Top 10 MPFs in October

Last month favored risky assets.

Kate Lin, CAIA 10 November, 2021 | 15:42
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Rising inflationary pressures, and a more hawkish stance of global central banks, did not deter equity outperformance in October.

Last month, the MPF scheme generated a 1.72% return. Risky assets continue to outperform, with S&P 500 returning 6.9%. MPFs in the US equity category were in line with the benchmark, posting a 6.2% gain during the month. Global and Europe equities also did well, ranking the second and the third places with a 5.0% and 3.9% return, respectively. These categories are also the leaders so far this year, with double digit returns.

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About Author

Kate Lin, CAIA

Kate Lin, CAIA  is a Data Journalist for Morningstar Asia, and is based in Hong Kong

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