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The MPF Scheme Brochures of the BEA (MPF) Master Trust Scheme have been revised through the Addendum that issued on 23^rd August, 2023.

The BEA (MPF) Long Term Guaranteed Fund (the “BEA LTGF”) currently solely invests into the Principal Guaranteed Umbrella Fund - Principal Long Term Guaranteed Fund under the Principal Guaranteed Umbrella Fund Policy (the “Policy”) issued by Principal Insurance Company (Hong Kong) Limited (the “Insurer”). Bank of East Asia (Trustees) Limited has been informed by the Insurer that it has decided to terminate the Policy as part of its internal restructuring to demise its guaranteed fund offerings, as suggested by the Insurer‘s internal assessment of solvency and sustainability. Therefore, the BEA LTGF will be terminated on 23^rd November, 2023 (“Effective Date”).

For further details, please refer to the Notice To Participants and the latest MPF Scheme Brochure of BEA (MPF) Master Trust Scheme. You may also refer to the Frequently Asked Questions for further information.

In the regards, the Key Scheme Information Document (“KSID”), On-Going Cost Illustrations for BEA (MPF) Master Trust Scheme and relevant forms and leaflets will also be updated on the Effective Date accordingly. Please stay tuned for the latest version which can be downloaded via BEA MPF webpage.

Should you have any questions, please call BEA (MPF) Hotline on 2211 1777 (Operated by Bank of East Asia (Trustees) Limited).

BEA MPF services will be unavailable across all electronic channels (internet, phone, ATM, mobile banking, and Corporate Cyberbanking) from 09:00 to 18:00 on 6^th August, 2023 for an essential system enhancement, so that we can continue to provide you with the highest level of service quality. No notification will be issued if service is resumed earlier. We apologise for any inconvenience caused.

The MPF Scheme Brochures of the BEA (MPF) Value Scheme have been revised through the Addendum that issued on 15^th May, 2023.

Pursuant to the termination of the SPDR^® FTSE^® Greater China ETF, the underlying approved ITCIS of the BEA Greater China Tracker Fund under BEA (MPF) Value Scheme (“BEA GCTF”), the BEA GCTF will be terminated with effect from 15^th June, 2023 (“Effective Date”).

For further details, please refer to the Notice To Participants and the latest MPF Scheme Brochure of BEA (MPF) Value Scheme. You may also refer to the Frequently Asked Questions for further information.

In the regards, the Key Scheme Information Document (“KSID”), On-Going Cost Illustrations for BEA (MPF) Value Scheme and relevant forms and leaflets will also be updated on the Effective Date accordingly. Please stay tuned for the latest version which can be downloaded via BEA MPF webpage.

Should you have any questions, please call BEA (MPF) Hotline on 2211 1777 (Operated by Bank of East Asia (Trustees) Limited).

BEA MPF services will be unavailable across all electronic channels (internet, phone, ATM, mobile banking, and Corporate Cyberbanking) from 00:00 on 21^st May, 2023 to 08:00 on 22^nd May, 2023 for an essential system enhancement, so that we can continue to provide you with the highest level of service quality. No notification will be issued if service is resumed earlier. We apologise for any inconvenience caused.

The 2022-23 Good MPF Employer Award organized by the Mandatory Provident Fund Schemes Authority, is open for applications. Employers who are exemplary in enhancing the retirement benefits of their employees should act now.

For details and online application, please visit  Good MPF Employer Award website. The deadline is 30^thJune, 2023.

With strong experience and professional services, BEA MPF Schemes and the constituent funds have been honoured with numerous awards and recognition in the MPF industry.

MPF Ratings 2023 Ratings and Awards¹:

• 5 Year Consecutive Gold Rated Scheme
• Gold Rated Scheme
• Silver Rated Schemes
• 1 Year Consistent Performer - Equity Fund (HK & China)
• 5 Year Consistent Performer - Mixed Asset Fund (21-40% Equity)
• 5 Year Consistent Performer - Mixed Asset Fund (41-60% Equity)
• 10 Year Consistent Performer - Mixed Asset Fund (21-40% Equity)
• 10 Year Consistent Performer - Mixed Asset Fund (41-60% Equity)
• 10 Year Consistent Performer - Money Market Fund (RMB/HKD)
• 15 Year Consistent Performer - MPF Conservative Fund
• 20 Year Consistent Performer - MPF Conservative Fund

Bloomberg Businessweek / Chinese Edition Top Fund Awards 2022 ²:

• Best Performer - Equity - Hong Kong Fund, MPFs (1 year)
• Best Performer - Equity - Japan Fund, MPFs (1 year)
• Outstanding Performer - Equity - China Fund, MPFs (1 year)
• Outstanding Performer - Equity - Hong Kong Fund, MPFs (1 year)
• Outstanding Performer - Mixed Allocation - Balanced Fund, MPFs (1 year)
• Outstanding Performer - MPF - Mixed Allocation - Growth Fund, MPFs (1 year)
• Outstanding Performer - Money Market - Conservative Fund, MPFs (1 year)
• Best Performer - Mixed Allocation - Growth Fund, MPFs (5 years)
• Outstanding Performer - Greater China Fund (Aggregated Approach), MPFs (5 years)
• Outstanding Performer - Equity - Japan Fund, MPFs (5 years)
• Outstanding Performer - Money Market - Conservative Fund, MPFs (5 years)
• Outstanding Performer - Equity - Japan Fund, MPFs (10 years)
• Outstanding Performer - Money Market - Conservative Fund, MPFs (10 years)

¹Source: MPF Ratings. The awards and ratings were based on MPF Ratings’ assessment criteria. For the awardees, assessment and rating criteria / methodology, please refer to  http://www.mpfratings.com.hk/ratings-and-awards/.

²Source: Bloomberg Businessweek/Chinese Edition. The awards were based on Bloomberg Businessweek/Chinese Edition’s assessment criteria. For awardees, assessment criteria / methodology, please refer to  http://www.bbwhkevent.com/.

Contribution Day for March – According to the Mandatory Provident Fund Schemes Ordinance, the contribution day for monthly – paid employees is the 10th day of each month. Since 10^th April, 2023 falls on a public holiday, the MPF contribution day for March 2023 is extended to 11^th April, 2023 (Tuesday). Employers are reminded to act early to avoid delay in making contributions, owing to the public holidays on 5^th , 7^th and 8^th April 2023 as well.

Apart from directly making contributions and submitting the remittance statement to us, employers are encouraged to make use of various digital means to handle MPF contributions in a timely manner. Late payment will be subject to a surcharge calculated at 5% of the amount of default contributions.

The Telecommunications (Registration of SIM Cards) Regulation (the "Regulation") has come into effect on 1^st September, 2021. The Regulation requires that users should complete real-name registration for their SIM cards with their telecommunications service providers from 1^st March, 2022.

• All newly effective SIM service plans ("SSP") and new pre-paid SIM (“PPS”) cards will require real-name registration before activation.
• Existing PPS card users are required to complete real-name registration with respective telecommunications service providers on or before 23^rd February, 2023. Thereafter, unregistered PPS cards will be deactivated.
• Existing SSP users are not required to re-register with their telecommunications service providers unless they change to another service provider or subscribe to a new phone number.

Please note that any unregistered PPS cards will be deactivated after 23^rd February, 2023. If your PPS card for your contact phone number in the BEA MPF’s record is not registered by then, you may not be able to:

1. conduct certain Cyberbanking services that are required to receive a one-time password (“OTP”) via short message service (“SMS”) for authentication;
2. receive SMS notifications from the BEA MPF; and
3. receive phone calls from the BEA MPF for important messages or certain information which may require your confirmation.

The above list is not exhaustive.

Please note that the BEA MPF services will be delayed or, in worst-case scenario, not executed if your contact phone number is not up-to-date. As such, you are hereby reminded to promptly complete the real-name registration for your PPS cards with your telecommunications service provider, and update the contact phone number(s) for your BEA MPF account, if necessary, by completing the “Member – Change of Personal Details” form and returning it through BEA branch or mail to MPF Administration Centre, 32^nd Floor, BEA Tower, Millennium City 5, 418 Kwun Tong Road, Kowloon, Hong Kong.

For any enquiries, you can call the BEA (MPF) Hotline on 2211 1777 (Operated by Bank of East Asia (Trustees) Limited).

The MPF Scheme Brochures of the BEA (MPF) Master Trust Scheme, BEA (MPF) Value Scheme and BEA (MPF) Industry Scheme (collectively “BEA MPF Schemes”) have been revised through the Addendum that issued on 22^nd September, 2022.

With effect from 19^th September, 2022, the manager of Tracker Fund of Hong Kong (“TraHK”), the underlying approved ITCIS of the BEA Hong Kong Tracker Funds of BEA MPF Schemes, was changed from State Street Global Advisors Asia Limited to Hang Seng Investment Management Limited. There is no change to the investment objective of TraHK or the BEA Hong Kong Tracker Fund as a result of the change. In addition, the investment manager fee and trustee fee at the underlying fund level of the BEA Hong Kong Tracker Funds are reduced.

For further details, please refer to the latest MPF Scheme Brochures and the Notice To Participants of relevant schemes:

• MPF Scheme Brochure of the BEA (MPF) Master Trust Scheme and Notice To Participants
• MPF Scheme Brochure of the BEA (MPF) Value Scheme and Notice To Participants
• MPF Scheme Brochure of the BEA (MPF) Industry Scheme and Notice To Participants

In the regards, the Key Scheme Information Document (“KSID”) of each of the BEA MPF Schemes has been updated. Please access “Our Products > Product Information” to download the latest version.

Should you have any questions, please call BEA (MPF) Hotline on 2211 1777 (Operated by Bank of East Asia (Trustees) Limited).

BEA MPF services will be unavailable across all electronic channels (internet, phone, ATM, mobile banking, and Corporate Cyberbanking) from 14:00 to 18:00 on 28^th August, 2022 for an essential system enhancement, so that we can continue to provide you with the highest level of service quality. No notification will be issued if service is resumed earlier. We apologise for any inconvenience caused.