MPF marks three consecutive years of positive returns

The Mandatory Provident Fund Authority announced that MPF recorded an overall net return of 16.5% in 2025 according to the latest official provisional data, which is the third consecutive year of positive return (after 8.6% in 2024 and 3.4% in 2023).

All MPF fund types, including Equity Fund, Mixed Assets Fund, Bond Fund, Guaranteed Fund, MPF Conservative Fund and Money Market Fund (other than MPF Conservative Fund), posted positive returns over the past year.

Benefiting from the robust investment performance, the total MPF assets rose to approximately $1,550 billion as at end December 2025, marking another historic high.

Since the inception of the MPF System, Equity Fund and Mixed Assets Fund, which together accounted for 80% of the total MPF assets, registered average annualized net returns of 5.0% and 4.5% respectively, outperforming the annualized inflation rate of 1.8% over the same period.