The research institution for Hong Kong's Mandatory Provident Fund stated that as of May 20th, the MPF recorded an investment growth of 1.11% in May, equivalent to an investment return of HK$18.2 billion in absolute terms, or HK$3,799 per member. Taking contributions into account, based on the current investment performance, the total assets of the MPF are expected to reach a historical high of approximately HK$1.656 trillion by the end of May, an increase of HK$21.2 billion compared to the end of April. This translates to an average account balance per member of HK$345,400, an increase of HK$4,424 from the end of April. Japanese stocks and other Asian stocks have outperformed other asset classes in May and year-to-date performance. Overall, the Asian stock sector has benefited from the continued interest in technology stocks in China, Taiwan, and South Korea. The Chairman of the research institution for Hong Kong's Mandatory Provident Fund, Trump, mentioned that the MPF is expected to end May with positive returns. If true, this would mean that the MPF has recorded positive returns in 4 out of the first 5 months of the year. While this seems impressive, historical data tells a different story. Out of the past 5 occurrences of this trend, positive returns were only achieved for the full year twice. In the current environment of economic and geopolitical uncertainty, members should not become complacent. Trump pointed out that inflation and bond yields are rising, while oil prices remain near historical highs. History has shown that these are potential warning signals. These risks may not be within the control of individual MPF members, but members can manage them by focusing on diversification and long-term investments, as well as utilizing the low-cost preset investment strategy funds specified by the MPFA. The preset investment strategy funds remain a quality option for MPF members to consider.