Global Equity Fund: Performance & Fees (data as of 2026-09-30)
Global Equity Fund (HSBC Mandatory Provident Fund - SuperTrust Plus) had an MPFA-published 5-year annualised return of +11.15% and an FER of 0.82%; its month-end max drawdown over 2020-07 – 2026-09 was -23.62%. It ranked 4 of 23 Global 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 | Global Equity Fund | Category median (n=26) |
|---|---|---|
| 1y | +17.55% | +16.63% |
| 5y p.a. | +11.15% | +9.83% |
| 10y p.a. | n/a | +9.83% |
| 2025 | +20.64% | +18.91% |
| 2024 | +13.97% | +15.23% |
| 2023 | +22.11% | +20.67% |
| 2022 | -17.28% | -20.25% |
| 2021 | +21.63% | +18.19% |
| Max drawdown† | -23.62% | -25.71% |
| FER | 0.82% | 1.29% |
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 | 11,647 |
| 2021-12-31 | 14,167 |
| 2024-12-31 | 16,309 |
| 2025-12-31 | 19,674 |
| 2026-09-30 | 22,362 |
Largest drawdown
From a month-end peak on 2021-12-31 to a trough on 2022-09-30: -23.62%; regained the prior peak by 2023-12-29. A 50% fall needs a 100% gain to recover.
Category peers (by 5-year return)
| Fund | Scheme | 5y ann.* | FER* | Months† | Max drawdown† |
|---|---|---|---|---|---|
| Haitong Global Diversification Fund - Class T | Haitong MPF Retirement Fund | +15.21% | 1.29% | 75 | -31.89% |
| Haitong Global Diversification Fund - Class A | Haitong MPF Retirement Fund | +15.10% | 1.39% | 75 | -31.96% |
| Green Fund | AIA MPF - Prime Value Choice | +11.84% | 1.42% | 75 | -25.97% |
| Global Equity Fund | Hang Seng Mandatory Provident Fund - SuperTrust Plus | +11.15% | 0.82% | 75 | -23.62% |
| BEA Global Equity Fund | BEA (MPF) Value Scheme | +11.07% | 0.93% | 75 | -24.49% |
* 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: HSBC Mandatory Provident Fund - SuperTrust Plus
- Trustee: HSBC Provident Fund Trustee (Hong Kong) Limited
- MPFA fund type: Equity Fund - Global
- Launch date: 2019-07-01
- Management fee (as disclosed): 0.67% 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 Global equity funds · eMPF switching guide
Cite as: MPF Watch (mpfwatch.com), MPFA data as of 2026-09-30.
FAQ
How is Global Equity Fund'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 +13.94% annualised from month-end unit prices 2020-07 – 2026-09.
What does Global Equity Fund charge?
MPFA-published FER is 0.82%; the category median is 1.29%. Management fee is listed as "0.67% p.a.".
How risky has Global Equity Fund been?
MPFA risk class 5 (1–7). Month-end max drawdown over 2020-07 – 2026-09 was -23.62% (2021-12-31 to 2022-09-30), annualised volatility 13.92%. Month-end data understates intra-month falls.
Is this fund capital-guaranteed?
No. It is in the "Global 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.