Morningstar Best MPF Scheme Award Methodology 2019 – Hong Kong | Morningstar |
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| Organizer | Morningstar |
| Date Awarded |
5 Mar 2019 8:00am HKT
(almost 6 years ago)
In your time zone: Mar 4 7pm EST |
| Region | APAC |
Details
The Morningstar Best MPF Scheme Award recognizes the MPF (mandatory provident fund) scheme which excels across the key qualitative and quantitative factors which we believe are important when selecting a retirement scheme. Our preferred schemes are those which deliver strong average risk-adjusted performance across its offerings, offer competitive fees, and have a keen consideration for product diversity, transparency and disclosure, and investor experience.
Only MPF schemes that are available to all individual employees are considered for this award. In addition, funds in the following categories are excluded from our assessment:
• Guaranteed Funds
• HKD Money Market
• Money Market Other
• Other Bond
• Other Equity
• Target Date
Furthermore, we only consider categories with at least five distinct portfolios to ensure that we are making robust comparisons.
The award is annual, so we believe it is appropriate to emphasise the one-year average performance of funds within each scheme. However, as a long-term investment vehicle, we believe it is important for funds to have also delivered strong three- and five-year returns. Hence, only funds with at least five years of track record are considered in our award assessment