The Hong Kong Mandatory Provident Fund Schemes Authority released the September 2025 issue of its Mandatory Provident Fund Schemes Statistical Digest, a quarterly report summarising key data on MPF membership and accounts, total assets and investment performance up to end-September 2025. Total MPF assets were around HKD 1,530 billion at end-September 2025, up 173% over 10 years. Since the MPF system’s inception in 2000, MPF equity funds and mixed assets funds (together nearly 80% of total MPF assets) recorded average annualised net returns of 5.1% and 4.5% respectively, compared with an annualised inflation rate of 1.8% over the same period. Default Investment Strategy assets totalled HKD 160.9 billion across 3.62 million accounts (close to one-third of 11.32 million MPF accounts), and since the DIS launched on 1 April 2017 the Core Accumulation Fund and Age 65 Plus Fund delivered average annualised net returns of 6.8% and 2.5% respectively versus 1.8% inflation. Tax-deductible Voluntary Contributions accounts reached 89,000 (up 14% year on year) with cumulative contributions of HKD 13.7 billion since April 2019, while third-quarter 2025 contributions totalled HKD 22.4 billion (HKD 16.9 billion mandatory and HKD 5.5 billion voluntary) and benefits paid were HKD 14.1 billion.