Hong Kong Mandatory Provident Fund Schemes Authority releases December 2025 MPF Statistical Digest with assets around HKD 1,550 billion and 2025 contributions at HKD 90.7 billion

The Hong Kong Mandatory Provident Fund Schemes Authority published the December 2025 issue of the Mandatory Provident Fund Schemes Statistical Digest, providing quarterly statistics on the MPF System up to end-December 2025, including enrolment, accounts, asset values and investment performance. Total MPF assets were around HKD 1,550 billion at end-December 2025, up 163% over the past 10 years. Since the MPF System’s inception in 2000, MPF Equity Funds and Mixed Assets Funds, which together represented 80% of total assets, recorded average annualized net returns of 5.0% and 4.5% respectively versus an annualized inflation rate of 1.8%. The Default Investment Strategy (DIS) had 3.66 million invested accounts, close to one-third of the 11.29 million MPF accounts, with HKD 168.2 billion invested (over 10% of total assets); since the DIS launch on 1 April 2017, the Core Accumulation Fund and Age 65 Plus Fund delivered average annualized net returns of 6.9% and 2.5% respectively, compared with 1.8% annualized inflation over the same period. Tax-deductible voluntary contribution accounts totalled 91,000 (up 14% year-on-year), with cumulative contributions of HKD 14.1 billion since inception in April 2019. Total MPF contributions received in 2025 reached HKD 90.7 billion, and in the fourth quarter contributions were HKD 22.0 billion (HKD 16.4 billion mandatory and HKD 5.5 billion voluntary) while benefits paid were HKD 12.6 billion.