The MPF’s first quarter was its worst quarterly performance since the July-September quarter of 2011. Photo: Sam TsangThe MPF’s first quarter was its worst quarterly performance since the July-September quarter of 2011. Photo: Sam Tsang
The MPF’s first quarter was its worst quarterly performance since the July-September quarter of 2011. Photo: Sam Tsang

Hong Kong Mandatory Provident Fund lost US$13.6 billion in first quarter amid wider market meltdown

  • The about 3 million people covered by the city’s retirement schemes lose almost HK$35,223 each
  • Investment funds under the MPF reported an average loss of 10.9 per cent in the first quarter
Topic |   Mandatory Provident Fund (MPF)
The MPF’s first quarter was its worst quarterly performance since the July-September quarter of 2011. Photo: Sam TsangThe MPF’s first quarter was its worst quarterly performance since the July-September quarter of 2011. Photo: Sam Tsang
The MPF’s first quarter was its worst quarterly performance since the July-September quarter of 2011. Photo: Sam Tsang
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