GUM: The Comprehensive Index of Mandatory Provident Fund (MPF) reported 269.9 points with a monthly return of 1.1%. The average income in July was HK$3,161 per person.
According to the latest data from the Mandatory Provident Fund (MPF) consultant GUM, as of July 18th, the GUM MPF comprehensive index reported 269.9 points, with a monthly return of 1.1% and a cumulative increase of 10.0% since the beginning of the year.
According to the latest data from Trillions of MPF consultant GUM, as of July 18, the GUM Trillions of MPF Composite Index was reported at 269.9 points, with a monthly return of 1.1% and a cumulative increase of 10.0% since the beginning of the year. In terms of average returns, July recorded HK$3161, with a cumulative return of HK$27,373 since the beginning of the year, reflecting a continued improvement in the overall market sentiment.
In July, the Hong Kong Trillions of MPF market showed stable and positive performance, with equity funds continuing to lead the way, especially in the Greater China and Hong Kong markets. Mixed asset funds recorded steady growth, with a particularly good performance in high equity allocation. Fixed income funds remained stable, but their attractiveness relative to the stock market weakened in the face of its strong performance. As a long-term investment tool, Trillions of MPF advises members to regularly review their investment portfolios, as steady allocation and long-term holding are the keys to success based on their risk tolerance levels.
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