Dollar cost averaging with MPF
With dollar cost averaging, investors invest a fixed amount regularly, regardless of the unit prices. MPF scheme members apply dollar cost averaging by purchasing MPF funds regularly at market prices with their monthly fixed contributions.
Benefits of dollar cost averaging
Note: Although dollar cost averaging can mitigate the impact of short-term market fluctuations on fund prices over time, it does not guarantee any gains. Any gains will be determined by the market price at the time you sell the fund.