October's market selloff hit stocks and bonds hard, resulting in a 2.26% loss in my MPF portfolio. This loss, however, was less severe than the overall market decline. Year-to-date, my MPF Portfolio remains up 14.29%. Read the full analysis and the reasons for my choice of an MPF scheme.

Chinese equities experienced a sharp selloff in October, following a brief rally in late September. My Manulife MPF portfolio ("my MPF Portfolio") closed the month with a net asset value of HK$837,046, a 2.26% decrease from HK$856,439 at the beginning of October (Fig. 1). The MPF Ratings All Fund Performance index, however, dropped by a larger extent, down 2.85%¹.