MPF Guaranteed Fund Performance (data as of 2026-09-30)
As of 2026-09-30, 7 MPF Guaranteed funds with a 5-year record had MPFA 5-year annualised returns from -1.39% to +2.12% (median -0.34%); median FER 1.92%. Past performance is not indicative of future results.
Guarantees apply only under trustee-specified conditions and carry a guarantee charge; conditions differ by fund — see each scheme brochure.
5-year annualised return (historical)
| # | Fund | Scheme | 5y ann.* | 1y ann.* | 10y ann.* | FER* | Months† | Volatility† | Max drawdown† |
|---|---|---|---|---|---|---|---|---|---|
| 1 | BCOM Guaranteed (CF) Fund | BCOM Joyful Retirement MPF Scheme | +2.12% | +0.84% | +1.55% | 1.47% | 75 | 4.25% | -13.85% |
| 2 | China Life Joyful Retirement Guaranteed Fund | China Life MPF Master Trust Scheme | +0.31% | -0.24% | +1.00% | 1.92% | 75 | 6.11% | -19.72% |
| 3 | Manulife MPF Stable Fund | Manulife Global Select (MPF) Scheme | +0.11% | +0.31% | +1.81% | 1.74% | 75 | 6.82% | -23.60% |
| 4 | Guaranteed Fund | HSBC Mandatory Provident Fund - SuperTrust Plus | -0.34% | -1.67% | +0.09% | 2.05% | 75 | 2.72% | -12.11% |
| 5 | Guaranteed Fund | Hang Seng Mandatory Provident Fund - SuperTrust Plus | -0.34% | -1.67% | +0.09% | 2.05% | 75 | 2.72% | -12.11% |
| 6 | Manulife Career Average Guaranteed Fund - SHKP | SHKP MPF Employer Sponsored Scheme | -0.80% | -0.82% | +0.44% | 2.15% | 75 | 4.56% | -18.13% |
| 7 | Guaranteed Fund | MASS Mandatory Provident Fund Scheme | -1.39% | +0.01% | +0.17% | 2.88% | 75 | 7.44% | -24.10% |
* 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.
Shorter-history funds (not ranked)
| Fund | Scheme | 1y ann.* | FER* | Months† | Max drawdown† |
|---|---|---|---|---|---|
| Guaranteed Portfolio | AIA MPF - Prime Value Choice | +1.61% | 1.54% | n/a | n/a |
| Manulife MPF Interest Fund | Manulife Global Select (MPF) Scheme | +0.88% | 1.74% | n/a | n/a |
* 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.
Median calendar-year returns
| 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -2.43% | -6.77% | +2.35% | +2.61% | +5.80% |
All funds · By risk class · Fees guide
FAQ
How many Guaranteed MPF funds are there?
By our classification, 9 fund classes as of 2026-09-30; 7 have a 5-year return and ≥60 months of history.
What do Guaranteed funds charge?
FERs range from 1.47% to 2.88%, median 1.92%.
How deep were Guaranteed drawdowns?
Median month-end max drawdown over 2020-07 – 2026-09 was -18.13%; median 2022 return -6.77%.
Is this ranking a recommendation?
No. The table sorts by one historical figure; it is not a rating or advice.