自强积金制度在2000年实施以来，合共占强积金总资产值近80%的股票基金及混合资产基金的平均年率 化净回报分别为5.1%及4.5%，跑赢同期1.8%的年率化通胀率。 第3季以永久离港为理由，提早提取强积金的申索数目为6900宗，季环比增加7.8%，同比减少9.2%，涉 及金额16.61亿港元，季环比增加5.5%，同比减少8.5%。 第3季以抵消遣散费为理由，提取强积金的申索有9300宗，季环比减少15.5%，同比增加13.4%，涉及金 额7.91亿港元，季环比减少20.3%，同比增加16.8%。 截至9月底，362万个强积金账户有投资于俗称"懒人基金"的预设投资策略(DIS)，占全部1132万个强积 金账户近三分之一，有关投资总资产值为1609亿港元，占强积金总资产值超过10%。DIS旗下的核心累 积基金及65岁后基金自2017年4月推出以来，分别录得6.8%及2.5%的平均年率化净回报，跑赢同期1.8% 的年率化通胀率。 截至9月底，强积金可扣税自愿性供款(TVC)账户数目有8.9万个，同比上升14%。自TVC于2019年4月实 施以来，相关账户的累计供款金额为137亿港元。 智通财经APP获悉，香港积金局 ...

Core Insights - The overall investment return of Hong Kong's Mandatory Provident Fund (MPF) increased by approximately 3.56% in September, leading to a return of 6.41% for the third quarter of 2025 and a year-to-date cumulative return of 15.83%, marking the strongest performance in the first nine months since 2009 [1] Investment Performance - The estimated investment income for the MPF in September reached HKD 52.5 billion, translating to an average gain of about HKD 10,942 per member among 4.79 million MPF members [1] - Cumulative earnings for the third quarter amounted to HKD 91.8 billion, with an average of HKD 19,150 per member, while total earnings year-to-date surpassed HKD 207 billion, averaging HKD 43,225 per member, setting a new annual earnings record [1] Fund Performance - Hong Kong and mainland China stock funds continued to lead, with a monthly return of 8.47% in September and returns of 15.85% and 37.28% for the third quarter and year-to-date, respectively, representing the third-best nine-month performance in MPF history and the best since 2009 [1] Asset Growth - Including contributions, the total assets of the MPF reached approximately HKD 1.53 trillion by the end of September, marking a record high for the fifth consecutive month, with an increase of HKD 55.46 billion from August [1] - The average account balance per member reached HKD 319,000, an increase of HKD 11,568 from August and a cumulative increase of HKD 49,869 since the beginning of 2025 [1] Investment Strategy - The MPF rating agency indicated that the strong performance of Hong Kong and mainland China stock funds, with a year-to-date return of 37.28%, may lead members to expect continued strong performance; however, it cautioned the importance of maintaining vigilance and adhering to a diversified investment and long-term strategy [1]

Core Insights - The Hong Kong Mandatory Provident Fund (MPF) experienced a slight decline of approximately 0.61% in April, marking the second monthly loss in 2025, despite recovering from early-month drops [1] - As of April, the total assets of the MPF are estimated at approximately HKD 1.333 trillion, a decrease of about HKD 45 billion from March, but an increase of approximately HKD 423 billion year-to-date [1][2] Summary by Category Performance Overview - In April, the MPF incurred investment losses of around HKD 8.2 billion, with an average loss of about HKD 1,700 per member, while year-to-date returns amount to approximately HKD 26.6 billion, averaging HKD 5,600 per member [1] - The largest asset category, Mainland China and Hong Kong stock funds, recorded the worst performance in April with a decline of about 3.94%, yet year-to-date, it has risen by approximately 7.54% [1] Comparative Analysis - The performance of Mainland China and Hong Kong stock funds in the first four months of 2025 is noted as the seventh-best since the MPF's inception, contrasting sharply with the US stock funds, which have seen a year-to-date decline of about 6.21%, marking it as the fourth-worst performance in the same period [2]