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As of January 17, the average Hong Kong MPF member lost HK$190.

Market IntelWednesday, Jan 22, 2025 1:00 am ET
1min read

GUM, a strong pension MPF advisor, stated that as of January 17, 2025, the GUM strong pension composite index recorded a return of -0.1%, resulting in a slight decline in overall performance. In January, the average pension member lost HK$190.Among the various funds, the stock fund index fell by 0.2%. The performance of Chinese and US stocks was mixed, with US stock funds performing well, recording a 2.2% return this month, continuing the rise of US stocks in previous years. In contrast, Hong Kong stock funds were under pressure, with a negative 2.5% return. The index of hybrid asset funds remained unchanged, while the index of fixed income funds rose slightly by 0.1%.Regarding hybrid asset funds, the return of the fund with 80-100% stocks in hybrid asset funds was -0.4%, and the return of the fund with 60-80% stocks in hybrid asset funds was -0.3%.In fixed income funds, the conservative pension fund recorded a 0.2% return, while the guaranteed fund remained unchanged. The default investment strategy - core accumulation fund performed well, with a 1% return, while the 65-year-old fund recorded a 0.1% return.

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