Info Center

Press Releases

MPFA Releases the March 2026 Issue of the Mandatory Provident Fund Schemes Statistical Digest Quarterly Report

MPFA today (28 May) released the March 2026 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 March 2026, including scheme member enrolment, number of accounts, total MPF assets value and investment performance.

 

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

 

In the first quarter of 2026, the total MPF contributions received reached a quarterly record high (amounted to $24.4 billion), with mandatory contributions and voluntary contributions accounting for $17.5 billion (72%) and $6.9 billion (28%) respectively.

As at the end of March 2026, the number of tax-deductible voluntary contributions (TVC) accounts exceeded 100 000 for the first time (at 101 000), and grew by 17% year-on-year. The amount of contributions received in TVC accounts in the first quarter of 2026, at $1.5 billion, was the highest quarterly figure since the inception of TVC in April 2019.  The cumulative amount of contributions received in TVC accounts since the inception of TVC in April 2019 was $15.6 billion.

Other key findings in the March 2026 issue of the Statistical Digest are as follows:

 

  • As at the end of March 2026, total MPF assets value amounted to around $1,530 billion, increasing by 159% over the past 10 years.

 

  • Since the inception of the MPF System in 2000, MPF Equity Fund and Mixed Assets Fund, which together accounted for 80% of total MPF assets, registered average annualized net returns (net of fees and charges) of 4.8% and 4.4% respectively, outperforming the annualized inflation rate of 1.8% over the same period.

  • As at the end of March 2026, there were 3.68 million MPF accounts with investment in funds under the Default Investment Strategy (DIS) (or commonly called “funds for lazy people”), accounting for close to one-third of the total number of 11.21 million MPF accounts at the time. The total assets value invested amounted to $169.6 billion, accounting for over 10% of total MPF assets value.

  • As at the end of March 2026, 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 6.4% and 2.3% respectively, outperforming the annualized inflation rate of 1.8% for the period. 

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

 

-Ends-
28 May 2026