The MPF, launched in the year 2000, is a compulsory retirement scheme covering 2.8 million employees and self-employed people. Photo: Martin Chan

MPF’s new low-fee funds lose out during Hong Kong stock market rally

The default funds invest mainly in bonds, meaning they hardly benefited from a 36 per cent surge in the Hang Seng Index in the last year

Topic |   Mandatory Provident Fund (MPF)

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The MPF, launched in the year 2000, is a compulsory retirement scheme covering 2.8 million employees and self-employed people. Photo: Martin Chan
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