Roller-coaster markets trigger surge in MPF enquiries

Global markets are swinging wildly, Hong Kong stocks are on a roller-coaster ride, and the latest mpf fund performance data shows MPF balances bouncing with them. Trustees report a surge in client enquiries, with many members worried about shrinking retirement savings and asking whether to switch funds or adjust portfolios.

Should you switch funds in volatile markets?

MPF is a decades-long investment — short-term swings are normal, experts remind members. Frequent switching risks buying high and selling low, locking in losses. Unless your risk tolerance or time to retirement has changed, don’t act out of panic.

What’s the long-term advantage?

History shows markets rise over the long run, and regular contributions harness dollar-cost averaging — buying more units when prices are low. For younger members, volatile markets are a chance to accumulate.

What if retirement is near?

Those within ten years of retirement should check their portfolio’s risk level and shift gradually toward conservative funds. That cushions the blow if markets crash just before you retire.

Any practical tips?

First, review periodically instead of watching daily. Second, keep fund choices matched to your age and risk tolerance. Third, compare fees — the long-term return gap is significant. Ask your trustee or an independent adviser if unsure.

Compare fund fees and long-term performance at MPF fund comparison.