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Important notes
- The HSBC Mandatory Provident Fund - SuperTrust Plus is a mandatory provident fund scheme.
- You should consider your own risk tolerance level and financial circumstances before making any investment choices. When, in your selection of funds, you are in doubt as to whether a certain fund is suitable for you (including whether it is consistent with your investment objectives), you should seek financial and/or professional advice and choose the fund(s) most suitable for you taking into account your circumstances.
- The respective Guaranteed Fund under the above schemes invests solely in an approved pooled investment fund in the form of an insurance policy provided by HSBC Life (International) Limited. The guarantee is also given by HSBC Life (International) Limited. Your investments in the relevant Guaranteed Fund, if any, are therefore subject to the credit risks of HSBC Life (International) Limited. Please refer to the 'Warning' section under 'Guaranteed Fund' in Part II - Fund Structure of the relevant 'Principal Brochure' for details of the credit risk.
- The guarantee in the Guaranteed Fund only applies under certain conditions. Please refer to the 'Guarantee features' section under 'Guaranteed Fund' in Part II - Fund Structure of the relevant 'Principal Brochure' for full details of the guarantee features and Guarantee Conditions.
- You should not invest based on the information shown on this website alone and should read the relevant 'Principal Brochure'.
SuperTrust Plus
MPF Conservative Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Conservative | Low | Money market fund |
Objective
The investment objective of the MPF Conservative Fund is to achieve a rate of return higher than that available for savings deposits. This Fund shall be invested in an authorised unit trust (HSBC MPF 'A' - MPF Conservative Fund) comprised entirely of high grade Hong Kong dollars denominated monetary instruments such as treasury bills, bills of exchange, commercial paper, certificates of deposit or interbank deposits; and other ancillary investments as allowed under the General Regulation. Such investments will have an average portfolio remaining maturity of not more than 90 days.
Typical Asset Allocation
An authorised unit trust comprised entirely of high grade Hong Kong dollar denominated monetary instruments: 100%
Fees and charges of an MPF Conservative Fund can be deducted from either (i) the assets of the fund or (ii) members' account by way of unit deduction. This fund uses method (ii) and, therefore, its unit prices, net asset value (NAV) or fund performance quoted (except for the fund performance figures quoted in a Fund Fact Sheet) do not reflect the impact of fees and charges.
Guaranteed Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Conservative | Low | Guaranteed fund |
Objective
The investment objective of the Guaranteed Fund is to achieve long-term capital growth with low volatility whilst ensuring that the Guarantee is met. This Fund shall be invested in an insurance policy (MPF Guaranteed Fund) investing in a diversified portfolio that normally comprises global bonds, equities and cash.
Additional information
The Actual Balance is the value of the units held in the Guaranteed Fund in respect of a Member or a Deferred Member. The Guaranteed Balance is a nominal balance. It is calculated by taking the value of the Guaranteed Balance as of the beginning of the financial year, adding contributions in respect of the Member or Deferred Member that have been applied to purchase units during the year up to that day, accumulated at the Guaranteed Interest Rate; and deducting a portion of the Guaranteed Balance corresponding to amounts withdrawn from the Guaranteed Fund during that financial year. The Guaranteed Interest Rate will be determined by the Insurer, HSBC Life (International) Limited, at the beginning of each financial year but will never be less than zero per cent in any case. Participating Employers and Members may call the MPF hotlines or access any other service channels specified by the Administrator to check the Guaranteed Interest Rate.
The Guarantee will not apply to any amount that is withdrawn from the Guaranteed Fund other than under the Guarantee Conditions as listed below. Thus the Guarantee will not apply in the following conditions:
- money switching between Constituent Funds
- transfer of monies when the employer chooses another service provider
- transfer of monies to another service provider by a Deferred Member not upon the Guarantee Conditions listed below
There is a dilution of performance due to the guarantee structure of the Guaranteed Fund and its insurance policy, and a guarantee fee is payable to the Insurer.
Members investing in the Guaranteed Fund who do not hold their investments until the date or events where one of the Guarantee Conditions set out in the relevant 'Principal Brochure' is met are subject to market fluctuation and investment risks.
Guarantee Conditions
(Unless otherwise agreed in writing between the Participating Employer, the Member and the Trustee) The transfer of balances in respect of a Member or a Deferred Member from the Guaranteed Fund to a recipient scheme (including the existing scheme) on termination of employment, or withdrawal of mandatory and/or voluntary balances by a Member or a Deferred Member from the Guaranteed Fund arising as a result of a payment made under the rules of the scheme with respect to one of the following:
- Termination of employment
- Reaching retirement age or normal retirement date
- Death
- Reaching early retirement date
- Total incapacity
- Permanent departure from the Hong Kong SAR
- Making a claim on small balance account under section 162(1)(c) of the General Regulation
Typical Asset Allocation
Bonds:
Cash:
20-100%
0-80%
Guaranteed Interest Rate
1 July 2010 to 30 June 2011:
1 July 2011 to 30 June 2012:
0.025% p.a.
0.125% p.a.
Global Bond Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Conservative | Low | Bond fund |
Objective
The investment objective of the Global Bond Fund is to achieve stable capital growth with low volatility. This Fund shall be invested in an authorised unit trust (HSBC MPF 'A' - Global Bond Fund) primarily investing in a portfolio of carefully selected global fixed income securities. Such investments will be made through further approved pooled investment funds and/or other investments as allowed under the General Regulation.
Typical Asset Allocation
Cash:
0-30%
Flexi-Managed Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Conservative | Low | Mixed assets fund |
Objective
The investment objective of the Flexi-Managed Fund is to achieve a stable return in the medium to long term with potentially lower volatility and downside risk than a traditional mixed assets fund. This Fund shall be invested in an authorised unit trust (HSBC MPF 'A' - Flexi-Managed Fund) investing in a portfolio that normally comprises bonds and debt securities (both short-term and long-term), global equities and deposits with heavier weighting in bonds and debt securities. Such investments will be made through further approved pooled investment funds and/or other investments as allowed under the General Regulation.
Typical Asset Allocation
Equities:
0-35%
Stable Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Moderate | Medium | Mixed assets fund |
Objective
The investment objective of the Stable Fund is to achieve stable capital growth with low volatility. This Fund shall be invested in an authorised unit trust (HSBC MPF 'A' - Stable Fund) investing in a diversified portfolio that normally comprises global bonds and equities with heavier weighting in bonds. Such investments will be made through further approved pooled investment funds and/or other investments as allowed under the General Regulation.
Typical Asset Allocation
Equities:
15-45%
Stable Growth Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Moderate | Medium | Mixed assets fund |
Objective
The investment objective of the Stable Growth Fund is to achieve medium capital growth with medium-low volatility. This Fund shall be invested in an authorised unit trust (HSBC MPF 'A' - Stable Growth Fund) investing in a diversified portfolio that normally comprises global bonds and equities with equal emphasis. Such investments will be made through further pooled investment funds.
Typical Asset Allocation
Bonds and cash:
35-65%
Balanced Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Moderate | Medium | Mixed assets fund |
Objective
The investment objective of the Balanced Fund is to achieve medium-high capital growth with medium volatility. This Fund shall be invested in an authorised unit trust (HSBC MPF 'A' - Balanced Fund) investing in a diversified portfolio that normally comprises global bonds and equities with heavier weighting in equities. Such investments will be made through further pooled investment funds.
Typical Asset Allocation
Bonds and cash:
15-45%
Growth Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Aggressive | High | Mixed assets fund |
Objective
The investment objective of the Growth Fund is to achieve investment returns that maximise long-term capital growth potential with medium-high volatility. This Fund shall be invested in an authorised unit trust (HSBC MPF 'A' - Growth Fund) investing in a diversified portfolio that normally comprises global equities, with an emphasis on Asian markets. Such investments will be made through further pooled investment funds.
Typical Asset Allocation
Bonds and cash:
0-30%
North American Equity Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Aggressive | High | Equity fund |
Objective
The investment objective of the North American Equity Fund is to achieve long-term capital growth. This Fund shall be invested in an authorised unit trust (HSBC MPF 'A' - American Equity Fund) investing in a portfolio of carefully selected shares traded on stock exchanges in North America. Such investments will be made through further pooled investment funds.
Typical Asset Allocation
Bonds and cash:
0-30%
European Equity Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Aggressive | High | Equity fund |
Objective
The investment objective of the European Equity Fund is to achieve long-term capital growth. This Fund shall be invested in an authorised unit trust (HSBC MPF 'A' - European Equity Fund) investing in a portfolio of carefully selected shares traded on any of the eligible markets in the United Kingdom and in other continental European countries. Such investments will be made through further pooled investment funds.
Typical Asset Allocation
Bonds and cash:
0-30%
Asia Pacific Equity Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Aggressive | High | Equity fund |
Objective
The investment objective of the Asia Pacific Equity Fund is to achieve long-term capital growth. This Fund shall be invested in an authorised unit trust (HSBC MPF 'A' - Asia Pacific Equity Fund) investing in portfolios of carefully selected quoted securities on regulated stock exchanges in Asia Pacific, excluding Japan. Such investments will be made through further pooled investment funds.
Typical Asset Allocation
Bonds and cash:
0-30%
Hang Seng Index Tracking Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Aggressive | High | Equity fund |
Objective
The investment objective of the Hang Seng Index Tracking Fund is to match as closely as practicable the performance of the Hang Seng Index by investing directly in an approved ITCIS (Hang Seng Index ETF) with a similar investment objective or investing indirectly in an approved ITCIS with a similar investment objective through a pooled investment fund.
Whilst the investment objective of the Hang Seng Index Tracking Fund and the underlying approved ITCIS is to track the Hang Seng Index, there can be no assurance that the performance of the Hang Seng Index Tracking Fund will at any time be identical to the Hang Seng Index.
Typical Asset Allocation
Constituent stocks of the Hang Seng Index and related financial instruments: 100%
Hong Kong and Chinese Equity Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Aggressive | High | Equity fund |
Objective
The investment objective of the Hong Kong and Chinese Equity Fund is to achieve long-term capital growth. This Fund shall be invested in an authorised unit trust (HSBC MPF 'A' - Hong Kong and Chinese Equity Fund) primarily investing in portfolios of carefully selected securities listed on the Hong Kong Stock Exchange, which may comprise of those Hong Kong listed Chinese equities (including H shares, red-chips and securities issued by companies deriving a preponderant part of their income and/or assets from China) and other securities listed on the Hong Kong Stock Exchange. A portion of the investment portfolio indirectly held by this Fund may hold securities issued by companies deriving a preponderant part of their income and/or assets from Hong Kong and/or China that are listed on other stock exchanges. For the purpose of the investment objectives of the Hong Kong and Chinese Equity Fund, China means the People's Republic of China, excludes Hong Kong, Macau and Taiwan. Such investments will be made through further pooled investment funds.
Typical Asset Allocation
Bonds and cash:
0-30%
Chinese Equity Fund
| Investment strategy | Investment risk | Fund type |
|---|---|---|
| Aggressive | High | Equtiy fund |
Objective
The investment objective of the Chinese Equity Fund is to achieve long-term capital growth. This Fund shall be invested in an authorised unit trust (HSBC MPF 'A' - Chinese Equity Fund) primarily investing in a portfolio of carefully selected shares issued by companies deriving a preponderant part of their income and/or assets from China and listed on the Stock Exchange of Hong Kong, including but not limited to H shares and red-chips. Up to 30 per cent of the non-cash assets of the authorised unit trust may hold securities issued by companies deriving a preponderant part of their income and/or assets from China that are listed on other stock exchanges. For the purpose of the investment objectives of the Chinese Equity Fund, China means the People's Republic of China, excludes Hong Kong, Macau and Taiwan. Such investments will be made through further approved pooled investment fund and/or other investments as allowed under the General Regulation.
Typical Asset Allocation
Bonds and cash:
0-30%
Remarks
- It is important that you read this website in conjunction with the relevant 'Principal Brochure' which contains more detailed information about HSBC MPF including information on its fund structure, fee table and our rights to alter the fees and charges.
- Additional voluntary contributions are accepted at the discretion of the Administrator and the Trustee.
- Investment involves risks. Past performance is no guide to future performance. For further details including the product features and risks involved, please refer to the relevant 'Principal Brochure'.
- The investment risk of each fund shown above is provided by HSBC Life (International) Limited / HSBC Global Asset Management (Hong Kong) Limited. The level of investment risk of each fund is provided for reference only and it is only a relative comparison of risk level among all funds within the scheme. It should not be regarded as investment advice. You should not make your investment choice based on this information only and should read the relevant 'Principal Brochure' for further details. If in doubt, you should seek independent professional advice.
- If you are in doubt about the meaning or effect of the contents of this website, you should seek independent professional advice.
- If you would like to raise any concerns or make a complaint, you can write to or call the Administrator or the Trustee. The Administrator or the Trustee will then investigate the situation and take necessary actions as soon as practicable.
- With effect from 9 August 2009, Capital Preservation Fund has been renamed as MPF Conservative Fund.
