and Asian equities led the charge. Francis Chung, Chairman of MPF Ratings Ltd, urged members not to be complacent: history shows that of the 5 previous occasions MPF delivered 4 positive months in the first 5 months of the year, only twice did it result in a positive annual result.

Members must manage MPF portfolio risks by focusing on diversification and long-term investing. The MPFA-mandated low-fee Default Investment Strategy (DIS) funds remain an excellent option.

Source: MPF Ratings