May 19, 2024
Funds

MPF: Hong Kong retirement fund delivers 2.47% gain in first quarter with super rallies in US, Japan equity markets

The annualised net return of the MPF since its inception in December 2000 is 2.6 per cent, according to the provisional data that regulator Mandatory Provident Fund Schemes Authority (MPFA) released on Monday. This beats the 1.9 per cent inflation rate during the same period. The Mandatory Provident Fund Schemes Authority headquarters, pictured on August

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