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 the information shown on this application/webpage 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’.
Updates on the change of the Administrator of the Hang Seng Master Trusts
With effect from 1 November 2018, HSBC Life (International) Limited ceases to be the Administrator of the Hang Seng Mandatory Provident Fund – SuperTrust Plus and ValueChoice (each, the ‘Hang Seng Master Trust’, and collectively, the ‘Hang Seng Master Trusts’) and The Hongkong and Shanghai Banking Corporation Limited, becomes the Administrator of the Hang Seng Master Trusts. Notwithstanding the change described above, there are no changes or suspension to the services (e.g. Hang Seng MPF Employer Direct, Hang Seng MPF Service Hotline, Hang Seng Business e-Banking, Hang Seng Personal e-Banking and Interactive Voice Response System, etc.) or offerings that were provided to our MPF customers immediately before the change of the Administrator. The change of the Administrator does not affect our members’ accrued benefits or investment option(s) under the Hang Seng Master Trust(s). To reflect the change of the Administrator of the Hang Seng Master Trusts, the relevant ‘Principal Brochures’, MPF publications and administration forms will be/ have been updated and they will be/ are available on our Hang Seng MPF website at www.hangseng.com/empf for download. For more information, please contact Hang Seng MPF Service Hotline at (852) 2213 2213.