MPF Fund Performance Ranking 2026 (data as of 2026-09-30)
As of 2026-09-30, among funds with at least 60 months of history, the highest MPFA 5-year annualised return was +21.24% (Haitong Korea Fund - Class A) and the highest 1-year return +98.35% (Haitong Korea Fund - Class A). Rankings reflect historical figures only. Past performance is not indicative of future results.
Important: Historical data for general information only — not investment advice or a recommendation of any fund, and it does not consider anyone's objectives or circumstances. Past performance is not indicative of future results; prices can go down as well as up. MPFA-published returns and fees are as of 2026-09-30; site-calculated metrics (annualised return, volatility, max drawdown) use month-end prices 2020-07 – 2026-09 and may contain errors or delays. Before any decision, read the trustee's offering documents and MPFA information, and consult a licensed or registered professional where appropriate. Full disclaimer · Methodology
5-year annualised return (n=425)
| # | Fund | Scheme | Category | 5y ann.* | FER* | Months† | Volatility† | Max drawdown† |
|---|---|---|---|---|---|---|---|---|
| 1 | Haitong Korea Fund - Class A | Haitong MPF Retirement Fund | Other equity | +21.24% | 1.71% | 75 | 33.53% | -38.86% |
| 2 | Haitong Korea Fund - Class T | Haitong MPF Retirement Fund | Other equity | +21.24% | 1.71% | 75 | 33.52% | -38.83% |
| 3 | Haitong Global Diversification Fund - Class T | Haitong MPF Retirement Fund | Global equity | +15.21% | 1.29% | 75 | 20.87% | -31.89% |
| 4 | Haitong Global Diversification Fund - Class A | Haitong MPF Retirement Fund | Global equity | +15.10% | 1.39% | 75 | 20.88% | -31.96% |
| 5 | Manulife MPF Japan Equity Fund | Manulife Global Select (MPF) Scheme | Japan equity | +13.17% | 1.72% | 75 | 13.33% | -23.31% |
| 6 | American Fund | AIA MPF - Prime Value Choice | US equity | +12.01% | 0.83% | 75 | 15.61% | -24.35% |
| 7 | Green Fund | AIA MPF - Prime Value Choice | Global equity | +11.84% | 1.42% | 75 | 15.21% | -25.97% |
| 8 | North American Equity Fund | HSBC Mandatory Provident Fund - SuperTrust Plus | US equity | +11.65% | 1.32% | 75 | 15.02% | -23.67% |
| 9 | North American Equity Fund | Hang Seng Mandatory Provident Fund - SuperTrust Plus | US equity | +11.65% | 1.32% | 75 | 15.02% | -23.67% |
| 10 | BOC-Prudential Japan Equity Fund | BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme | Japan equity | +11.62% | 1.64% | 75 | 13.66% | -22.43% |
| 11 | North American Equity Fund | AIA MPF - Prime Value Choice | US equity | +11.60% | 1.67% | 75 | 15.34% | -22.97% |
| 12 | BOC-Prudential North America Index Tracking Fund | BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme | US equity | +11.55% | 1.00% | 75 | 15.54% | -24.94% |
| 13 | ValueChoice North America Equity Tracker Fund | HSBC Mandatory Provident Fund - SuperTrust Plus | US equity | +11.55% | 0.82% | 75 | 15.12% | -24.66% |
| 14 | ValueChoice North America Equity Tracker Fund | Hang Seng Mandatory Provident Fund - SuperTrust Plus | US equity | +11.55% | 0.82% | 75 | 15.12% | -24.66% |
| 15 | Asian Equity Fund | AIA MPF - Prime Value Choice | Asia equity | +11.39% | 1.69% | 75 | 17.88% | -28.14% |
| 16 | BEA (MPF) North American Equity Fund | BEA (MPF) Master Trust Scheme | US equity | +11.39% | 1.23% | 75 | 15.31% | -24.23% |
| 17 | Haitong Asia Pacific Fund - Class T | Haitong MPF Retirement Fund | Asia equity | +11.26% | 1.87% | 75 | 24.37% | -31.23% |
| 18 | Principal US Equity Fund - Class D | BCT MPF Scheme Series 800 | US equity | +11.24% | 1.22% | 75 | 15.10% | -24.17% |
| 19 | Haitong Asia Pacific Fund - Class A | Haitong MPF Retirement Fund | Asia equity | +11.21% | 1.92% | 75 | 24.38% | -31.28% |
| 20 | Global Equity Fund | HSBC Mandatory Provident Fund - SuperTrust Plus | Global equity | +11.15% | 0.82% | 75 | 13.92% | -23.62% |
* 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.
10-year annualised return (n=356)
| # | Fund | Scheme | Category | 10y ann.* | FER* | Months† | Max drawdown† |
|---|---|---|---|---|---|---|---|
| 1 | Haitong Global Diversification Fund - Class T | Haitong MPF Retirement Fund | Global equity | +15.01% | 1.29% | 75 | -31.89% |
| 2 | Haitong Global Diversification Fund - Class A | Haitong MPF Retirement Fund | Global equity | +14.89% | 1.39% | 75 | -31.96% |
| 3 | BOC-Prudential North America Index Tracking Fund | BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme | US equity | +13.36% | 1.00% | 75 | -24.94% |
| 4 | US Equity Fund | MASS Mandatory Provident Fund Scheme | US equity | +13.06% | 1.05% | 75 | -38.02% |
| 5 | North American Equity Fund | HSBC Mandatory Provident Fund - SuperTrust Plus | US equity | +13.04% | 1.32% | 75 | -23.67% |
| 6 | North American Equity Fund | Hang Seng Mandatory Provident Fund - SuperTrust Plus | US equity | +13.04% | 1.32% | 75 | -23.67% |
| 7 | BEA (MPF) North American Equity Fund | BEA (MPF) Master Trust Scheme | US equity | +12.91% | 1.23% | 75 | -24.23% |
| 8 | Allianz Oriental Pacific Fund - Class B | Manulife RetireChoice (MPF) Scheme | Mixed assets (other) | +12.89% | 1.34% | 75 | -32.89% |
| 9 | Allianz Oriental Pacific Fund - Class T | Manulife RetireChoice (MPF) Scheme | Mixed assets (other) | +12.89% | 1.31% | 75 | -32.88% |
| 10 | Allianz Oriental Pacific Fund - Class A | Manulife RetireChoice (MPF) Scheme | Mixed assets (other) | +12.67% | 1.54% | 75 | -33.02% |
| 11 | North American Equity Fund | AIA MPF - Prime Value Choice | US equity | +12.43% | 1.67% | 75 | -22.97% |
| 12 | American Fund | AIA MPF - Prime Value Choice | US equity | +12.37% | 0.83% | 75 | -24.35% |
| 13 | Principal US Equity Fund - Class D | BCT MPF Scheme Series 800 | US equity | +12.24% | 1.22% | 75 | -24.17% |
| 14 | Principal US Equity Fund - Class I | BCT MPF Scheme Series 800 | US equity | +11.98% | 1.33% | 75 | -24.28% |
| 15 | Green Fund | AIA MPF - Prime Value Choice | Global equity | +11.88% | 1.42% | 75 | -25.97% |
| 16 | Manulife MPF Japan Equity Fund | Manulife Global Select (MPF) Scheme | Japan equity | +11.35% | 1.72% | 75 | -23.31% |
| 17 | Asian Equity Fund | AIA MPF - Prime Value Choice | Asia equity | +11.30% | 1.69% | 75 | -28.14% |
| 18 | BEA Global Equity Fund | BEA (MPF) Value Scheme | Global equity | +11.30% | 0.93% | 75 | -24.49% |
| 19 | Manulife MPF North American Equity Fund | Manulife Global Select (MPF) Scheme | US equity | +11.12% | 1.73% | 75 | -32.19% |
| 20 | BEA (MPF) Global Equity Fund | BEA (MPF) Master Trust Scheme | Global equity | +11.03% | 1.22% | 75 | -24.82% |
* 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.
1-year return (n=425)
| # | Fund | Scheme | Category | 1y ann.* | FER* | Months† | Max drawdown† |
|---|---|---|---|---|---|---|---|
| 1 | Haitong Korea Fund - Class A | Haitong MPF Retirement Fund | Other equity | +98.35% | 1.71% | 75 | -38.86% |
| 2 | Haitong Korea Fund - Class T | Haitong MPF Retirement Fund | Other equity | +98.35% | 1.71% | 75 | -38.83% |
| 3 | Haitong Asia Pacific Fund - Class T | Haitong MPF Retirement Fund | Asia equity | +48.21% | 1.87% | 75 | -31.23% |
| 4 | Haitong Asia Pacific Fund - Class A | Haitong MPF Retirement Fund | Asia equity | +48.17% | 1.92% | 75 | -31.28% |
| 5 | BEA (MPF) Asian Equity Fund | BEA (MPF) Master Trust Scheme | Asia equity | +44.33% | 1.28% | 75 | -37.96% |
| 6 | BEA (Industry Scheme) Asian Equity Fund | BEA (MPF) Industry Scheme | Asia equity | +44.19% | 1.27% | 75 | -37.17% |
| 7 | BEA Asian Equity Fund | BEA (MPF) Value Scheme | Asia equity | +43.71% | 0.96% | 75 | -39.45% |
| 8 | My Choice Asia Equity Fund | My Choice Mandatory Provident Fund Scheme | Asia equity | +41.08% | 1.09% | 75 | -33.94% |
| 9 | Asia Pacific Equity Fund | Fidelity Retirement Master Trust | Asia equity | +40.75% | 1.52% | 75 | -34.44% |
| 10 | Sun Life MPF Asian Equity Fund - Class B | Sun Life Rainbow MPF Scheme | Asia equity | +39.03% | 1.79% | 75 | -42.50% |
| 11 | Sun Life MPF Asian Equity Fund - Class A | Sun Life Rainbow MPF Scheme | Asia equity | +38.85% | 1.99% | 75 | -42.67% |
| 12 | Haitong Global Diversification Fund - Class T | Haitong MPF Retirement Fund | Global equity | +35.94% | 1.29% | 75 | -31.89% |
| 13 | Haitong Global Diversification Fund - Class A | Haitong MPF Retirement Fund | Global equity | +35.81% | 1.39% | 75 | -31.96% |
| 14 | Allianz Asian Fund - Class T | Manulife RetireChoice (MPF) Scheme | Asia equity | +34.24% | 1.23% | 75 | -44.44% |
| 15 | Allianz Asian Fund - Class B | Manulife RetireChoice (MPF) Scheme | Asia equity | +34.22% | 1.26% | 74 | -44.47% |
| 16 | Allianz Asian Fund - Class A | Manulife RetireChoice (MPF) Scheme | Asia equity | +33.95% | 1.46% | 75 | -44.66% |
| 17 | Asian Equity Fund | AIA MPF - Prime Value Choice | Asia equity | +33.39% | 1.69% | 75 | -28.14% |
| 18 | Manulife MPF Pacific Asia Equity Fund | Manulife Global Select (MPF) Scheme | Asia equity | +32.44% | 1.78% | 75 | -30.78% |
| 19 | Principal Dynamic Asia Pacific Equity Fund | BCT MPF - Smart Plan | Asia equity | +30.45% | 1.60% | 75 | -35.11% |
| 20 | Principal Dynamic Asia Pacific Equity Fund | BCT MPF - Simple Plan | Asia equity | +30.19% | 1.62% | 75 | -35.12% |
* 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.
Calendar-year 2025 return (n=425)
| # | Fund | Scheme | Category | 2025* | 2022* | FER* | Months† |
|---|---|---|---|---|---|---|---|
| 1 | Haitong Korea Fund - Class A | Haitong MPF Retirement Fund | Other equity | +84.85% | -24.30% | 1.71% | 75 |
| 2 | Haitong Korea Fund - Class T | Haitong MPF Retirement Fund | Other equity | +84.79% | -24.29% | 1.71% | 75 |
| 3 | Manulife MPF China Value Fund | Manulife Global Select (MPF) Scheme | Greater China equity | +37.73% | -27.77% | 1.91% | 75 |
| 4 | Allianz Greater China Fund - Class T | Manulife RetireChoice (MPF) Scheme | Greater China equity | +37.15% | -22.93% | 1.23% | 75 |
| 5 | BCOM Greater China Equity (CF) Fund | BCOM Joyful Retirement MPF Scheme | Greater China equity | +37.11% | -23.18% | 1.32% | 75 |
| 6 | Allianz Greater China Fund - Class B | Manulife RetireChoice (MPF) Scheme | Greater China equity | +37.11% | -22.95% | 1.26% | 75 |
| 7 | Allianz Greater China Fund - Class A | Manulife RetireChoice (MPF) Scheme | Greater China equity | +36.84% | -23.10% | 1.46% | 75 |
| 8 | BEA Greater China Equity Fund | BEA (MPF) Value Scheme | Greater China equity | +36.54% | -26.34% | 0.95% | 75 |
| 9 | Sun Life FTSE MPF Hong Kong Index Fund - Class A | Sun Life Rainbow MPF Scheme | HK index tracking | +36.27% | -15.08% | 0.92% | 75 |
| 10 | Sun Life FTSE MPF Hong Kong Index Fund - Class B | Sun Life Rainbow MPF Scheme | HK index tracking | +36.27% | -15.08% | 0.92% | 75 |
| 11 | BEA (MPF) Greater China Equity Fund | BEA (MPF) Master Trust Scheme | Greater China equity | +35.62% | -26.84% | 1.26% | 75 |
| 12 | BEA (Industry Scheme) Greater China Equity Fund | BEA (MPF) Industry Scheme | Greater China equity | +35.56% | -26.93% | 1.28% | 75 |
| 13 | Allianz Hong Kong Fund - Class T | Manulife RetireChoice (MPF) Scheme | Hong Kong equity | +35.49% | -14.03% | 1.18% | 75 |
| 14 | Allianz Hong Kong Fund - Class B | Manulife RetireChoice (MPF) Scheme | Hong Kong equity | +35.45% | -14.06% | 1.21% | 75 |
| 15 | Allianz Hong Kong Fund - Class A | Manulife RetireChoice (MPF) Scheme | Hong Kong equity | +35.18% | -14.23% | 1.41% | 75 |
| 16 | Principal Hong Kong Equity Fund - Class D | BCT MPF Scheme Series 800 | Hong Kong equity | +35.06% | -21.14% | 1.25% | 75 |
| 17 | Principal Hong Kong Equity Fund - Class I | BCT MPF Scheme Series 800 | Hong Kong equity | +34.98% | -21.22% | 1.30% | 75 |
| 18 | Hong Kong Equities Fund | MASS Mandatory Provident Fund Scheme | Hong Kong equity | +34.97% | -14.25% | 1.03% | 75 |
| 19 | BCOM Hong Kong Dynamic Equity (CF) Fund | BCOM Joyful Retirement MPF Scheme | Hong Kong equity | +34.67% | -21.26% | 1.31% | 75 |
| 20 | Greater China Equity Fund | AIA MPF - Prime Value Choice | Greater China equity | +34.38% | -22.98% | 1.67% | 75 |
* 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.
Shallowest max drawdown (2020-07 – 2026-09, month-end) (n=425)
Shallow drawdowns are mostly conservative, bond and money-market funds — this reflects asset class, not quality. Month-end data understates intra-month falls.
| # | Fund | Scheme | Category | Max drawdown† | Volatility† | 5y ann.* | Months† |
|---|---|---|---|---|---|---|---|
| 1 | MPF Conservative Fund | AIA MPF - Prime Value Choice | MPF Conservative Fund | 0.00% | 0.38% | +2.12% | 75 |
| 2 | BCOM MPF Conservative Fund | BCOM Joyful Retirement MPF Scheme | MPF Conservative Fund | 0.00% | 0.33% | +2.09% | 75 |
| 3 | Principal - MPF Conservative Fund | BCT MPF - Simple Plan | MPF Conservative Fund | 0.00% | 0.46% | +2.06% | 75 |
| 4 | Principal - MPF Conservative Fund | BCT MPF - Smart Plan | MPF Conservative Fund | 0.00% | 0.47% | +2.10% | 75 |
| 5 | Principal MPF Conservative Fund - Class N | BCT MPF Scheme Series 800 | MPF Conservative Fund | 0.00% | 0.45% | +2.13% | 75 |
| 6 | BEA (Industry Scheme) MPF Conservative Fund | BEA (MPF) Industry Scheme | MPF Conservative Fund | 0.00% | 0.39% | +2.04% | 75 |
| 7 | BEA (MPF) Conservative Fund | BEA (MPF) Master Trust Scheme | MPF Conservative Fund | 0.00% | 0.39% | +2.04% | 75 |
| 8 | BEA MPF Conservative Fund | BEA (MPF) Value Scheme | MPF Conservative Fund | 0.00% | 0.40% | +2.05% | 75 |
| 9 | BOC-Prudential MPF Conservative Fund | BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme | MPF Conservative Fund | 0.00% | 0.48% | +2.36% | 75 |
| 10 | China Life MPF Conservative Fund | China Life MPF Master Trust Scheme | MPF Conservative Fund | 0.00% | 0.43% | +2.09% | 75 |
| 11 | MPF Conservative Fund | Fidelity Retirement Master Trust | MPF Conservative Fund | 0.00% | 0.43% | +2.02% | 75 |
| 12 | MPF Conservative Fund | HSBC Mandatory Provident Fund - SuperTrust Plus | MPF Conservative Fund | 0.00% | 0.50% | +2.34% | 75 |
| 13 | Haitong MPF Conservative Fund - Class T | Haitong MPF Retirement Fund | MPF Conservative Fund | 0.00% | 0.46% | +2.26% | 75 |
| 14 | MPF Conservative Fund | Hang Seng Mandatory Provident Fund - SuperTrust Plus | MPF Conservative Fund | 0.00% | 0.50% | +2.35% | 75 |
| 15 | MPF Conservative Fund | MASS Mandatory Provident Fund Scheme | MPF Conservative Fund | 0.00% | 0.42% | +2.04% | 75 |
| 16 | Allianz MPF Conservative Fund - Class A | Manulife RetireChoice (MPF) Scheme | MPF Conservative Fund | 0.00% | 0.40% | +1.88% | 75 |
| 17 | Allianz MPF Conservative Fund - Class B | Manulife RetireChoice (MPF) Scheme | MPF Conservative Fund | 0.00% | 0.40% | +1.88% | 75 |
| 18 | Allianz MPF Conservative Fund - Class T | Manulife RetireChoice (MPF) Scheme | MPF Conservative Fund | 0.00% | 0.41% | +1.91% | 75 |
| 19 | AMTD Invesco MPF Conservative Fund | AMTD MPF Scheme | MPF Conservative Fund | -0.01% | 0.41% | +1.80% | 75 |
| 20 | BCT (Industry) MPF Conservative Fund | BCT (MPF) Industry Choice | MPF Conservative Fund | -0.01% | 0.43% | +1.97% | 75 |
* 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.
FAQ
How did MPF funds do in calendar 2025?
Across 425 funds, the median 2025 return was +16.57%; the highest was +84.85% (Haitong Korea Fund - Class A).
Why a minimum history?
Young funds have short records that can look unusually good or bad by chance. All rankings include only funds with at least 60 months of prices, and show the months.
Will the top-ranked fund keep leading?
Nobody can know. Past performance is not indicative of future results. Rankings also ignore risk: several high-return funds also had deep historical drawdowns.