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  1. News - Hong Kong - CONSUMER COUNCIL

    Nearly half of MPF funds lost money, says watchdog

    Posted Oct 15th 2012, 03:00pm by Lai Ying-kit

    ... of 523 funds, contained in 39 schemes from 15 MPF providers, from July to last month. Of the 341 funds that provided data, 159, or 46 per cent, posted an average loss in each of the past five ... also found that the fees charged by MPF providers varied significantly, from 0.17 per cent of total assets to 4.62 per cent. Council chief executive Connie Lau Yin-hing said larger fees did ...

    http://www.scmp.com/news/hong-kong/article/1061625/nearly-half-mpf-funds-lost-money-says-watchdog

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