Principal Trust Company (Asia) Limited Retirement Scheme
Principal Trust Company (Asia) Limited Retirement Scheme ("Scheme") is a master trust designed to comply with the Occupational Retirement Schemes Ordinance and the Mandatory Provident Fund Schemes (Exemption) Regulation.
Investment in the Principal Money Market Fund is different from placing deposits with a bank or deposit-taking company and is not protected by the Deposit Protection Scheme. Investments in this Fund will be subject to investment risks.
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 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 own circumstances.
In the event that you do not make any investment choices, please be reminded that your contributions made and/or benefits transferred into this Scheme will be invested into the Principal Money Market Fund (unless other arrangement has been made between Principal Trust Company (Asia) Limited and the Employer), and such fund may not necessarily be suitable for you.
Investment involves risks. The value of the funds may go up or down. You should not invest based on the marketing information in this website alone. You should read the Principal Brochure of the Scheme for further details (including investment policy, risk factors, fee and charges of the constituent funds).
Principal Central Provident Fund
The Principal Central Provident Fund (the “Principal CPF”) is a master trust designed to comply with the Occupational Retirement Schemes Ordinance (“ORSO”) and the Securities and Futures Commission’s Code on Pooled Retirement Funds.
One of the investment options (the "Guaranteed Fund") of the Principal CPF invests 100% in the Deposit Administration Guaranteed Fund Policy (the "China Life Policy") issued by The China Life Insurance (Overseas) Company Limited ("China Life"). Your investments in the Guaranteed Fund are therefore subject to the credit risks of China Life. Please refer to the section entitled "Investment option: Guaranteed Fund" in Appendix 1 to Principal Brochure for details of investment return and fees and charges of the Guaranteed Fund and the guarantee features and conditions of the China Life Policy.
A few investment options (each, "Relevant Investment Options") of the Principal CPF each invests 100% in the (a) Stable Fund Policy, (b) Balanced Fund Policy, (c) Growth Fund Policy; (d) Principal Stable Fund Policy, (e) Principal Balanced Fund Policy, (f) Principal Growth Fund Policy, and (g) Principal - RCM Hong Kong Fund Policy. Each of these underlying insurance policies was issued by Principal Insurance Company (Hong Kong) Limited ("PIC"). Your investments in these Relevant Investment Options are therefore subject to the credit risks of PIC. Each reference to "Insurer" in this document means either China Life or PIC, as the case may be, unless expressly specified otherwise.
You should consider your own risk tolerance level and financial circumstances before making any investment choices. When, in your selection of investment choices, you are in doubt as to whether a particular investment choice is suitable for you (including whether it is consistent with your investment objectives), you should seek independent financial and/or professional advice and choose the investment option(s) most suitable for you taking into account your circumstances.
You should not invest based on the marketing information provided in this website alone and should read the principal brochure of the Principal CPF for further details, including product features, fees and charges and risk factors. Investment involves risks, the value of the investment options may go up or down and you may suffer significant loss of your investment.
For Principal Trust Company (Asia) Limited Retirement Scheme, “Name” means the name of Constituent Funds. For Principal Central Provident Fund, “Name” means name of the Investment Options.
For Principal Trust Company (Asia) Limited Retirement Scheme, “Price” means “Unit price”, is calculated on net asset value. For Principal Central Provident Fund, the price value before and after the slash (“/”) symbol means the Bid Price and the Offer Price of the investment option respectively. Unit price of the investment option is calculated on net asset value.
For Principal Trust Company (Asia) Limited Retirement Scheme, “Literature” means “Fund fact sheet”, issued by Principal Asset Management Company (Asia) Limited. For Principal Central Provident Fund, “Literature” means “Quarterly Fund Performance Report”, issued by Principal Trust Company (Asia) Limited.
For Guaranteed Fund in Principal Central Provident Fund, this is a unitised policy and the use of units is for administrative purpose only. The calculation of offer and bid prices of a unit of the policy is not based on the value of assets held in the Policy. For further details, see the sub-section “Operation” of Guaranteed Fund Policy on principal brochure of the Principal Central Provident Fund.
** The investment options (the "Guaranteed Fund") of the Principal CPF invests 100% in the Deposit Administration Guaranteed Fund Policy (the "China Life Policy") issued by The China Life Insurance (Overseas) Company Limited ("China Life"). Your investments in the Guaranteed Fund are therefore subject to the credit risks of China Life. Please refer to the section entitled "Investment option: Guaranteed Fund" in Appendix 1 to Principal Brochure for details of investment return and fees and charges of the Guaranteed Fund and the guarantee features and conditions of the China Life Policy. The minimum net investment return is the resultant of the guaranteed rate of return at the China Life Policy level LESS the management charge chargeable by the Trustee at the Guaranteed Fund level. The China Life Policy commences on the 4 January 2022 and shall continue for an initial period starting from 4 January 2022 and ending on the 31 December 2024 (both days inclusive), and thereafter shall automatically renew every three years unless otherwise terminated in accordance with the terms of the policy.
Investment involves risks and past performance is not indicative of future performance. The value of the funds may go up or down. You should not invest in reliance on this website alone. You should read the Principal Brochure of the Schemes for further details (including investment policy, risk factors, fees and charges of the constituent funds / investment options).
For the historical constituent fund / investment option prices of Principal Trust Company (Asia) Limited Retirement Scheme and Principal Central Provident Fund, please contact our customer service centre.
