Sun Life MPF Multi-Sector Equity Fund - Class B: Performance & Fees (data as of 2026-09-30)
Sun Life MPF Multi-Sector Equity Fund - Class B (Sun Life Rainbow MPF Scheme) had an MPFA-published 5-year annualised return of +9.59% and an FER of 1.60%; its month-end max drawdown over 2020-07 – 2026-09 was -25.66%. It ranked 13 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 | Sun Life MPF Multi-Sector Equity Fund - Class B | Category median (n=26) |
|---|---|---|
| 1y | +20.48% | +16.63% |
| 5y p.a. | +9.59% | +9.83% |
| 10y p.a. | +10.18% | +9.83% |
| 2025 | +18.17% | +18.91% |
| 2024 | +11.73% | +15.23% |
| 2023 | +19.10% | +20.67% |
| 2022 | -20.09% | -20.25% |
| 2021 | +18.86% | +18.19% |
| Max drawdown† | -25.66% | -25.71% |
| FER | 1.60% | 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 | 11,614 |
| 2021-12-31 | 13,804 |
| 2024-12-31 | 14,679 |
| 2025-12-31 | 17,345 |
| 2026-09-30 | 20,395 |
Largest drawdown
From a month-end peak on 2021-12-31 to a trough on 2022-09-30: -25.66%; regained the prior peak by 2024-03-28. 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 | HSBC Mandatory Provident Fund - SuperTrust Plus | +11.15% | 0.82% | 75 | -23.62% |
| Global Equity Fund | Hang Seng Mandatory Provident Fund - SuperTrust Plus | +11.15% | 0.82% | 75 | -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.
About the fund
- Scheme: Sun Life Rainbow MPF Scheme
- Trustee: Sun Life Trustee Company Limited
- MPFA fund type: Equity Fund - Global Equities
- Launch date: 2008-03-01
- Management fee (as disclosed): Up to 1.408% 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 Sun Life MPF Multi-Sector Equity Fund - Class B'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 +12.25% annualised from month-end unit prices 2020-07 – 2026-09.
What does Sun Life MPF Multi-Sector Equity Fund - Class B charge?
MPFA-published FER is 1.60%; the category median is 1.29%. Management fee is listed as "Up to 1.408% p.a.".
How risky has Sun Life MPF Multi-Sector Equity Fund - Class B been?
MPFA risk class 5 (1–7). Month-end max drawdown over 2020-07 – 2026-09 was -25.66% (2021-12-31 to 2022-09-30), annualised volatility 15.12%. 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.