Fund Information
                                                               
                                                               

                                                              Investment Information Disclaimer

                                                              Some of the information contained herein including any expression of opinion or forecast has been obtained from or is based on sources believed by us to be reliable, but is not guaranteed and we do not warrant the adequacy, accuracy, reliability or completeness of such information obtained from or based on external sources. The information is given on the understanding that independent investment advice should be sought when making investment decisions; that it will not be relied on in the making of investment decision and that any person who acts upon it or otherwise changes his or her position in reliance thereon does so entirely at his or her own risk. This is not an offer to buy or sell or a solicitation or incitement of offer to buy or sell any securities referred to herein, save for BCT (MPF) Pro Choice, BCT (MPF) Industry Choice, BCT Premier Pooled ORSO Retirement Plan and their underlying constituent funds. It should also be appreciated that under certain circumstances the redemption of units/shares may be suspended. Investment involves, in particular, risks associated with investment in emerging and less developed markets. Please refer to the relevant prospectus for details. Past performance is not indicative of future performance.

                                                              Information contains on this webpage is for reference only. The views and opinions as expressed therein may vary as the market changes.


                                                              Fund Range

                                                              Our MPF Investment Schemes

                                                              We offer two different MPF schemes: BCT (MPF) Pro Choice, a master trust scheme and BCT (MPF) Industry Choice, an industry scheme to cater to different employees in Hong Kong.

                                                              Our master trust scheme is aimed towards the general working population while our industry scheme is designed for those working in the catering and construction industries. We strive to be the provider of choice, so our MPF constituent funds available under the 2 MPF schemes are managed by seven independent global investment managers which are selected based on stringent criteria and our members’ interests in mind.

                                                              Name of Constituent FundInvestment Manager
                                                              Equity Funds  
                                                              BCT (Pro) China and Hong Kong Equity Fund Amundi Hong Kong Limited
                                                              BCT (Pro) Asian Equity Fund Amundi Hong Kong Limited
                                                              BCT (Pro) European Equity Fund Amundi Hong Kong Limited
                                                              BCT (Pro) Global Equity Fund Amundi Hong Kong Limited
                                                              Equity Funds – Market Tracking Series  
                                                              BCT (Pro) Hang Seng Index Tracking Fund Invesco Hong Kong Limited
                                                              BCT (Pro) U.S. Equity Fund Amundi Hong Kong Limited
                                                              BCT (Pro) Greater China Equity Fund CSOP Asset Management Limited
                                                              BCT (Pro) World Equity Fund Amundi Hong Kong Limited
                                                              Target Date Mixed Asset Funds  
                                                              BCT (Pro) SaveEasy 2050 Fund FIL Investment Management (Hong Kong) Limited
                                                              BCT (Pro) SaveEasy 2045 Fund FIL Investment Management (Hong Kong) Limited
                                                              BCT (Pro) SaveEasy 2040 Fund FIL Investment Management (Hong Kong) Limited
                                                              BCT (Pro) SaveEasy 2035 Fund FIL Investment Management (Hong Kong) Limited
                                                              BCT (Pro) SaveEasy 2030 Fund FIL Investment Management (Hong Kong) Limited
                                                              BCT (Pro) SaveEasy 2025 Fund FIL Investment Management (Hong Kong) Limited
                                                              BCT (Pro) SaveEasy 2020 Fund FIL Investment Management (Hong Kong) Limited
                                                              Mixed Asset Funds  
                                                              BCT (Pro) E90 Mixed Asset Fund Amundi Hong Kong Limited
                                                              BCT (Pro) E70 Mixed Asset Fund Amundi Hong Kong Limited
                                                              BCT (Pro) E50 Mixed Asset Fund Amundi Hong Kong Limited
                                                              BCT (Pro) E30 Mixed Asset Fund Amundi Hong Kong Limited
                                                              BCT (Pro) Flexi Mixed Asset Fund Allianz Global Investors Asia Pacific Limited
                                                              BCT (Pro) Core Accumulation Fund* Invesco Hong Kong Limited
                                                              BCT (Pro) Age 65 Plus Fund* Invesco Hong Kong Limited
                                                              BCT (Pro) Asian Income Retirement Fund Taikang Asset Management (Hong Kong) Company Limited
                                                              Bond / Money Market Funds  
                                                              BCT (Pro) RMB Bond Fund Invesco Hong Kong Limited
                                                              BCT (Pro) Global Bond Fund Amundi Hong Kong Limited
                                                              BCT (Pro) Hong Kong Dollar Bond Fund JPMorgan Funds (Asia) Limited
                                                              BCT (Pro) MPF Conservative Fund Invesco Hong Kong Limited
                                                              * DIS Funds

                                                              Management Fees

                                                              Name of Constituent FundManagement Fees1
                                                              (% per annum of net asset value)
                                                              Equity Funds
                                                              BCT (Pro) China and Hong Kong Equity Fund 1.43%
                                                              BCT (Pro) Asian Equity Fund 1.50%
                                                              BCT (Pro) European Equity Fund 1.50%
                                                              BCT (Pro) Global Equity Fund 1.44%
                                                              Equity Funds – Market Tracking Series
                                                              BCT (Pro) Hang Seng Index Tracking Fund 0.73% - 0.79%2
                                                              BCT (Pro) U.S. Equity Fund up to 0.99%
                                                              BCT (Pro) Greater China Equity Fund up to 0.99%
                                                              BCT (Pro) World Equity Fund up to 0.99%
                                                              Target Date Mixed Asset Funds
                                                              BCT (Pro) SaveEasy 2050 Fund up to 1.45%3
                                                              BCT (Pro) SaveEasy 2045 Fund up to 1.45%3
                                                              BCT (Pro) SaveEasy 2040 Fund up to 1.45%3
                                                              BCT (Pro) SaveEasy 2035 Fund up to 1.45%3
                                                              BCT (Pro) SaveEasy 2030 Fund up to 1.45%3
                                                              BCT (Pro) SaveEasy 2025 Fund up to 1.20%3
                                                              BCT (Pro) SaveEasy 2020 Fund up to 1.20%3
                                                              Mixed Asset Funds
                                                              BCT (Pro) E90 Mixed Asset Fund 1.44%
                                                              BCT (Pro) E70 Mixed Asset Fund 1.44%
                                                              BCT (Pro) E50 Mixed Asset Fund 1.44%
                                                              BCT (Pro) E30 Mixed Asset Fund 1.44%
                                                              BCT (Pro) Flexi Mixed Asset Fund Up to 1.32%
                                                              BCT (Pro) Core Accumulation Fund* 0.75%
                                                              BCT (Pro) Age 65 Plus Fund* 0.75%
                                                              BCT (Pro) Asian Income Retirement Fund#^ Up to 1.288%
                                                              Bond / Money Market Funds
                                                              BCT (Pro) RMB Bond Fund 1.175%
                                                              BCT (Pro) Global Bond Fund 1.40%
                                                              BCT (Pro) Hong Kong Dollar Bond Fund 0.9995%
                                                              BCT (Pro) MPF Conservative Fund 0.88%
                                                              * DIS Funds
                                                              1 "Management fees" include trustee, custodian, administrator, investment manager and sponsor of a scheme for providing their services to the relevant funds. They are usually charged as a percentage of the net asset value of a fund. In the case of the Core Accumulation Fund and the Age 65 Plus Fund, management fees payable to the parties named above, or their delegates, can only (subject to certain exceptions in the Mandatory Provident Fund Schemes Ordinance) be charged as a percentage of the net asset value of the DIS Fund. These management fees are also subject to a statutory daily limit equivalent to 0.75% per annum of the net asset value of the DIS Fund which applies across both the DIS Fund and its underlying funds.
                                                              2 A fixed investment management fee of up to HK$75,000 per month is charged and paid out of the assets of the BCT (Pro) Hang Seng Index Tracking Fund. The fee is payable on a monthly basis and accrues daily pro-rata to the number of days in a month. The fee is payable to Invesco as the investment manager of the BCT (Pro) Hang Seng Index Tracking Fund for its investment management services including, but not limited to, investing all member and employer contributions to the BCT (Pro) Hang Seng Index Tracking Fund according to the applicable investment guidelines, and the acquisition and disposal of units in the underlying ITCIS.
                                                              3 The fee shall be reduced to 1.20% five years prior to reaching the beginning (i.e. 1 January) of the applicable target year.

                                                              Our MPF Investment Schemes

                                                              We offer two different MPF schemes: BCT (MPF) Pro Choice, a master trust scheme and BCT (MPF) Industry Choice, an industry scheme to cater to different employees in Hong Kong.

                                                              Our master trust scheme is aimed towards the general working population while our industry scheme is designed for those working in the catering and construction industries. We strive to be the provider of choice, so our MPF constituent funds available under the 2 MPF schemes are managed by seven independent global investment managers which are carefully selected based on stringent criteria and our members' interests in mind.

                                                              Name of Constituent FundInvestment Manager
                                                              Equity Funds  
                                                              BCT (Industry) China and Hong Kong Equity Fund Amundi Hong Kong Limited
                                                              BCT (Industry) Asian Equity Fund Amundi Hong Kong Limited
                                                              BCT (Industry) Global Equity Fund Amundi Hong Kong Limited
                                                              Mixed Asset Funds  
                                                              BCT (Industry) E70 Mixed Asset Fund Amundi Hong Kong Limited
                                                              BCT (Industry) E50 Mixed Asset Fund Amundi Hong Kong Limited
                                                              BCT (Industry) E30 Mixed Asset Fund Amundi Hong Kong Limited
                                                              BCT (Industry) Flexi Mixed Asset Fund Allianz Global Investors Asia Pacific Limited
                                                              BCT (Industry) Core Accumulation Fund* Invesco Hong Kong Limited
                                                              BCT (Industry) Age 65 Plus Fund* Invesco Hong Kong Limited
                                                              Bond / Money Market Funds  
                                                              BCT (Industry) RMB Bond Fund Invesco Hong Kong Limited
                                                              BCT (Industry) Global Bond Fund Amundi Hong Kong Limited
                                                              BCT (Industry) MPF Conservative Fund Invesco Hong Kong Limited
                                                              * DIS Funds

                                                              Management Fees

                                                              Name of Constituent FundManagement Fees1
                                                              (% per annum of net asset value)
                                                              Equity Funds  
                                                              BCT (Industry) China and Hong Kong Equity Fund Up to 1.52%
                                                              BCT (Industry) Asian Equity Fund Up to 1.60%
                                                              BCT (Industry) Global Equity Fund Up to 1.585%
                                                              Mixed Asset Funds  
                                                              BCT (Industry) E70 Mixed Asset Fund Up to 1.53%
                                                              BCT (Industry) E50 Mixed Asset Fund Up to 1.53%
                                                              BCT (Industry) E30 Mixed Asset Fund Up to 1.53%
                                                              BCT (Industry) Flexi Mixed Asset Fund up to 1.52%
                                                              BCT (Industry) Core Accumulation Fund* 0.75%
                                                              BCT (Industry) Age 65 Plus Fund* 0.75%
                                                              Bond / Money Market Funds  
                                                              BCT (Industry) RMB Bond Fund 1.175%
                                                              BCT (Industry) Global Bond Fund Up to 1.45%
                                                              BCT (Industry) MPF Conservative Fund 0.88%
                                                              * DIS Funds
                                                              1 “Management fees” include trustee, administration and custodian fee, sponsor fee and investment management fee paid to the trustee, administrator, custodian, sponsor and investment manager of a scheme for providing their services to the relevant fund. They are usually charged as a percentage of the net asset value of a fund. In the case of the Core Accumulation Fund and the Age 65 Plus Fund, management fees payable to the parties named above, or their delegates, can only (subject to certain exceptions in the Mandatory Provident Fund Schemes Ordinance) be charged as a percentage of the net asset value of the DIS Fund. These management fees are also subject to a statutory daily limit equivalent to 0.75% per annum of the net asset value of the DIS Fund which applies across both the DIS Fund and its underlying funds.

                                                              Pooled ORSO Retirement Plan

                                                              Let us help you get ready for retirement you deserve. The BCT Premier Pooled ORSO Retirement Plan is a pooled investment scheme which allows investors to plan for retirement by investing in a variety of different funds based on their own personal risk tolerances. Our funds are managed by independent fund management companies which have no ties to BCT by way of ownership, so members can be assured that we only have their best interests in mind.

                                                              Name of PortfoliosInvestment Manager / Guarantor
                                                              Equity Funds  
                                                              BCT ORSO China & HK Equity Fund Invesco Hong Kong Limited
                                                              BCT ORSO Global Emerging Markets Equity Fund Amundi Hong Kong Limited
                                                              BCT ORSO Asian Equity Fund Amundi Hong Kong Limited
                                                              BCT ORSO European Equity Fund Schroder Investment Management (Hong Kong) Limited^
                                                              BCT ORSO North American Equity Fund Schroder Investment Management (Hong Kong) Limited^
                                                              Equity Funds – Market Tracking Series  
                                                              BCT ORSO Hong Kong Equity Index Fund Amundi Hong Kong Limited
                                                              Mixed Asset Funds  
                                                              BCT ORSO Growth Fund Allianz Global Investors Asia Pacific Limited
                                                              BCT ORSO E90 Market Tracking Mixed Asset Fund Amundi Hong Kong Limited
                                                              BCT ORSO Balanced Fund Allianz Global Investors Asia Pacific Limited
                                                              BCT ORSO E70 Market Tracking Mixed Asset Fund Amundi Hong Kong Limited
                                                              BCT ORSO Stable Growth Fund Allianz Global Investors Asia Pacific Limited
                                                              BCT ORSO E50 Market Tracking Mixed Asset Fund Amundi Hong Kong Limited
                                                              BCT ORSO Capital Stable Fund Allianz Global Investors Asia Pacific Limited
                                                              BCT ORSO E30 Market Tracking Mixed Asset Fund Amundi Hong Kong Limited
                                                              BCT ORSO Asian Income Retirement Fund Taikang Asset Management (Hong Kong) Company Limited
                                                              Bond Fund  
                                                              BCT ORSO Global Bond Fund Amundi Hong Kong Limited
                                                              Money Market Fund  
                                                              BCT ORSO HK Dollar Cash Fund Allianz Global Investors Asia Pacific Limited
                                                              Guaranteed Fund  
                                                              BCT ORSO Guaranteed Fund China Life Insurance (Overseas) Company Limited

                                                               ^Schroders is the manager of the underlying Nominated Fund. As this Portfolio is a feeder fund structure, investment manager at portfolio level is not compulsory.


                                                              Management Fees

                                                              Name of PortfoliosManagement Fees1
                                                              (% per annum of net asset value)
                                                              Equity Funds  
                                                              BCT ORSO China & HK Equity Fund 1.00%
                                                              BCT ORSO Global Emerging Markets Equity Fund 1.37%
                                                              BCT ORSO Asian Equity Fund 1.40%
                                                              BCT ORSO European Equity Fund Up to 0.98%
                                                              BCT ORSO North American Equity Fund Up to 0.98%
                                                              Equity Funds – Market Tracking Series  
                                                              BCT ORSO Hong Kong Equity Index Fund Up to 0.84%
                                                              Mixed Asset Funds  
                                                              BCT ORSO Growth Fund Up to 0.97%
                                                              BCT ORSO E90 Market Tracking Mixed Asset Fund Up to 0.95%
                                                              BCT ORSO Balanced Fund Up to 0.97%
                                                              BCT ORSO E70 Market Tracking Mixed Asset Fund Up to 0.95%
                                                              BCT ORSO Stable Growth Fund Up to 0.97%
                                                              BCT ORSO E50 Market Tracking Mixed Asset Fund Up to 0.95%
                                                              BCT ORSO Capital Stable Fund Up to 0.97%
                                                              BCT ORSO E30 Market Tracking Mixed Asset Fund Up to 0.95%
                                                              BCT ORSO Asian Income Retirement Fund#^ Up to 1.238%
                                                              Bond Fund  
                                                              BCT ORSO Global Bond Fund 1.10%
                                                              Money Market Fund  
                                                              BCT ORSO HK Dollar Cash Fund Up to 0.77%
                                                              Guaranteed Fund  
                                                              BCT ORSO Guaranteed Fund* 1.00%
                                                              1 “Management fees” means the total of sponsor, trustee and administration fee, investment management fee and sub-trustee fee (if applicable).
                                                              *China Life charges an investment charge which is payable to China Life in arrears at the end of each calendar year. In addition, the following may be deducted from the assets of the China Life Policy: guarantee charge, smoothing provisions, audit fees, legal fees, other disbursements and net investment returns of the China Life Policy. For the avoidance of doubt, the net investment return at the policy level is guaranteed by China Life at the Guaranteed Rate of Return and will not be reduced as a result of such fees or deductions.
                                                              Normal 0 0 2 false false false EN-US ZH-TW X-NONE Taikang Asset Management (Hong Kong) Company Limited