Hong Kong considers allowing MPF to invest in gold ETFs
According to the Sing Tao Daily, the chairman of the Hong Kong Mandatory Provident Fund (MPF) Authority, Liu Mai Jiaxuan, stated that a review of the MPF's investment in Real Estate Investment Trusts (REITs) has been completed. This year, the MPF will continue to examine the scope of investable assets to include more diverse investment products. Currently, MPF funds can invest in exchange-traded funds (ETFs) approved by the MPF Authority.
She further indicated that, with the development of the market, the next step is to explore the direction of MPF investments in gold ETFs. Additionally, the MPF Authority will complete a comprehensive review of the Default Investment Strategy (DIS) and formulate improvement recommendations by the end of 2026 to meet the needs of plan members.
-- Price
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