強積金3月份投資收益約-0.82%，2025年首季則上漲約3.22%*。3月MPF人均虧近2300元，首季人均賺約9000餘元**

*根據AQUMON MPF 綜合基金指數表現

**根據MPFA 2024年9月公布數字測算，MPF帳戶人均餘額28萬港幣

 

 

AQUMON MPF指數表現追蹤

 

首季度「東強西弱」格局明顯，但三月市場情緒轉向謹慎。四月需關注關稅政策拐點與資金流向，建議分散配置，側重亞洲資產與防禦性債券，同時嚴控風險敞口。

2025年首季度表現回顧（2024-12-31 至 2025-03-31）

 

• 首季度AQUMON MPF綜合基金指數上漲3.22%（年化13.74%），表現穩健，但細分基金差異顯著。
• 股票型基金中，大中華（+12.54%）、亞洲（+8.80%）和歐洲（+7.81%）表現突出，顯示新興市場和區域性股票的強勁動能。
• 美國股票型基金（-5.01%）和全球股票型基金（-1.11%）則表現疲弱，反映美元流動性收緊和科技股回調的壓力。
• 債券型基金（年化6.12%）表現穩定，夏普比率高達3.46，顯示低波動環境下避險需求旺盛。
• DIS型基金（-0.03%）受美股拖累。
• 大中華股票型基金的夏普比率（2.05）和卡瑪比率（9.42）最高，顯示其風險調整後收益優異。美國股票型基金的波動率（18.84%）和最大回撤（-10.31%）均為最高，風險顯著。

 

三月單月表現（2025-02-28 至 2025-03-31）

 

• 三月多數基金轉為負收益：
• 綜合指數下跌0.82%（年化-9.25%），顯示市場情緒惡化。
• 美國股票型基金（-5.88%）跌幅擴大；全球股票型基金（-3.91%）同步承壓。
• 同時，亞洲（+0.51%）和大中華（+0.68%）基金逆勢上漲，反映資金輪動至估值合理的亞洲市場。
• 債券型基金（+0.29%）維持正收益，避險屬性凸顯。
• 波動率普遍上升（如美國股票型基金波動率從18.84%升至23.76%），夏普比率轉負，顯示市場不確定性加劇。

 

 

不同類型指數基金的表現區間

 

圖表顯示了本月不同類型指數的標的基金的表現區間，讓投資者輕鬆分辨哪些類別風險較高，哪些相對穩定。百分比數字分別表示這段時間內該指數的基金出現的最低和最高回報。

例如，3月AQUMON MPF 股票型基金指數的表現範圍意味著投資這個指數的最大虧損基金為-6.75%，最大盈利基金為3.89%。這表明股票型基金在3月的表現波動較大，但整體回報潛力較高。

 

相比之下，債券型基金指數的表現範圍較為穩定，風險相對較低。投資者可以根據自己的風險承受能力和投資目標，選擇適合的基金類型。

 

 

今年以來最勁MPF基金總回報率約18%

在細分市場的基金中，近期表現突出的基金呈現出多元化的特點。

 

從首季來看，表現最為亮眼的當屬與中國及香港市場相關的基金。像中銀保誠簡易強積金計劃中的中銀保誠中證香港100指數基金，其總回報率達到17.99%，年化回報率更是高達95.60%，在眾多基金中脫穎而出。

 

同時，滙豐強積金智選計劃的恒生中國企業指數基金、恒生強積金智選計劃的恒生中國企業指數基金等相關基金也有著不錯的表現，總回報率均在17%以上，年化回報率超90%。

 

而在三月當月，表現出色的基金類型有所變化。中銀保誠簡易強積金計劃的中銀保誠日本股票基金表現強勁，總回報率為3.89%，年化回報率達到56.75%，成為佼佼者。

 

緊隨其後的是中國人壽強積金集成信託計劃的中國人壽香港股票基金、中強積金計劃的中銀保誠中國股票基金等。這一期間香港股票基金依然保持一定的優勢，如中銀保誠簡易強積金計劃的中銀保誠香港股票基金表現穩健。

 

積金局提醒計劃成員，強積金是跨越超過40年的長線投資，計劃成員應根據個人的人生階段、財務狀況、風險承受能力等因素，作出合適的投資規劃。計劃成員不應以短線投資的角度看待強積金，更不應輕易嘗試在劇烈波動時捕捉市場。

 

AQUMON MPF 指數系列的表現反映了全球市場的波動性和不同資產類別的風險與回報特性，也充分展現了AQUMON對MPF市場趨勢的精準洞察與領先的數據分析能力。憑藉強大的研究團隊與智能化的投資策略，AQUMON通過捕捉市場波動中的機遇，為投資者提供量身定制的資產配置方案。無論是風險管理還是收益優化，我們的數據驅動策略都處於行業前沿。立即諮詢，讓AQUMON以專業的研究實力與創新策略，助您實現財富穩健增長！

 

About us

AQUMON is a Hong Kong based award-winning financial technology company. Our mission is to leverage smart technology to make next-generation investment services affordable, transparent and accessible to both institutional clients and the general public. Through its proprietary algorithms and scalable, technical infrastructure, AQUMON’s automated platform empowers anyone to invest and maximize their returns. AQUMON has partnered with more than 100 financial institutions in Hong Kong and beyond, including AIA, CMB Wing Lung Bank, ChinaAMC, and Guangzhou Rural Commercial Bank. Hong Kong University of Science and Technology, the Alibaba Entrepreneurs Fund, affiliate of BOC International Holdings Limited, Zheng He Capital Management and Cyberport are among AQUMON's investors. 

 

The brand is held under Magnum Research Limited and is licensed with Type 1, 4 and 9 under the Securities and Futures Commission (SFC) of Hong Kong. AQUMON is also licensed by the U.S. Securities and Exchange Commission (SEC) and the Asset Management Association of China (AMAC).

 

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