Top MPF Funds
13 February 2023
Top 10 MPF funds by year-to-date investment return as of 30 September 2021:
| Rank | Fund Name | Scheme Name | YTD return as of 30 September 2021 |
|---|---|---|---|
| 1 | Manulife Global Select European Equity Fund | Manulife Global Select | 17.53% |
| 2 | Hang Seng SuperTrust Plus ValueChoice US Equity Fund | Hang Seng SuperTrust Plus | 17.09% |
| 3 | HSBC SuperTrust Plus ValueChoice US Equity Fund | HSBC SuperTrust Plus | 17.09% |
| 4 | Manulife Global Select North American Equity Fund | Manulife Global Select | 16.78% |
| 5 | Manulife Global Select Japan Equity Fund | Manulife Global Select | 15.56% |
| 6 | Hang Seng SuperTrust Plus North American Equity Fund | Hang Seng SuperTrust Plus | 15.21% |
| 7 | HSBC SuperTrust Plus North American Equity Fund | HSBC SuperTrust Plus | 15.21% |
| 8 | Principal Series 800 US Equity Fund - D | Principal Series 800 | 14.93% |
| 9 | AIA Prime North American Equity Fund | AIA Prime Value Choice | 14.85% |
| 10 | BOC-Prudential Easy-Choice North America Index Tracking Fund | BOC-Prudential Easy-Choice | 14.42% |
Note: Past performance is neither an adequate test of comparative performance nor a reliable indicator of absolute level of returns in the future.
Speed Read
- In 2021 Q3, we observed the uptrend momentum weaken on equity funds.
- Under equity fund class, North America Equity Fund has been the best-performing asset class year-to-date in 2021, followed by Europe Equity and Global Equity, with average return of 15.0%, 11.4% and 10.4% respectively. Furthermore, North America Equity Fund, European Equity Fund and Japan Equity Fund, hold dominant position among top 10 funds of the period in terms of investment performance.
- On the contrary, China Index Tracking Funds have been the worst-performing asset class, followed by China (actively managed) Funds and HK (actively managed) Funds, with average return of -14.6%, -10.6% and -9.7% respectively.
- The market sentiment was impacted by the concerns over inflation and the outlook of interest rate, the sentiments towards China also weekend by the government’s regulatory crackdown affecting different sectors that caused a sell-off in China equity funds.
- Do you know? : A 1% difference in annual investment return can result in ~50% difference in accumulated retirement benefits over a 40-year saving period.
What Mercer Can Do For You
- Review providers for best in market fees and services
o Negotiate with existing provider to improve fees and services
o Select new providers to replace or add for diversification from incumbent
- Implementation MPF solutions and employee communications
- Support employee engagement programs as it relates to MPF benefits
- Bring you latest market insights from our vantage point in the industry
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