Investment Views from Managers
                                                               
                                                               

                                                              BCT Celebrates 15th Anniversary with MPF System Shares Investment Outlook

                                                              The "BCT Celebrates 15th Anniversary with the MPF System" media briefing took place today, where Managing Director & CEO Ms. Ka Shi Lau, BBS provided details on the latest development of the Group and the MPF system, as well as a review of the past 15 years. Investment Director Mr. Michael Ha shared BCT's house views on the global investment outlook for the first half of 2016.

                                                              Amid the recent turbulent market conditions, BCT forecasts continued market volatility in 2016. As it is impossible to precisely predict the movement of markets, BCT reminds members to avoid switching funds in speculating short-term market trends, and that a long-term investment approach on retirement planning should be adopted.


                                                              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.