MPF by the numbers: HK$378.2 billion assets, 403 constituent funds, 98% employer enrolment
2010-11-18
Marcus Tang
The MPFA has released MPF statistics as of 31 October 2010: 39 MPF schemes citywide, 403 approved constituent funds, and a 98% employer enrolment rate.
How big is the MPF system?
39 schemes, 403 funds. As of 31 October 2010:
| Item | Figure |
|---|---|
| Approved trustees | 19 |
| MPF schemes | 39 (36 master trusts, 2 industry schemes, 1 employer-sponsored) |
| Approved constituent funds | 403 |
| Approved pooled investment funds | 328 |
| Registered MPF intermediaries | 28,550 |
By fund type:
| Fund type | Count |
|---|---|
| Mixed-asset funds | 178 |
| Equity funds | 124 |
| MPF conservative funds | 39 |
| Bond funds | 30 |
| Guaranteed funds | 28 |
| Money-market and others | 4 |
How high is enrolment?
98% of employers, 100% of employees. Enrolment rates (estimated): employers 98%, relevant employees 100%, self-employed 78%. Of 28,550 registered intermediaries, 471 are companies and 28,079 individuals.
To compare these 400-plus funds on performance and fees, visit MPF fund comparison.
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