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MPF: how to boost returns?

  1. #31

    Join Date
    Feb 2011
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    250
    Quote Originally Posted by vyral_143
    Well, Thanks to this thread I have looked in to fees and fund expense ratio of Manulife. Buggers are charging 1.6% for 6 equity funds and 1.9% for 2 equity funds out of total 9 equity funds available to select from. Their average fund expense ratio is 2% for equity funds, while returns are not that great. Since Core Accumulation fund under DIS is less than 2 years old, they are getting away without publishing data on fund expense ratio.
    What are you going to do?

  2. #32

    Join Date
    Jan 2017
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    218
    Quote Originally Posted by periphery831
    What are you going to do?
    Will do the maths over weekend.
    periphery831 likes this.

  3. #33
    bdw
    bdw is online now

    Join Date
    Feb 2009
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    4,966
    Quote Originally Posted by periphery831
    Is the 1% benefit of these lower fee funds actually going to make you more money in the long run?

    Isn't it possible the higher fee funds will make you more money long term?
    That is a good question that I also asked myself before switching yesterday. But have a look at the AIA performance chart I posted on post #8. The newer funds with the lower fees of 0.75-0.79% are at the top and have performed like this over the last 3 years:
    - Hong Kong and China fund: 59.77%
    - American Fund: 48.33%
    - Eurasia Fund: 31.79%
    - World fund: 42.34%

    Compare this to the older funds at the bottom that I selected 10 years ago and have higher fees of 1.3%. Their performance over last 3 years:
    - Asian Equity Fund: 39.65%
    - European Equity Fund: 22.13%
    - Greater China Equity Fund: 44.04%
    - Growth Portfolio: 34.97%
    - Fidelity Growth Fund: 34.65%

    Conclusion: A mixed bag, but overall I think a clear trend that these new low fee options perform better than the higher fee options.
    periphery831 and Elegiaque like this.

  4. #34

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    Feb 2011
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    Quote Originally Posted by vyral_143
    Will do the maths over weekend.
    Let me know what you decide, I'm in the same position as you.

    I have all my MPF in a Manulife account.

    I currently have mine in these funds with zero idea what I'm doing.

    Manulife MPF Healthcare Fund 37%
    Manulife MPF Hang Seng Index Tracking Fund 33%
    Manulife MPF North American Equity Fund 30%

  5. #35

    Join Date
    Feb 2019
    Posts
    36

    Our Manulife MPF rep tried to get us into that healthcare fund as well.

    "Lots of people are getting older so healthcare companies will make lots of money going forwards!"

    Then she gave us a chat about how to best time the market

    Love the MPF.

    periphery831 likes this.

  6. #36

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    Oct 2012
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    I'm in the same, much poorer, boat. Except all my money is spread across 6 MPF accounts.


  7. #37

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    Feb 2011
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    Quote Originally Posted by Elegiaque
    I'm in the same, much poorer, boat. Except all my money is spread across 6 MPF accounts.
    Consolidate?

  8. #38

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    Quote Originally Posted by periphery831
    Let me know what you decide, I'm in the same position as you.

    I have all my MPF in a Manulife account.

    I currently have mine in these funds with zero idea what I'm doing.

    Manulife MPF Healthcare Fund 37%
    Manulife MPF Hang Seng Index Tracking Fund 33%
    Manulife MPF North American Equity Fund 30%
    Other than the Manulife charges, I see nothing spectacularly wrong with that ratio, if you're able to withstand some losses. A small part of the portfolio should be dedicated to some growth industry holdings.

    (I'm not convinced health care is a enough of a growth industry by itself.. but thats another tangent - and very very specific to what is in Manulife's portfolio. If they hold some AI and tech shares as a part of health care then I'd be more convinced of it).

    (I also suspect that the health care fund has a very high charge and perhaps thats why the sales people are promoting it and might be inappropriately incentivised to pitch that fund... but again, that is a Manulife issue.)
    periphery831 likes this.
    Have a GeoExpat related problem - please create a support ticket.

  9. #39

    Join Date
    May 2006
    Posts
    5,163
    Quote Originally Posted by Elegiaque
    I'm in the same, much poorer, boat. Except all my money is spread across 6 MPF accounts.
    As @periphery831 mentioned, you can consolidate all your accounts into one. It's quite easy. You fill in only one form with all your accounts and each provider will be notified.

  10. #40

    Join Date
    Aug 2006
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    6,111
    Quote Originally Posted by civil_servant
    As @periphery831 mentioned, you can consolidate all your accounts into one. It's quite easy. You fill in only one form with all your accounts and each provider will be notified.
    Not if you have more than one current employer.

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