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eMPF Fund Switching Guide: Two Instructions Must Be Set Separately

eMPF fund switching has two separate instructions: switching existing balances and changing the mandate for future contributions; each must be set separately. Processing usually takes several business days; funds generally have no switching fee, though some schemes set frequency rules.

Last updated: 2026-10-21

Two kinds of switching instruction

1. Switching existing balances: selling existing units in the account and buying other funds.
2. Changing the investment mandate for future contributions: affects only how new contributions are allocated.
They are separate instructions; changing one does not change the other.

General steps on the eMPF Platform

1. Log in to the eMPF website or app (identity verification required).
2. Choose the account (contribution, personal, TVC, etc.).
3. Choose "switch funds" or "change investment mandate" and enter the new percentages.
4. Review, confirm and keep the confirmation.
The actual screens and labels are as described in official eMPF guidance.

Facts to know

• Switches take several business days, prices move in the meantime, and assets may be out of the market for part of that time.
• Some trustees set rules on switch frequency or timing; see the scheme brochure.
• Our market-timing study found that most rule-based timing strategies failed to beat staying invested out of sample — see the market-timing study. This is historical research, not switching advice.

This page is general educational information, not investment, tax or legal advice, and does not consider anyone's circumstances. Rules may change; rely on the latest official MPFA, Labour Department, IRD and trustee information and consult a licensed or registered professional where appropriate. Full disclaimer

eMPF official site · Fund data · Market-timing study

FAQ

Is there a fee to switch funds on eMPF?

MPF funds generally have no switching fee, but check the scheme brochure.

Is there a limit on how often you can switch funds on eMPF?

Some trustees or schemes set rules on switch frequency; check the scheme brochure and any eMPF prompts. This site does not give switching advice.

How much time does eMPF fund switching take?

Usually several business days; prices move in the meantime, and assets may be out of the market for part of that time.

eMPF fund-switching guide: what are the two instructions?

One switches existing balances (sell then buy other funds); the other changes the mandate for future contributions. Each must be set separately.

Are all schemes on eMPF?

Per our data, 24 of 24 schemes have onboarded to eMPF.

Will this site signal when to switch?

No. We provide no buy, sell or switch signals.