Homo Sapiens's MPF Outperforms Market Amid October’s Downturn

Anthony Tran • Posted 2 months ago

An ordinary person of humble background. In my youth I ventured into the sports journalism field, later navigating the fund industry, wielding the pen for investment, and eventually took on a role at a securities firm focused on research and strategy. Though I hold the Chartered Financial Analyst (CFA) designation, studied cognitive science at university, and trained independently in the art of triathlon, all these are but fleeting pursuits.

Homo Sapiens's MPF Outperforms Market Amid October’s Downturn

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.

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