MPF Returned 0.51% in March 2011

Which funds led the pack?

MPF posted an overall 0.51% return in March 2011, bringing Q1 to 1.19%. Korea equity funds jumped 9% to top the table; China equity funds rose 5.54%. Japan equity funds plunged 9.3% on the earthquake. Overall equity funds gained 0.94%; bond funds added 0.34%.

What’s new on intermediary regulation?

Lawmakers discussed tighter MPF intermediary rules, including a “principal intermediary” concept requiring firms to appoint a senior officer for oversight. The target: legislation by next July and the Employee Choice Arrangement in the second half of next year. Compare fund performance on MPF fund comparison.