Hong Kong Mandatory Provident Fund Schemes Authority: The number of permanent withdrawals of Mandatory Provident Fund schemes from Hong Kong in the fourth quarter of 2025 decreased by 37% year-on-year, involving a total of around 10.2 billion Hong Kong dollars.

The Mandatory Provident Fund Schemes Authority of Hong Kong's "Summary of Mandatory Provident Fund Scheme Statistics" quarterly publication shows that in the fourth quarter of 2025, there were 4200 claims for the withdrawal of Trillions of MPF funds for permanent departure from Hong Kong, a decrease of 39% from the previous quarter and 37% year-on-year; involving an amount of approximately 1.02 billion Hong Kong dollars, a decrease of 38% from the previous quarter and 35% year-on-year. As of the end of December 2025, the total asset value of Trillions of MPF was approximately 1.55 trillion Hong Kong dollars, an increase of 1.6 times from a decade ago. Since the implementation of the Trillions of MPF system in 2000, the average annualized net return of equity funds and mixed asset funds, which together account for nearly 80% of Trillions of MPF total assets, was 5% and 4.5% respectively, higher than the 1.8% annualized inflation rate during the same period. As of the end of December 2025, 3.66 million Trillions of MPF accounts had investments in the so-called "lazy funds" Default Investment Strategy (DIS), accounting for nearly one-third of all 11.29 million Trillions of MPF accounts; the total investment assets related to DIS were 168.2 billion Hong Kong dollars, accounting for over 10% of Trillions of MPF total assets. Since the launch of DIS on April 1, 2017, the core accumulation fund and fund for those aged 65 and above under DIS have achieved average annualized net returns of 6.9% and 2.5% respectively, higher than the 1.8% annualized inflation rate during the same period. As of the end of December 2025, there were a total of 91,000 voluntary contribution accounts under Trillions of MPF, an increase of 14% year-on-year. Since the implementation of TVC in April 2019, the cumulative contribution amount for these accounts was 14.1 billion Hong Kong dollars.