Mandatory Provident Fund: are Hong Kong equities a wise investment choice after last month’s rout?

News Snapshot:

n About 35 per cent of Mandatory Provident Fund’s funds are invested in Hong Kong equities n The 44 Hong Kong stock funds under the MPF scheme fell by 4 per cent on average in May, the worst among all fund categories n The 44 Hong Kong stock funds under the MPF scheme on reported an average loss of 4 per cent last month, the worst among all fund categories. Hong Kong’s three million employees covered by the city’s compulsory pension fund face a difficult choice: should they stick with their Mandatory Provident Fund (MPF) portfolio or make wholesale changes...