The Bank of East Asia

Insurance & MPF Services

Important

  1. BEA (MPF) Master Trust Scheme and BEA (MPF) Industry Scheme offer different constituent funds (i) investing in one or more approved pooled investment funds and/or approved index-tracking funds which invest in equities or bonds; or (ii) making direct money market investments, each with different risk profile.
  2. BEA (MPF) Value Scheme offers different constituent funds (i) investing in one or more approved pooled investment funds or approved index-tracking funds which invest in equities or bonds; or (ii) making direct investments, each with different risk profile.
  3. BEA (MPF) Long Term Guaranteed Fund under BEA (MPF) Master Trust Scheme invests solely in an approved pooled investment fund in a form of insurance policy provided by Principal Insurance Company (Hong Kong) Limited. A guarantee is also given by Principal Insurance Company (Hong Kong) Limited. Your investment in this constituent fund, if any, is therefore subject to the credit risk of Principal Insurance Company (Hong Kong) Limited. Please refer to "Note 5" of the web page "Investment Choices" under "BEA (MPF) Master Trust Scheme" and the Appendix 1 of the Explanatory Memorandum of the BEA (MPF) Master Trust Scheme for details of the credit risk, guarantee features and guarantee conditions of this constituent fund.
  4. If you are currently investing in BEA (MPF) Long Term Guaranteed Fund under BEA (MPF) Master Trust Scheme, a withdrawal of the accrued benefits on ground of terminal illness may affect your entitlement to the guarantee and you may lose your guarantee. For details, please check the scheme offering document or consult your trustee before making any such withdrawal.
  5. BEA (MPF) Conservative Fund under BEA (MPF) Master Trust Scheme, BEA MPF Conservative Fund under BEA (MPF) Value Scheme and BEA (Industry Scheme) MPF Conservative Fund under BEA (MPF) Industry Scheme do not provide any guarantee of the repayment of capital.
  6. You should consider your own risk tolerance level and financial circumstances before investing in the MPF default investment strategy (“DIS”). You should note that the BEA (MPF) Core Accumulation Fund and the BEA (MPF) Age 65 Plus Fund under BEA (MPF) Master Trust Scheme; the BEA Core Accumulation Fund and the BEA Age 65 Plus Fund under BEA (MPF) Value Scheme; and the BEA (Industry Scheme) Core Accumulation Fund and the BEA (Industry Scheme) Age 65 Plus Fund under BEA (MPF) Industry Scheme (collectively the “DIS Funds”) may not be suitable for you, and there may be a risk mismatch between the DIS Funds and your risk profile (the resulting portfolio risk may be greater than your risk preference). You should seek financial and/or professional advice if you are in doubt as to whether the DIS is suitable for you, and make the investment decision most suitable for you taking into account your circumstances.
  7. You should note that the implementation of the DIS may have an impact on your MPF investments and benefits. You should consult with your trustee if you have doubts on how you are being affected.
  8. You should consider your own risk tolerance level and financial circumstances before making investment choices. When, in your selection of constituent funds, you are in doubt as to whether a certain constituent 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 constituent fund(s) most suitable for you taking into account your circumstances.
  9. You should not invest based on this website alone. Investments inherently involve risk and the unit prices of the constituent funds may go down as well as up. Past performance of the constituent funds is not indicative of future performance. For further details including the product features, fees and charges, and the risk factors involved, please refer to the Explanatory Memorandum of the relevant scheme.
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Promotion Offer for Tax Deductible Voluntary Contribution Account

The BEA (MPF) Master Trust Scheme, BEA (MPF) Value Scheme and BEA (MPF) Industry Scheme (collectively “BEA MPF”) are provident fund schemes launched by The Bank of East Asia, Limited ("BEA") in order to manage contributions made to provide retirement benefits to the Hong Kong workforce.

Tax Deductible Voluntary Contribution (“TVC”) is a new type of contributions and can only be paid into a TVC account of an MPF scheme. TVC is eligible for tax concessions starting from the year of assessment 2019/2020. The maximum tax deductible amount for the year of assessment 2019/2020 is HK$60,000. It is an aggregate limit for both TVC and other qualifying annuity premiums. 

Make a contribution to a newly opened TVC Account with Bank of East Asia (Trustees) Limited (“BEA Trustees”) and get a chance to earn a constituent fund unit bonus (“Unit Bonus”) of up to HK$750!

From 1st October, 2019 until 31st March, 2020, a one-off Unit Bonus ranging from HK$100 up to a maximum of HK$500 may be granted to eligible MPF customers who successfully open a TVC Account and whose contribution falls into the specified ranges subject to the terms and conditions below.

The first 200 eligible customers who successfully register during the promotional period will be entitled to an extra Unit Bonus from HK$50 up to a maximum of HK$250.

For more information, please call the BEA (MPF) Hotline (Operated by Bank of East Asia (Trustees) Limited) on 2211 1777.

Terms and conditions apply, please press the “Terms & Conditions” button for details. The Unit Bonus forms part of the account value and is subject to the relevant fees and charges under BEA MPF.

Unit Bonus Details
Total Contributions over the promotional period (include Monthly Contributions and Lump-Sum Contributions) (HK$) General Customers First 200 customers who successfully register for this promotion
Unit Bonus (HK$) Extra Unit Bonus (HK$) Total Unit Bonus (HK$)
10,000 to < 20,000 100 50 150
20,000 to < 30,000 200 100 300
30,000 to < 40,000 300 150 450
40,000 to < 50,000 400 200 600
≥ 50,000 500 250 750
Application Deadline: 31st March, 2020

Terms and Conditions

Download the leaflet for more details:

For more detailed information on TVC, please visit our dedicated webpage for TVC account and download relevant offering documents of BEA MPF schemes.

BEA (MPF) Hotline: 2211 1777

(Operated by Bank of East Asia (Trustees) Limited)

 

Sponsor: The Bank of East Asia, Limited

Issuer: Bank of East Asia (Trustees) Limited