The Hang Seng Mandatory Provident Fund – SuperTrust Plus and ValueChoice are mandatory provident fund schemes.
You should consider your own risk tolerance level and financial circumstances before making any investment choices. When, in your selection of funds, you are in doubt as to whether a certain 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 fund(s) most suitable for you taking into account your circumstances.
You should consider your own risk tolerance level and financial circumstances before investing in the MPF Default Investment Strategy. You should note that the DIS constituent funds, namely, the Core Accumulation Fund and the Age 65 Plus Fund, may not be suitable for you, and there may be a risk mismatch between the DIS constituent 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.
You should note that the implementation of the DIS may have an impact on your MPF investments and benefits. We recommend that you consult with the Trustee if you have doubts on how you are being affected.
The Guaranteed Fund under Hang Seng Mandatory Provident Fund – SuperTrust Plus invests solely in an approved pooled investment fund in the form of an insurance policy provided by HSBC Life (International) Limited. The guarantee is also given by HSBC Life (International) Limited. Your investments in the Guaranteed Fund, if any, are therefore subject to the credit risks of HSBC Life (International) Limited. Please refer to the 'Warning' section under 'Guaranteed Fund' in Part II - Fund Structure of the 'Principal Brochure' of Hang Seng Mandatory Provident Fund – SuperTrust Plus for details of the credit risk.
The guarantee in the Guaranteed Fund only applies under certain conditions. Please refer to the ‘Guarantee features‘ section under ‘Guaranteed Fund‘ in Part II – Fund Structure of the ‘Principal Brochure‘ of Hang Seng Mandatory Provident Fund – SuperTrust Plus for full details of the guarantee features and Guarantee Conditions, including the guarantee features in the context of payment of benefits in instalments.
MPF Benefits and AVC Benefits payable on a Member's 65th birthday or early retirement on or after his/her reaching age 60 can be paid in one lump sum or in instalments, at the Member's election (in such form and on such terms as the Trustee may, to the extent not prohibited by the 'MPF Ordinance' or General Regulation, prescribe). Please refer to the 'Payment of MPF Benefits and AVC Benefits' section under 'Payment of benefits' in Part I - Product Information of the relevant 'Principal Brochure' for full details.
You should not invest based on this page alone and should read the relevant 'Principal Brochure'.
Investment involves risks. Past performance is not indicative of future performance. The value of financial instruments, in particular stocks and shares, and any income from such financial instruments, may go down as well as up. For further details including the product features and risks involved, please refer to the relevant 'Principal Brochure'.
Founded in 1933, Hang Seng Bank is one of Hong Kong’s largest listed companies. With our solid financial standing and excellent service, you can rest assured that your MPF investments are in good hands. You can count on our support for all your MPF needs – today and in the years to come.
Four separate aspects are involved in operating an MPF scheme: sponsor, trustee and custodian, administrator and investment managers. It is important that each party is financially sound and has the experience and expertise to handle your money.
Sponsor
Hang Seng Bank Limited
Founded in 1933
One of the Hong Kong’s largest listed companies
Administrators
The Hongkong and Shanghai Banking Corporation Limited
Established in 1865 and is the founding member of the HSBC Group
One of the world’s largest banking and financial services organisations
Trustee and Custodian
HSBC Provident Fund Trustee (Hong Kong) Limited
Incorporated in Hong Kong and is registered as a Trust Company under the Trustee Ordinance and an Approved Trustee under the Mandatory Provident Fund Schemes Ordinance
Investment Managers
HSBC Global Asset Management (Hong Kong) Limited
(for Hang Seng Mandatory Provident Fund - SuperTrust Plus)╱ HSBC Investment Funds (Hong Kong) Limtied
(for Hang Seng Mandatory Provident Fund - SuperTrust Plus and ValueChoice)
Over 40 years of experience in managing retirement funds
One of Hong Kong’s largest retirement fund managers
experienced worldwide fund management teams
global investment planning platform supported by a worldwide network
Hang Seng Investment Management Limited
Investment arm of Hang Seng Bank
Extensive experience in managing index-tracking funds, retirement funds, institutional accounts and private client portfolios
Hang Seng MPF provides straightforward contribution methods and various voluntary contribution arrangements for employers. Members can also prepare for their future retirement life accordingly with our flexible arrangement tool - Hang Seng MPF Flexi-Contributions.
Employer
Member
Straightforward contribution methods
Electronic remittance statement via Hang Seng Business e-Banking MPF and Payroll Services
Electronic remittance statement via designated securemail account and submission channel
HR software with facilities to handle MPF contribution calculation
File interface arrangement
Paper-based remittance statement
Various voluntary contribution arrangements for employers
Fixed Amount
Percentage of the relevant income, either by contribution formula or a flat contribution percentage
Lump sum contributions
Hang Seng MPF Flexi-Contributions
Self-arranged contribution instruction totally independent of any employer
Monthly contributions as low as HK$300 via direct debit
Lump sum contributions as low as HK$1,000
Withdrawal of Flexi-Contributions when in needs
Up to 12 times per scheme financial period (from 1 July each year to the following 30 June) without any handling charge
Subject to a minimum withdrawal amount of HK$5,000 each time
At Hang Seng, we provide two MPF schemes with a range of diversified constituent funds to meet your unique retirement needs. Members can choose from a list of constituent funds available under the MPF scheme that have enrolled, for details please click here.
Members can enjoy additional benefits from Hang Seng Bank’s financial services:
Single logon to the Hang Seng Personal e-Banking to manage your wealth and MPF account(s) at one glance
Check your MPF account balance through your statement of integrated account if you are a Hang Seng integrated account holder
Hang Seng MPF members’ MPF balance (including the personal account balance) will be calculated in the ‘Total Relationship Balance’3 under your Integrated Accounts4. Simply maintain the ‘Total Relationship Balance’3 at the designated amount or above to enjoy the monthly fee waiver
Applicable to Hang Seng Bank integrated account holders.
Only for Portfolio Rebalance and Contribution Redirection.
The Total Relationship Balance is the monthly aggregate balance of the daily average of all deposits, gold accounts, securities, investment funds, utilized overdraft facilities, credit card cash advances, outstanding balance of personal loans and the accumulated premiums paid for the designated life insurance plans distributed by Hang Seng Bank as an agent as well as Hang Seng MPF balance. For sole name Integrated Account holders, their other joint name account(s) will also be included.
Integrated Accounts include Prestige Banking, Preferred Banking or Integrated Account.
Additional voluntary contributions and Flexi-Contributions are accepted at the discretion of the Trustee. The Trustee reserves the absolute right not to accept any additional voluntary contributions and Flexi-Contributions at any time.
Investment involves risks. Past performance is not indicative of future performance. The value of financial instruments, in particular stocks and shares, and any income from such financial instruments, may go down as well as up. For further details including the product features and risks involved, please refer to the relevant ‘Principal Brochure’.
Hang Seng MPF Hotline
