Manulife MPF Japan Equity Fund: Performance & Fees (data as of 2026-09-30)
Manulife MPF Japan Equity Fund (Manulife Global Select (MPF) Scheme) had an MPFA-published 5-year annualised return of +13.17% and an FER of 1.72%; its month-end max drawdown over 2020-07 – 2026-09 was -23.31%. It ranked 1 of 3 Japan 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 | Manulife MPF Japan Equity Fund | Category median (n=3) |
|---|---|---|
| 1y | +26.05% | +26.05% |
| 5y p.a. | +13.17% | +11.62% |
| 10y p.a. | +11.35% | +9.35% |
| 2025 | +20.77% | +23.71% |
| 2024 | +21.29% | +13.77% |
| 2023 | +24.82% | +21.74% |
| 2022 | -11.30% | -13.00% |
| 2021 | +9.64% | +3.89% |
| Max drawdown† | -23.31% | -22.43% |
| FER | 1.72% | 1.64% |
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 | 12,116 |
| 2021-12-31 | 13,283 |
| 2024-12-31 | 17,837 |
| 2025-12-31 | 21,542 |
| 2026-09-30 | 25,995 |
Largest drawdown
From a month-end peak on 2021-09-30 to a trough on 2022-09-30: -23.31%; regained the prior peak by 2023-11-30. 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 Japan Equity Fund | BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme | +11.62% | 1.64% | 75 | -22.43% |
| BEA (MPF) Japan Equity Fund | BEA (MPF) Master Trust Scheme | +10.90% | 1.28% | 75 | -22.05% |
* 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: Manulife Global Select (MPF) Scheme
- Trustee: Manulife Provident Funds Trust Company Limited
- MPFA fund type: Equity Fund - Japan
- Launch date: 2000-12-01
- Management fee (as disclosed): 1.44% p.a.
The trustee's offering document (MPF scheme brochure) is the authoritative source for objectives and fees.
Download month-end prices (CSV) · Methodology · eMPF switching guide
Cite as: MPF Watch (mpfwatch.com), MPFA data as of 2026-09-30.
FAQ
How is Manulife MPF Japan 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 +16.76% annualised from month-end unit prices 2020-07 – 2026-09.
What does Manulife MPF Japan Equity Fund charge?
MPFA-published FER is 1.72%; the category median is 1.64%. Management fee is listed as "1.44% p.a.".
How risky has Manulife MPF Japan Equity Fund been?
MPFA risk class 5 (1–7). Month-end max drawdown over 2020-07 – 2026-09 was -23.31% (2021-09-30 to 2022-09-30), annualised volatility 13.33%. Month-end data understates intra-month falls.
Is this fund capital-guaranteed?
No. It is in the "Japan 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.