Growth Portfolio: Performance & Fees (data as of 2026-09-30)
Growth Portfolio (AIA MPF - Prime Value Choice) had an MPFA-published 5-year annualised return of +6.44% and an FER of 1.67%; its month-end max drawdown over 2020-07 – 2026-09 was -29.61%. It ranked 2 of 21 Mixed assets (81–100% equity) funds with a 5-year record by 5-year return. Past performance is not indicative of future results.
Data as of 2026-09-30MPFA Fund Platform pageLast updated 2026-10-21
* MPFA-published. † Calculated by us from 75 month-end prices, 2020-07-31 to 2026-09-30.
Returns vs category median
| Period | Growth Portfolio | Category median (n=21) |
|---|---|---|
| 1y | +12.25% | +11.08% |
| 5y p.a. | +6.44% | +6.10% |
| 10y p.a. | +7.57% | +7.19% |
| 2025 | +25.23% | +24.97% |
| 2024 | +10.20% | +10.39% |
| 2023 | +6.98% | +5.63% |
| 2022 | -16.80% | -17.78% |
| 2021 | +3.71% | +3.28% |
| Max drawdown† | -29.61% | -30.81% |
| FER | 1.67% | 1.45% |
Growth of HK$10,000 (2020-07-31 to 2026-09-30)
Unit prices are net of fund charges; assumes a one-off HK$10,000 with no further contributions. Historical illustration only, not a projection.
| Date | HK$ |
|---|---|
| 2020-07-31 | 10,000 |
| 2020-12-31 | 11,819 |
| 2021-12-31 | 12,257 |
| 2024-12-31 | 12,023 |
| 2025-12-31 | 15,057 |
| 2026-09-30 | 16,625 |
Largest drawdown
From a month-end peak on 2021-05-31 to a trough on 2022-10-31: -29.61%; regained the prior peak by 2025-05-30. A 50% fall needs a 100% gain to recover.
Category peers (by 5-year return)
| Fund | Scheme | 5y ann.* | FER* | Months† | Max drawdown† |
|---|---|---|---|---|---|
| BOC-Prudential Growth Fund | BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme | +6.62% | 1.66% | 75 | -28.07% |
| Allianz Growth Fund - Class T | Manulife RetireChoice (MPF) Scheme | +6.30% | 1.27% | 75 | -29.66% |
| Principal Growth Fund | BCT MPF - Simple Plan | +6.29% | 1.52% | 75 | -31.66% |
| AMTD Allianz Choice Growth Fund | AMTD MPF Scheme | +6.28% | 1.22% | 75 | -29.66% |
| Principal Growth Fund | BCT MPF - Smart Plan | +6.28% | 1.50% | 75 | -31.69% |
* Published by the MPFA (data as of 2026-09-30). † Calculated by this site from month-end unit prices, 2020-07 to 2026-09; "Months" = number of month-end prices available — figures from short histories are less reliable. n/a = not available. Click a column header to sort.
About the fund
- Scheme: AIA MPF - Prime Value Choice
- Trustee: AIA Company (Trustee) Limited
- MPFA fund type: Mixed Assets Fund - Global - Maximum equity 100%
- Launch date: 2000-12-01
- Management fee (as disclosed): Up to 1.205% p.a.
The trustee's offering document (MPF scheme brochure) is the authoritative source for objectives and fees.
Download month-end prices (CSV) · Methodology · All Mixed assets (81–100% equity) funds · eMPF switching guide
Cite as: MPF Watch (mpfwatch.com), MPFA data as of 2026-09-30.
FAQ
How is Growth Portfolio's return calculated?
1/5/10-year figures are MPFA-published annualised returns (as of 2026-09-30), net of fund charges. We separately calculate +8.59% annualised from month-end unit prices 2020-07 – 2026-09.
What does Growth Portfolio charge?
MPFA-published FER is 1.67%; the category median is 1.45%. Management fee is listed as "Up to 1.205% p.a.".
How risky has Growth Portfolio been?
MPFA risk class 5 (1–7). Month-end max drawdown over 2020-07 – 2026-09 was -29.61% (2021-05-31 to 2022-10-31), annualised volatility 13.63%. Month-end data understates intra-month falls.
Is this fund capital-guaranteed?
No. It is in the "Mixed assets (81–100% equity)" category; prices can fall and capital can be lost.
How do fund switches work?
Switching is generally done through the eMPF Platform or the trustee; we do not give switching advice. See our eMPF switching guide.