Hong Kong MPF: Average annualized return of stock funds under MPF reaches 4.8%, outperforming inflation

The Hong Kong Mandatory Provident Fund Schemes Authority announced that since the implementation of the MPF system, the average annualised net return of equity funds and mixed asset funds, accounting for 80% of the total assets of the MPF, was 4.8% and 4.4% respectively, outperforming the 1.8% annualised inflation rate over the same period. As for the "Default Investment Strategy" (DIS) under the so-called "Lazy Fund", the core accumulation fund has achieved an average annualised net return of 6.4% since its launch in 2017, also outperforming the 1.8% annualised inflation rate over the same period. As of the end of March 2026, the interim data on MPF investment returns are as follows: The Hong Kong Mandatory Provident Fund Schemes Authority reminds MPF plan members that the MPF is a long-term investment spanning over 40 years and should not be viewed from a short-term investment perspective. Members should not try to time the market as this may lead to "buying high and selling low," affecting the investment returns of MPF members over the accumulation period. Members should make investment plans based on their personal life stage, financial situation, risk tolerance, and other factors.