Three Years to Retirement? How to Lock In MPF Gains

How should you adjust near retirement?

Manulife’s Stella Ng advises: near-zero first-half returns barely hurt the young — they accumulate cheaply — but near-retirees should prepare three years out, rotating from high-risk to conservative funds on rallies to lock in gains. Manulife holds 1.1 million accounts, a 17.6% share, HK$66.5 billion in assets.

When is the right time to go conservative?

Don’t wait until the final year — forced selling in downturns hurts most. Phase the shift on a schedule and compare conservative and bond funds’ records and fees to lock gains without giving back.