The Bank of East Asia

Insurance, MPF & Trust

Important

  1. BEA (MPF) Master Trust Scheme, BEA (MPF) Value Scheme and BEA (MPF) Industry Scheme (collectively “BEA MPF”) 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 investments. Each Constituent Fund has a different risk profile.
  2. The 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 (if any) in this BEA (MPF) Long Term Guaranteed Fund 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 to the MPF Scheme Brochure of the BEA (MPF) Master Trust Scheme for details of the credit risk, guarantee features and guarantee conditions of this BEA (MPF) Long Term Guaranteed Fund.
  3. If you are investing in BEA (MPF) Long Term Guaranteed Fund under BEA (MPF) Master Trust Scheme, a withdrawal of the accrued benefits on the ground of terminal illness may affect your entitlement to the guarantee and you may lose your guarantee. For details, please refer to the Appendix 1 to the MPF Scheme Brochure of the BEA (MPF) Master Trust Scheme or consult the Trustee before making any such withdrawal.
  4. The 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.
  5. 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.
  6. You should note that the implementation of the DIS may have an impact on your MPF investments and accrued benefits. You should consult with the Trustee if you have doubts on how you are being affected.
  7. Investment involves risks. You should consider your own risk tolerance level and financial circumstances before making any investment choices. In your selection of Constituent Funds, if 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.
  8. 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 MPF Scheme Brochure of the relevant scheme.
  9. Important - If you are in doubt about the meaning or effect of the contents of the MPF Scheme Brochure, you should seek independent professional advice.
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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 type of contribution which 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 is HK$60,000 per year - this is an aggregate limit for both TVC and other qualifying annuity premiums. 

Make a contribution to a BEA MPF 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$1,875!

From 1st April, 2021 until 31st March, 2022, a Unit Bonus ranging from HK$375 up to a maximum of HK$1,875 may be granted to eligible MPF customers whose TVC contributions fall into the specified ranges, subject to the terms and conditions below.

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 amount of TVC made in the corresponding year
(including monthly contributions and lump-sum contributions)
(HK$)

Unit Bonus (HK$)

Total Unit Bonus in 3 Years (HK$)

1st Year

1st April, 2021 to
31st March, 2022

2nd Year

1st April, 2022 to
31st March, 2023

3rd Year

1st April, 2023 to
31st March, 2024

10,000 to < 20,000 100  125 150 375
20,000 to < 30,000 200  250 300 750
30,000 to < 40,000 300  375 450 1,125
40,000 to < 50,000 400  500 600 1,500
≥ 50,000 500  625 750 1,875
Application Deadline: 31st March, 2022

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