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GUM: MPF Members Avg. Loss $190 in Jan
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In January, the performance of US Equity Funds in the MPF market showed mixed results, MPF consultant GUM said. Overall, MPF members experienced an average loss of $190 in January.

As of 17 January, US Equity Funds performed strongly, recording a return of 2.2%, continuing the upward trend seen in US stocks over the past year. Conversely, Hong Kong Equity Fund faced pressure, with a return of -2.5%.

In the Mixed Asset Fund category, Mixed Asset Fund (80-100% Equity) posted a return of -0.4%, while Mixed Asset Fund (60-80% Equity) recorded a return of -0.3%.
AAStocks Financial News