At Morningstar, we continually strive to develop new tools and products to help investors make informed investment decisions. So at the beginning of 2013, we launched the re-classification of the Mandatory Provident Fund (MPF) universe to allow investors to better compare their investment options within relevant peer groups.
The Morningstar Categories are regularly reviewed and updated to ensure that our categorization system meets the needs of investors and keeps pace with market developments. As such, we have introduced three new categories for the Hong Kong Mandatory Provident Funds universe at our 30 April 2020 review. We have added three new categories, namely Asia Bond, China Bond, and Moderately Aggressive Allocation, as well as redefined some of the existing allocation categories. Please note that the constituent funds of each category may have changed as a result of the updated category definitions.
Please find the latest version (as of April 2020) of Morningstar MPF Category Definitions.
