Information Centre

Consumers have been empowered in recent years by the growing popularity of online platforms such as travel information apps. The same concept now applies to the management of the Mandatory Provident Fund (MPF). At the end of April, the Mandatory Provident Fund Schemes Authority (MPFA) launched an upgraded MPF Fund Platform, which reveals the components of MPF management fees for the first time and provides more user-oriented navigation. The new platform enables scheme members to obtain more information on MPF funds, and exercise their rights as consumers to select the funds that best suit their needs.

The Platform, which amalgamates the existing Fund Performance Platform, Fee Comparative Platform, Low Fee Fund List and Default Investment Strategy Fund List, provides a one-stop solution for scheme members to examine information about different MPF funds and compare their fees, performance, fund expense ratio, etc., to assess the effectiveness of MPF funds from different perspectives.

The Platform reveals the breakdown of fund management fees, namely the administration fee / trustee fee / custodian fee, the sponsor fee, and the investment management fee. It also shows the guarantee charge for Guaranteed Funds. These information helps scheme members understand whether their investments and services received provide value for money.

On another note, the MPFA has revamped its MPF investment education platform recently, which now provides financial planning tips to address the needs of scheme members in different age groups. This helps scheme members understand their personal situation and motivates them to manage their MPF proactively to realize their desired retirement life. 

We encourage scheme members to make good use of the various online tools provided by the MPFA to review their investment portfolio regularly, and to formulate an appropriate investment strategy according to their stage of life, investment goals and risk tolerance level.

MPF Fund Platform