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The MPFA today (4 September) released the June 2025 issue of the Mandatory Provident Fund Schemes Statistical Digest (Statistical Digest), a quarterly report which covers key statistical data of the MPF System up to the end of June 2025, including scheme member enrolment, number of accounts, total MPF assets value and investment performance.

The Statistical Digest aims to enhance information transparency of the MPF by showing the general situation and progress of the MPF System in different areas.

Key findings in the June 2025 issue of the Statistical Digest are as follows:

• As at the end of June 2025, total MPF assets value surpassed $1.4 trillion (amounted to around $1,430 billion), increasing by 131% over the past 10 years. 

• Since the inception of the MPF System in 2000, MPF equity funds and mixed assets funds, which together accounted for nearly 80% of total MPF assets value, registered on average annualized net returns of 4.7% and 4.3% respectively, exceeding the annualized inflation rate of 1.8% for the same period. 

• As at the end of June 2025, there were 3.57 million MPF accounts with investment in the default investment strategy (DIS) funds (or commonly called funds for lazy people), accounting for more than 30% of the total number of 11.31 million MPF accounts at the time. The total assets invested amounted to $150.8 billion, accounting for over 10% of total MPF assets value.

• As at the end of June 2025, the average annualized net returns since the launch of the DIS on 1 April 2017 of the Core Accumulation Fund and Age 65 Plus Fund were 6.5% and 2.4% respectively, higher than the 1.7% annualized inflation rate recorded in the same period. 

• As at the end of June 2025, the number of tax-deductible voluntary contributions (TVC) accounts was 88 000, reflecting a year-on-year growth of 14%. The cumulative amount of contributions received in such accounts since inception of TVC in April 2019 was $13.4 billion.

• In the second quarter of 2025, the total MPF contributions received amounted to $22.5 billion, with mandatory contributions and voluntary contributions accounted for $16.8 billion (75%) and $5.7 billion (25%) respectively. The MPF benefits paid amounted to $12.3 billion.

_{* “Highest” and “Lowest” refer to the highest and lowest annualized net return among individual funds in each fund type during the relevant period respectively.}

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4 September 2025