FTSE MPF Indices

Launched in 2001 in collaboration with Willis Towers Watson (WTW) and the Hong Kong Investment Funds Association (HKIFA), the FTSE MPF Index Series is designed to comply with the regulatory requirements governing investments in equity securities as stipulated by the MPF Scheme.

The FTSE MPF Index Series is contructed based on the FTSE All-World Index Series. The series provides a range of country and regional indices tailored for use by the Hong Kong market participants, while accounting for dividend withholding tax rates, currency hedging requirement, and investment restrictions specific to the MPF funds.

Further information: FTSE MPF Index Series Ground Rules

The FTSE MPF Fixed Income Index Series is designed to comply with the regulatory requirements governing investments in debt securities as stipulated by the MPF Scheme. 

The Index Series comprises of:
FTSE MPF World Government Bond Index
The Index is based on the FTSE World Government Bond Index (WGBI) that measures the performance of fixed-rate, local currency, investment-grade sovereign bonds.

FTSE MPF WorldBIG Corporate Bond Index
The Index is based on the corporate subset of the FTSE World Broad Investment-Grade Bond Index (WorldBIG®), which provides a broad-based measure of the global fixed income credit markets.

Further information: FTSE MPF Fixed Income Index Series Ground Rules

The FTSE MPF ESG Low Carbon Select Index Series is an extension of the FTSE MPF Index Series. It is designed to reflect the performance of stocks taking into account a specific set of ESG and climate change data.

Further information: FTSE MPF ESG Low Carbon Select Index Series Ground Rules

FTSE Russell is currently the benchmark administrator for the FTSE MPF Reference Portfolios, which are recognised by the Mandatory Provident Fund Schemes Authority (MPFA). The Reference Portfolios are developed collaboratively by the MPF industry, asset managers, a consultant, and FTSE Russell, to assess the performance of the Core Accumulation Fund and the Age 65 Plus Fund under the Default Investment Strategy (DIS) of the MPF Scheme.

The composition of the Reference Portfolios is constructed using the FTSE MPF All-World Index, the FTSE MPF World Government Bond Index, and the MPF Prescribed Saving Rate. 

Further information: FTSE MPF Reference Portfolios Ground Rules