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GUM: MPF Returns Hit YTD High in May w/ Avg. Gain Per Member at HKD9,683
MPF consultancy GUM announced that the MPF market delivered a strong performance in May, led by equity funds, which helped push average account returns to a new high for the year.A...
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GUM: MPF Returns Hit YTD High in May w/ Avg. Gain Per Member at HKD9,683
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MPF consultancy GUM announced that the MPF market delivered a strong performance in May, led by equity funds, which helped push average account returns to a new high for the year.

As of May 16, the average MPF account recorded a gain of HKD9,683 in May, bringing the cumulative YTD return to HKD15,301, reflecting a continued improvement in overall market sentiment since the US and China announced a temporary 90-day major tariff reduction, with a particular boost coming from the robust performance of the stock market.

In addition, the GUM MPF Composite Index rose to 259 points, delivering a monthly return of 3.5% and a YTD return of 5.6%.

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