Hong Kong Provident Fund Rating: In November, MPF lost about HK$63 per capita, and total MPF assets reached HK$1.54 trillion

The Zhitong Finance App learned that the Hong Kong Provident Fund Rating said that despite a sharp rebound in the last week of last month, the MPF system still failed to achieve positive investment returns for the 7th consecutive month by a narrow margin. In November, it recorded a slight decline of -0.02%, which affected members' account balances equivalent to about HK$300 million, or HK$63 per capita loss. Despite not achieving a return on investment in November, total MPF assets reached a record high for the seventh time in a row due to continuous monthly payments. After accounting for contributions, the total assets of MPF amounted to HK$1.54 trillion, which is equivalent to an average account balance of HK$321,337 per member.

In 2025, MPF investment income remained high at HK$210.8 billion, which is equivalent to a return of approximately HK$43,972 per member. MPF ratings for other equity fund classes rose 9.46% in November. This outstanding performance was almost entirely driven by the Manulife MPF Healthcare Fund, which recorded a return of 10.02%, five times the return of the second-best performing MPF component fund over the same period, highlighting the diversification advantage of the healthcare sector.

According to the Hong Kong Provident Fund Rating, 2025 was a year of strong investment performance for the MPF system, with an average monthly return of 1.46%. If this trend continues in December, the annual return will reach about 17.6%, making it the fourth best annual performance in MPF history. It is 12% higher than the average annual return of MPF, but lower than the historical best record of about 24.61% recorded in 2009.