Corporate Banking
 
Corporate Lending & Syndication
Commercial Lending
Securities Lending
Asset Based Finance
Trust and MPF Services
e-Payment Solutions
Corporate Cyberbanking
Home > Corporate Banking > Trust and MPF Services > MPF Services > BEA (MPF) Personal Contribution Account (PCA) > Features & Investment Choices

Features & Investment Choices

Details of PCA:
Contribution Charge Nil
Withdrawal Charge Nil
Minimum Contribution Period Nil
Fund Switching and Change in Mandate No Limit
Minimum amount of monthly regular contribution HK$100
Minimum amount of each lump sum contribution HK$500
Minimum withdrawal amount HK$5,000
Withdrawal request No Limit


Investment Choices (Note 1)
Constituent Fund Investment Risk
(Note 2)		 Investment Policy
BEA (MPF)
Growth Fund		 **** Equities : 60% to 90%
Cash, Debt Securities and / or Money Market : 10% to 40%
BEA (MPF)
Balanced Fund 		*** Equities : 40% to 60%
Cash, Debt Securities and / or Money Market  : 40% to 60%
BEA (MPF)
Stable Fund 		** Equities : 10% to 40%
Cash, Debt Securities and / or Money Market : 60% to 90%
BEA (MPF)
Asian Growth Fund 		**** Equities: invest 60% to 100% in Asian equity markets (including but not limited to Singapore, Malaysia, Korea, Taiwan, Thailand, Indonesia, the Philippines,India, China and Hong Kong but excluding Japan)
Cash, Debt Securities and / or Money Market : 0% to 40%
BEA (MPF) Greater China Growth Fund
(Note 3)		 **** Equities: invest 60% to 100% in Greater China Securities Cash, Debt securities and / or Money Market : 0% to 40%
BEA (MPF)
Hong Kong Growth Fund		 **** Equities: invest 60% to 100% in Hong Kong equities
Cash, Debt Securities and / or Money Market : 0% to 40%
BEA (MPF) Japan Growth Fund **** Equities: invest 60% to 100% in the Japanese equity market Cash, Debt securities and / or Money Market : 0% to 40%
BEA (MPF)
Global Bond Fund		 ** Bonds: invest 70% to 100% in global bonds denominated in various major currencies (including but not limited to US dollars, Euro, Pounds Sterling, Japanese Yen and Hong Kong dollars)
Cash and / or Money Market : 0% to 30%
BEA (MPF)
Long Term Guaranteed Fund
(Note 4) 		* Equity Securities : 20% to 80%
Fixed Income Securities : 15% to 75%
Cash & Short Term Investments : 3% to 20%
BEA (MPF)
Capital Preservation Fund 		* Short-Term Deposits and Debt Securities : 100%

Note 1 : Investments inherently involve risks and the prices of unit may go down as well as up. Past performance is not indicative of future performance. Please refer to the Explanatory Memorandum of the BEA (MPF) Master Trust Scheme for details.
Note 2 : The more the number of *, the higher the level of investment risk of the Constituent Fund.
Note 3 : Various markets in which the BEA (MPF) Greater China Growth Fund will invest are considered as emerging markets. As emerging markets tend to be more volatile than developed markets, any holdings in emerging markets are exposed to higher levels of market risks.
Note 4 : The Guarantor is Principal Insurance Company (Hong Kong) Limited. The guarantee will only need to be credited if actual results are lower than the guaranteed rate during the life of the Underlying Fund, and the accrued benefits are withdrawn for the following reasons: Attainment of normal, late or early retirement age; Death; Permanent departure from Hong Kong; Total incapacity; Small balance; Termination of the member's employment and provided that monies invested in the Underlying Fund have been kept for a continuous period of at least 36 months immediately prior to the date of cessation of employment. If amounts in respect of a member are withdrawn or transferred for reasons other than Qualifying Events (e.g. as a result of Switching Instruction), the Guarantor will pay the normal account balance to the Trustee. That means the guarantee will not apply and the holders of the fund are fully exposed to fluctuations in the value of the assets of the Underlying Fund. For additional information, please refer to the Explanatory Memorandum of the BEA (MPF) Master Trust Scheme.