Sun Life MPF US Equity Fund: Performance & Fees (data as of 2026-09-30)
Sun Life MPF US Equity Fund (Sun Life Rainbow MPF Scheme) had an MPFA-published 5-year annualised return of n/a and an FER of 1.32%; its month-end max drawdown over 2020-07 – 2026-09 was -9.87%. 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 40 month-end prices, 2023-06-30 to 2026-09-30.
Returns vs category median
| Period | Sun Life MPF US Equity Fund | Category median (n=20) |
|---|---|---|
| 1y | +19.61% | +14.38% |
| 5y p.a. | n/a | +11.55% |
| 10y p.a. | n/a | +12.67% |
| 2025 | +12.88% | +15.32% |
| 2024 | +20.97% | +21.76% |
| 2023 | n/a | +24.30% |
| 2022 | n/a | -19.58% |
| 2021 | n/a | +26.46% |
| Max drawdown† | -9.87% | -24.20% |
| FER | 1.32% | 1.06% |
Growth of HK$10,000 (2023-06-30 to 2026-09-30)
Unit prices are net of fund charges; assumes a one-off HK$10,000 with no further contributions. Historical illustration only, not a projection.
| Date | HK$ |
|---|---|
| 2023-06-30 | 10,000 |
| 2024-12-31 | 13,002 |
| 2025-12-31 | 14,676 |
| 2026-09-30 | 17,318 |
Largest drawdown
From a month-end peak on 2025-01-28 to a trough on 2025-04-30: -9.87%; regained the prior peak by 2025-06-30. A 50% fall needs a 100% gain to recover.
Category peers (by 5-year return)
| Fund | Scheme | 5y ann.* | FER* | Months† | Max drawdown† |
|---|---|---|---|---|---|
| American Fund | AIA MPF - Prime Value Choice | +12.01% | 0.83% | 75 | -24.35% |
| North American Equity Fund | HSBC Mandatory Provident Fund - SuperTrust Plus | +11.65% | 1.32% | 75 | -23.67% |
| North American Equity Fund | Hang Seng Mandatory Provident Fund - SuperTrust Plus | +11.65% | 1.32% | 75 | -23.67% |
| North American Equity Fund | AIA MPF - Prime Value Choice | +11.60% | 1.67% | 75 | -22.97% |
| BOC-Prudential North America Index Tracking Fund | BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme | +11.55% | 1.00% | 75 | -24.94% |
* 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 - United States
- Launch date: 2023-06-05
- Management fee (as disclosed): Up to 1.205% 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 US equity funds · eMPF switching guide
Cite as: MPF Watch (mpfwatch.com), MPFA data as of 2026-09-30.
FAQ
How is Sun Life MPF US 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 +18.39% annualised from month-end unit prices 2020-07 – 2026-09.
What does Sun Life MPF US Equity Fund charge?
MPFA-published FER is 1.32%; the category median is 1.06%. Management fee is listed as "Up to 1.205% p.a.".
How risky has Sun Life MPF US Equity Fund been?
MPFA risk class 5 (1–7). Month-end max drawdown over 2020-07 – 2026-09 was -9.87% (2025-01-28 to 2025-04-30), annualised volatility 13.73%. Month-end data understates intra-month falls.
Is this fund capital-guaranteed?
No. It is in the "US 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.