The Mandatory Provident Fund Schemes Authority (MPFA) announced that since the implementation of the Mandatory Provident Fund (MPF) system, equity funds and mixed asset funds, which together account for 80% of total MPF assets, recorded average annualized net returns of 4.8% and 4.4% respectively, outperforming the annualized inflation rate of 1.8% over the same period.As for the "Default Investment Strategy" (DIS), commonly known as the "lazy fund", its Core Accumulation Fund has achieved an average annualized net return of 6.4% since its launch in 2017, also outperforming the annualized inflation rate of 1.8% during the period. (ha/da)
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