Principal MPF - Simple Plan

Key scheme information document

How do we invest your money?

Upon joining the scheme, if you have not given the eMPF Platform any investment instructions, your money will be invested under the Default Investment Strategy (DIS) automatically. For details of the DIS, you may refer to the MPF Scheme Brochure for Principal MPF - Simple Plan – “Fund Options, Investment Objectives and Policies” section which is available via the link:

MPF Scheme Brochure

Principal MPF - Simple Plan

 

Alternatively, you can choose to invest in the following funds:

1

Principal Age 65 Plus Fund

Investment Manager

Principal Asset Management Company (Asia) Limited

Fund Descriptor

Mixed Assets Fund - Global - Equity around 20%

Investment Focus

Around 20% in higher risk assets; around 80% in lower risk assets

Investment Objectives

To provide stable growth for the retirement savings to members.

Management Fees (As a percentage of net asset value per annum)

0.75%
2

Principal Core Accumulation Fund

Investment Manager

Principal Asset Management Company (Asia) Limited

Fund Descriptor

Mixed Assets Fund - Global - Equity around 60%

Investment Focus

Around 60% in higher risk assets; around 40% in lower risk assets

Investment Objectives

To provide capital growth to members.

Management Fees (As a percentage of net asset value per annum)

0.75%
3

Principal - MPF Conservative Fund

Investment Manager

Principal Asset Management Company (Asia) Limited

Fund Descriptor

Money Market Fund - Hong Kong

Investment Focus

HKD denominated deposits and debt securities

Investment Objectives

To achieve a return in line with the prescribed savings rate published by the Mandatory Provident Fund Schemes Authority.

Management Fees (As a percentage of net asset value per annum)

0.99%
4

Principal Stable Fund

Investment Manager

Principal Asset Management Company (Asia) Limited

Fund Descriptor

Mixed Assets Fund - Global - maximum equity around 45%

Investment Focus

Around 15% to 45% in global equities; around 45% to 75% in global bonds

Investment Objectives

To achieve stable long-term capital growth.

Management Fees (As a percentage of net asset value per annum)

1.59%
5

Principal Balanced Fund

Investment Manager

Principal Asset Management Company (Asia) Limited

Fund Descriptor

Mixed Assets Fund - Global - maximum equity around 85%

Investment Focus

Around 55% to 85% in global equities; around 10% to 40% in global bonds

Investment Objectives

To achieve long-term capital growth.

Management Fees (As a percentage of net asset value per annum)

1.59%
6

Principal Growth Fund

Investment Manager

Principal Asset Management Company (Asia) Limited

Fund Descriptor

Mixed Assets Fund - Global - maximum equity 100%

Investment Focus

Around 75% to 100% in global equities; up to 25% in global bonds

Investment Objectives

To achieve significant long-term capital growth.

Management Fees (As a percentage of net asset value per annum)

1.59%
7

Principal Dynamic Global Bond Fund

Investment Manager

Principal Asset Management Company (Asia) Limited

Fund Descriptor

Bond Fund - Global

Investment Focus

At least 70% in fixed income securities issued by governments, governmental agencies and corporates; 0% to 30% in others

Investment Objectives

To seek total investment return over the medium to longer term.

Management Fees (As a percentage of net asset value per annum)

1.49%
8

Principal Dynamic Global Equity Fund

Investment Manager

Principal Asset Management Company (Asia) Limited

Fund Descriptor

Equity Fund - Global

Investment Focus

Around 98% in equities; around 2% in cash or cash equivalent

Investment Objectives

To produce returns that are related to those achieved on the major world stock market indices.

Management Fees (As a percentage of net asset value per annum)

1.75%
9

Principal Dynamic Asia Pacific Equity Fund

Investment Manager

Principal Asset Management Company (Asia) Limited

Fund Descriptor

Equity Fund - Asia Pacific

Investment Focus

Around 95% in equities; around 5% in cash or cash equivalent

Investment Objectives

To produce returns that are related to those achieved on the major stock market indices of Asia Pacific.

Management Fees (As a percentage of net asset value per annum)

1.75%
10

Principal Dynamic Hong Kong Equity Fund

Investment Manager

Principal Asset Management Company (Asia) Limited

Fund Descriptor

Equity Fund - Hong Kong

Investment Focus

Normally 70% to 95% in Hong Kong equities, less than 30% in eligible China A-Shares and B-Shares, with the remainder held in cash or short-term deposits

Investment Objectives

To achieve long term capital growth.

Management Fees (As a percentage of net asset value per annum)

1.59%

Note: The management fees shown in the table above include the management fees chargeable by the fund and its underlying fund(s) only. There may be other fees and charges chargeable to the fund and its underlying fund(s) or to you. For details, please refer to the MPF Scheme Brochure for Principal MPF - Simple Plan - “Fees and Charges” section, which is available via the link:

Fees and Charges

Principal MPF – Simple Plan

To help you make comparisons across different MPF funds and schemes, you may refer to the information on the MPF Fund Platform via the link:

MPF Fund Platform