An Equity Fund seeks a higher rate of return through capital appreciation of stocks (or shares), traded mainly on approved stock exchanges. The risks of an Equity Fund are generally higher than those of other types of funds. Returns may be affected by factors such as the volatility of stock markets and fluctuations in exchange rates. If the fund invests in stocks denominated in a foreign currency, the depreciation of that foreign currency may also lead to a drop in the price of the fund.
Equity Funds are frequently described in terms of geographical allocation: those investing in a single market (e.g. Hong Kong Equity Fund), regional markets (e.g. Asia Fund) or global markets.
for an overview of the different types of MPF funds or learn more about the five major types of MPF funds with a visit to the MPF Investment Education Website