Core Insights - The MPF market in Hong Kong continues its upward trend, showing robust performance as of September 18, 2025 [1] - The GUM MPF Composite Index recorded a return of 2.9% in September, with a cumulative increase of 15.2% year-to-date [1] - The average return per person reached HKD 9,044 for the half month and HKD 41,460 year-to-date, primarily driven by strong performance in equity assets [1] Performance Analysis - The overall MPF market is performing steadily, with equity assets leading the gains, particularly in the Greater China and local markets [1] - Mixed asset funds benefited from the rise in equities, yielding satisfactory returns, while fixed income funds maintained stability but offered limited returns [1]

Core Insights - The Hong Kong Mandatory Provident Fund (MPF) market continues its upward trend, with a robust overall performance as of September 18, 2025 [1] - The GUM MPF Composite Index recorded a return of 2.9% in September, leading to a year-to-date cumulative increase of 15.2% [1] - The average return per person reached HKD 9,044 for the half month and HKD 41,460 year-to-date, primarily driven by strong performance in equity assets [1] Performance Summary - The MPF market shows stable and positive performance, with equity assets continuing to dominate the upward trend, particularly in Greater China and local markets [1] - Mixed asset funds benefited from the rise in equities, resulting in satisfactory returns, while fixed income funds maintained stability but offered limited returns [1]

Group 1 - The core viewpoint is that the MPF market continues to show a steady upward trend, with a recorded return of 1.6% in August and an overall increase of 11.9% year-to-date [1] - The average return per person in August was HKD 4,956, while the average gain since the beginning of the year reached HKD 32,657 [1] - Stock funds remain the primary driver of MPF performance, with the stock fund index rising by 16.7% year-to-date [1] Group 2 - The best-performing fund in August was the Japanese stock fund, which recorded a 5.5% increase, and a year-to-date growth of 17.1% [1] - The Greater China stock fund and Hong Kong stock fund also performed well, with increases of 4.3% and 2.5% respectively, the latter achieving a year-to-date increase of 26.2% [1] - The US stock fund had the weakest performance, with only a 1.3% increase in August and a year-to-date return of 8.4%, indicating recent volatility in the US stock market [1] Group 3 - The MPF market is characterized by a strong performance in Asian and local markets, with mixed asset funds benefiting from the stock market's upward trend [1] - Fixed income funds maintained stability but offered limited returns [1] - GUM advises members to regularly review their asset allocation based on their risk tolerance and retirement goals, highlighting the long-term growth potential of stock funds despite short-term volatility [2]