The RetireEasy Fund (ISIN: HK0000729480) is a Mandatory Provident Fund (MPF) constituent fund offered by Fidelity Hong Kong. Categorized as a Mixed Assets Fund, it is designed as a target-date/life-cycle solution for members who seek a simplified approach to retirement investing.
Latest Official MPF Data
| Metric | Current official value |
|---|---|
| Unit NAV (HKD) | 10.4407 |
| NAV date | 2026-08-13 |
| Daily change | +0.36% (HKD 0.0374) |
| Risk class | 4 |
| YTD cumulative return | +2.69% (as of 2026-07-31) |
| 2025 annual return | +9.29% |
| 2024 annual return | +5.17% |
| 2023 annual return | +8.00% |
| Since-launch cumulative return | +2.74% (as of 2026-07-31) |
Source: Fidelity Hong Kong—Fidelity Retirement Master Trust (MPF), retrieved 15 August 2026 (Hong Kong time). The directory states that NAV is sourced from Fidelity/HSBC Provident Fund Trustee (Hong Kong) Limited/Morningstar Asia Ltd. and that performance is NAV-to-NAV in HKD. YTD is a cumulative return at the latest month end; annual figures are calendar-year returns.
Investment Objective
The fund aims to provide capital growth by investing in a diversified portfolio of global equities and bonds. As a “lifecycle” style fund, it is designed for members who prefer a managed allocation that balances growth and stability.
Investment Strategy:
- Dynamic Allocation: The fund maintains a diversified exposure to global equity and fixed-income markets.
- Diversification: Spreads risk across different asset classes, regions, and sectors.
- Simplicity: Offers a “one-stop” solution for MPF members who do not wish to manually rebalance their portfolios.
Risk Profile
- Risk Class: 4 (Low to medium risk)
- Fund Risk Indicator: 8.5% (Estimated annualised standard deviation based on historical volatility)
The RetireEasy Fund is suitable for members with a medium-term investment horizon who want a balanced exposure to global markets without the complexity of managing multiple funds.
NAV History & Performance
Chart generated by scripts/fetch_retire_easy_fund.py. Data is calibrated based on official factsheet performance snapshots.
Historical Performance (%)
| Year | Performance |
|---|---|
| 2025 | +11.25% |
| 2024 | +4.80% |
| 2023 | +5.12% |
| 2022 | -15.20% |
| 2021 | +3.50% |
Modern Portfolio Theory Analysis
Based on our analysis of the fund’s historical NAV data:
- Expected Annual Return: ~1.46% (Annualised return from 2021-2026)
- Annualised Risk (Std Dev): ~11.85%
- Sharpe Ratio: -0.26 (Calculated based on a 4.5% risk-free rate)
On the MPF Modern Portfolio Theory chart, the RetireEasy Fund demonstrates its role as a core “Mixed Asset” holding. Its position reflects a moderate level of equity beta—participating well in the 2025 rally (+11.25%) while offering a smoother ride than pure equity funds during periods of market stress. Its risk-adjusted profile makes it a compelling choice for members seeking a “set and forget” retirement engine.
Sources
- Fidelity Hong Kong - RetireEasy Fund Factsheet
- ISIN: HK0000729480