The latest findings of the Mercer Mandatory Provident Fund Satisfaction Index (Mercer MPFSI) revealed a score of 53.2 in January 2019, up 2.4 points from 50.8 in December 2018. The score marked a 10-month high for the Mercer MPFSI. Overall, the MPF satisfaction levels stay around 50 out of 100.
Billy Wong, Health & MPF Business Leader, Mercer Hong Kong explained, “The global investment market deteriorated in the second half of last year. As the market stabilised in January, members were more positive about the overall performance of the MPF.” He added, “However, a positive return is not the only factor contributing to the satisfaction levels of MPF members. Engagement is the key driver in MPF satisfaction levels and as such we encourage MPF members to review their portfolios at least once a year, to help them feel more satisfied with the scheme.”
Performance of MPF funds in January 2019
| Types of Fund | 1 Month Return (%)
From 31 Dec 2018 to 31 Jan 2019 |
12 Month Return (%)
From 31 Jan 2018 to 31 Jan 2019 |
|||
| Equity | 7.5% | -14.0% | |||
| Mixed Assets | 5.1% | -9.5% | |||
| DIS Funds | 3.6% | -2.4% | |||
| Bond | 1.4% | -0.5% | |||
| Guaranteed Funds | 1.4% | -1.6% | |||
| Cash Funds | 0.4% | 0.2% |
Source: Mercer
Paul Arkwright
Publisher
