Fund Information
                                                               
                                                               

                                                              WGO x BCT Paper Saving Pioneers - 29.6.2019

                                                              2019 is a special year, as it marks the 20th anniversary of BCT Group (“BCT”) and our commitment to retirement protection for Hong Kong. With sustainability as BCT’s core value, we strongly believe that it can create long-term value to our shareholders, employees, customers, business partners and the community.

                                                              Since 2014, BCT has been recognized in World Green Organisation's ("WGO") "Green Office Awards Labelling Scheme" and "Sustainable Business Award” for our efforts made in environmental protection, workplace quality, green operations practices and community involvement.

                                                              As we celebrate our birthday with the theme “Embracing a Sustainable Future”, we will be collaborating with WGO to present a green campaign named “WGO x BCT Paper Saving Pioneers" 「惜紙先鋒」 on Saturday, 29 June 2019. While the initiative is part of WGO’s Paper Saving Campaign 2019「惜紙行動」, it is BCT’s first large-scale green campaign to promote sustainability with BCT being the sole sponsor. We aim at achieving the following goals through the collaboration.

                                                               WGO main


                                                              WGO x BCT Paper Saving Pioneers「惜紙先鋒」

                                                              "WGO x BCT Paper Saving Pioneers” is a full day event that includes a city challenges competition in relation to paper saving, green workshops and an exhibition featuring environment-friendly information and practices.

                                                               


                                                              Saturday, 29 June 2019


                                                              1. City Challenges Competition

                                                              Participants from partner organisations and BCT will form teams to compete in the City Challenges Competition co-organised by WGO and YMCA.
                                                              Venue:         Kowloon Park and Parklane, Tsim Sha Tsui
                                                              Time:           8:15 am – 10:30 am


                                                              2. Award Presentation Ceremony

                                                              Prizes will be awarded to winners at the award presentation ceremony held right after the competition. Honourable guests and representatives from BCT’s business partners are there to grace the event.
                                                              Venue:         3/F., iSQUARE, Tsim Sha Tsui
                                                              Time:           11:00 am – 12:00 noon

                                                              Officiating guests:
                                                              Mr Wong Kam-sing, GBS, JP, Secretary for the Environment, HKSAR
                                                              Mr Bernard Chan GBS, JP, Founding Chairman, BCT Group
                                                              Ms Alice Law, Deputy Chairman and Managing Director, Mandatory Provident Fund Schemes Authority
                                                              Mrs Vicki Kwok, JP, Deputy Director, Environmental Protection Department, HKSAR
                                                              Ms Ka Shi Lau, BBS, Managing Director & CEO, BCT Group
                                                              Professor Albert Ip, Vice Chairman of Board, World Green Organisation
                                                              Dr William Yu, Founder & Chief Executive Officer, World Green Organisation


                                                              3. Green Workshops

                                                              Workshops will be conducted by WGO to produce eco-friendly items (upcycling tote bag and coffee grind mosquito repellent), which are especially suitable for parents and kids. (onsite registration is welcome)
                                                              Venue:         3/F., iSQUARE, Tsim Sha Tsui
                                                              Time:           2:00 pm – 6:00 pm

                                                              WGO main 2


                                                              4. Green eZone

                                                              A digital exhibition gallery displaying educational information related to paper saving message, low-carbon lifestyle, green practices implemented by corporations, etc.
                                                              Venue:         3/F., iSQUARE, Tsim Sha Tsui
                                                              Time:           10:30 am – 6:00 pm


                                                              Event Highlights on 29 June

                                                              Photo Gallery

                                                               

                                                              Newspaper Supplement in “Metro Daily”《都市日報》on 19 July 2019 (Chinese only)

                                                               

                                                              Video Clip


                                                              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
                                                              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 1.20%3
                                                              BCT (Pro) SaveEasy 2025 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