MPF Investment

Investment Operation

MPF contributions and investment flow

Step 1: Making contributions

 

  • Regular employees: both employers and employees are required to make contributions, which are paid to the trustees by the employers via the eMPF Platform
  • Self-employed persons: contributions are directly paid to the trustees via the eMPF Platform

Step 2: Collection, verification and allocation of contributions to scheme members' accounts through the eMPF Platform

Step 3: MPF fund investment
  • Trustees subscribe fund units according to scheme members’ investment choices#
  • Investment managers make investments for funds according to the investment strategies and objectives set out in the MPF Scheme Brochure
  • Custodians (delegated by trustees and independent of investment managers) are responsible for safekeeping of fund assets

＃Currently, MPF funds are traded on a daily basis. The cut-off time for scheme member to submit investment instructions (i.e. change of investment mandate or fund switching/rebalancing) to the eMPF Platform is 4:00 pm on each working day (Monday to Friday, except Saturday, Sunday and public holidays)**. If your instruction is received by the eMPF Platform at or after the cut-off time on a working day or at any time on a non-working day, it will be deemed to have been received on the next working day.

 

** For the New Severe Weather Trading Arrangements, please visit https://www.empf.org.hk/latestNews/news/new-severe-weather-trading-arrangement?parent=/latestNews/whatsNew 

Step 4: Scheme members’ MPF accounts

  • The eMPF Platform allocates fund units subscribed to individual employees’ accounts
  • Scheme members accumulate fund units through regular contributions
  • Scheme members can check their MPF account status, and change investment allocations or switch MPF funds via the eMPF Platform
  • Scheme members receive fund fact sheets and annual benefit statements regularly. These documents show the latest fund information and the investments of the scheme members’ accounts during the previous financial year

 

Role of MPFA  

As the regulatory body, MPFA is responsible for:


  • regulating and supervising the operation of MPF schemes
  • monitoring trustees on an on-going basis
  • recovering default contributions and surcharges from defaulting employers, including initiating criminal prosecution, in order to protect the interests of scheme members