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The MPF lost more than $8000 per capita in September! That is, the worst case 6 of the side seed fund can be withdrawn early

2021-10-15T10:03:34.266Z


Monthly MPF return per capita ▼▼▼The latest data from the MPF consulting firm Junlong Group pointed out that the average monthly loss of MPF per person in September was 8031 ​​yuan; from the beginning of 2021 to the present, it lost 996 yuan. As for which fund has the worst performance, the following chart


Monthly MPF return per capita▼▼▼

According to the latest data from the MPF consulting firm Junlong Group, the MPF will lose an average of 8031 ​​yuan per person in September; it will lose 996 yuan from the beginning of 2021 to the present.

As for which fund has the worst performance, you know one by one in the following chart ▼▼▼

MPF Investment Return in 2020▼▼▼

In addition, as of the end of December 2020, the total asset value of the MPF is about 1.140 billion yuan. After deducting fees and charges, it has recorded a net investment return of about 410 billion yuan. The annual net return in 2020 is 11.7%; and since the system was in 2000 The annualized return since implementation has been 4.8%, an increase of 0.7 percentage points from 2019 and also higher than the inflation rate of 1.8% over the same period.

Early withdrawal of MPF?

According to the MPFA, the accrued benefits can be withdrawn before the age of 65 if there are the following 6 situations, including:

+12

The per capita accrued equity exceeds 240,000 yuan?

Workers have been contributing to the MPF for decades. Can the MPF return really meet their retirement needs?

The Financial Services and the Treasury Bureau pointed out that as of November 30, 2020, about 4,459,000 people participated in the MPF scheme. The average accrued benefit amount was 246,000 yuan. In terms of overall investment return, it was established from December 2000 to In November 2020, after deducting fees and expenses, the MPF returned 4.5% annually, which was higher than the 1.8% inflation rate over the same period.

Source: hk1

All news articles on 2021-10-15

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