Hong Kong MPF Market Summary September 2007
From: Lipper
• Equity funds (+8.77%) on average outperformed all other types of funds in September 2007.
• Among equity funds, Equity China (+15.89%), Equity Hong Kong (+14.37%), and Equity Korea (+12.15%) on average delivered the highest returns.
• All bond funds delivered positive returns in September.
• Mixed-asset funds (+5.17%) on average reported gains in September, with those adopting an aggressive portfolio configuration (+6.70%) delivering better returns than others.
• The 3Q2007 corporate earnings reporting season, which will begin in October, will determine the tone of the global financial markets in the near term.
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Copyright Fund China 2009.
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