CompareMPF

MPF market overview

Aggregate statistics across every constituent fund available in Hong Kong

Source: MPFA Fund Platform · Data as of 31 Jul 2026
Total AUM
HK$1.68tn
Constituent funds
455
Trustees
11
Market-average FER
1.21%

Market share by trustee

By total assets under management (sum of constituent fund size)
HSBC
28.1% · HK$472.1bn · 77 funds
Manulife
27.1% · HK$455.3bn · 29 funds
BCT
12.4% · HK$208.6bn · 171 funds
Sun Life
11.0% · HK$184.2bn · 31 funds
AIAT
9.6% · HK$161.0bn · 21 funds
BOCIP
7.5% · HK$126.5bn · 38 funds
BEA
2.4% · HK$40.9bn · 40 funds
BCOM
0.6% · HK$9.7bn · 14 funds
SCT
0.5% · HK$9.1bn · 10 funds
YF Life
0.4% · HK$6.5bn · 14 funds
China Life
0.3% · HK$5.8bn · 10 funds

Market share by fund type

By total assets under management, across all trustees
Equity Fund
47.2% · HK$793.3bn · 170 funds
Mixed Assets Fund
33.9% · HK$570.0bn · 192 funds
Money Market Fund
10.7% · HK$179.1bn · 41 funds
Guaranteed Fund
5.0% · HK$83.2bn · 9 funds
Bond Fund
3.2% · HK$54.1bn · 43 funds

Risk class distribution

Number of funds at each risk class (1 lowest – 7 highest)
Risk 1
29 funds · 6.6%
Risk 2
3 funds · 0.7%
Risk 3
44 funds · 10.0%
Risk 4
162 funds · 36.9%
Risk 5
118 funds · 26.9%
Risk 6
81 funds · 18.5%
Risk 7
2 funds · 0.5%

Fee landscape by fund type

Average fund expense ratio, cheapest first
Money Market Fund
0.90% · 41 funds
Mixed Assets Fund
1.18% · 192 funds
Bond Fund
1.20% · 43 funds
Equity Fund
1.29% · 170 funds
Guaranteed Fund
1.97% · 9 funds

Top 5 performers

By 2025 calendar year return
3
+37.7%

Bottom 5 performers

By 2025 calendar year return
1
+0.9%
2
+1.6%

Default Investment Strategy (DIS)

Share of market assets held in DIS funds vs. all other funds
DIS funds
11.3%
HK$189.0bn · 56 funds
Non-DIS funds
88.7%
HK$1.49tn · 399 funds
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