Find Fees and Charges of your MPF Fund Here!
 
If you want to know more about fees and charges of MPF funds, this platform can help! Please click on the Help button (above right) to find out more about how to use this platform.
 
 
 
 
 
 
     
 
     

Many people may find it hard to understand information about fees and charges and, in particular, have difficulty in comparing information across different funds and schemes. The purpose of this platform is to help you compare information about fees and charges across different schemes and funds. Some other information not relating to fees and charges has also been included to help you put the fees and charges into context. For more information on how this platform can help you, click here.

Key Things to Note About Using This Platform

  • The information provided in this platform is for general reference only, to help you make comparisons across different MPF constituent funds and schemes. The information contained on this platform should not be treated as a substitute for the source information from the trustee or sponsor of the relevant scheme. The information provided is based on data provided by the approved trustee of each scheme. The Mandatory Provident Fund Schemes Authority (MPFA) does not warrant or guarantee the accuracy of the information and shall not be held liable for any errors or omissions in or any reliance placed upon any of the information.

  • Some pieces of information, such as Fund Expense Ratio and On-going Cost Illustration, are historical in that they are based on data from the previous financial period. The figures will not reflect any increases or decreases in fees, charges or expenses in the current financial period. There will also be some time lag between changes in data and its inclusion in this platform. Users should therefore check information against the most recent information available from the trustee or sponsor of any scheme being considered before any final investment decisions are made.

  • The information provided may be re-disseminated or reproduced, provided that the MPFA, as the source of information, is acknowledged and that the re-dissemination or reproduction is for non-commercial use. Any reproduction, adaptation, distribution, dissemination or making available of the information for commercial use must obtain prior written consent from the MPFA.

  • The information is provided for reference only and shall not be construed as a distribution, an offer to sell, a solicitation of an offer or a recommendation by the MPFA of any particular MPF constituent fund.

How This Platform Can Help You

As a member of an MPF scheme, there are a number of decisions that you may need to make about your MPF investments. The factors that you should consider when making those decisions will vary depending on the decision that you are making. When you are making decisions across different funds or schemes, factors such as the range of services you are getting, the risk (and likely return) attributes of funds and how they fit with your personal needs will generally be important. Fees and charges are also important.

The basic information about fees and charges is set out in the Fee Table of the relevant MPF scheme. This information is summarized under "Fees of all MPF Funds, Details, More, View Details" on this platform.

Because it is not easy to compare the basic information from the Fee Tables, we have developed a few tools that will help you better compare fees and charges across funds and schemes. The first tool, which you will find at various places on the platform, is the "Fund Expense Ratio", or "FER". It indicates the total amount of expenses charged by an MPF fund as a percentage of fund size. Fees and charges are the predominant components of fund expenses.

Another tool you will find on this platform is the "On-going Cost Illustration", or "OCI". This illustrates the impact of fees and charges on your investments over periods of 1, 3 and 5 years.

In order to understand or compare fees and charges in context, you may need to understand more about the different types of MPF funds.

Different MPF funds have different characteristics and risks and are classified into 6 main Fund Types. You can use the platform to search by different fund types. The risk level of an MPF fund is measured by the Fund Risk Indicator. It indicates the volatility of the performance of a fund. You will also be able to find the Fund Risk Indicator for each fund on the platform.

Past performance information may not be a reliable guide to future performance. However, if you want to find past performance information for reference purposes, you can click the Fees of all MPF Funds (green button), or refer to the fund fact sheet of a scheme, a copy of which can also be accessed on this platform.