Retail investors pile into MPF equity funds: $1 billion net inflow in April, HK equity hottest

MPF recorded $1 billion of net inflows in April, with Hong Kong equity funds the favourite — their share of total MPF assets rose from 31% in March to 35%, the top inflow category for the second straight month.

Where did the money go?

Hong Kong equity funds led inflows two months running; conservative funds saw net outflows. April’s strong Hong Kong market drew retail money into local equity funds, while conservative funds bled — a rotation from safety to risk as sentiment improved.

Which funds performed best?

Multiple funds from Manulife, Fidelity and Sun Life shone in April. Equities rode the market up; bonds and conservative funds lagged. Before chasing: past performance doesn’t predict the future — don’t pile in because of one good month.

What should you consider before chasing?

Your risk tolerance and investment horizon. Hong Kong equity funds are volatile — suited to long-term members who can stomach swings; if retirement is near or you dislike roller-coasters, steadier options fit better. Review regularly; don’t buy and forget.

To compare equity funds’ live performance, visit MPF fund comparison.