Upon joining the scheme, if you have not given us 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 Scheme Series 800 – “Fund Options, Investment Objectives and Policies” and “Administrative Procedures” sections which is available via the link:
MPF Scheme Brochure
Principal MPF Scheme Series 800
Alternatively, you can choose to invest in the following funds:
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)
Class N: 0.75%
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)
Class N: 0.75%
Principal MPF Conservative Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Money Market Fund - Hong Kong
Investment Focus
0 – 95% in certificates of deposit; 0 – 95% in debt securities; 0 – 100% in cash and short-term investments
Investment Objectives
To at least earn a net return equal to the “prescribed savings rate” determined by the Mandatory Provident Fund Schemes Authority
Management Fees (As a percentage of net asset value per annum)
Class N: 0.95%
Principal HK Dollar Savings Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Uncategorised Fund - U.S., Hong Kong and Other
Investment Focus
60 – 100% in short-to-medium duration debt securities; 0 – 40% in cash and short-term investments
Investment Objectives
To earn a competitive short-to-medium term rate of return.
Management Fees (As a percentage of net asset value per annum)
Class D: 0.95% Class I: 0.99%
Principal Asian Bond Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Bond Fund - Asia
Investment Focus
70 – 100% in debt securities; 0 – 30% in cash and time deposits
Investment Objectives
To provide a return consisting of income and capital growth over medium to long term.
Management Fees (As a percentage of net asset value per annum)
Class N: 0.94%
Principal Hong Kong Bond Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Bond Fund - Hong Kong
Investment Focus
70 – 100% in debt securities; 0 –30% in cash and short-term investments
Investment Objectives
To provide a return consisting of income and capital growth over medium to long term.
Management Fees (As a percentage of net asset value per annum)
Class N: 0.99%
Principal International Bond Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Bond Fund - Global
Investment Focus
70 – 100% in debt securities; 0 – 30% in cash and short-term investments
Investment Objectives
To protect and maximise real asset value in terms of international purchasing power.
Management Fees (As a percentage of net asset value per annum)
Class D: 1.25% Class I: 1.25%
Principal Stable Yield Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Mixed Assets Fund - Global - Maximum equity around 60%
Investment Focus
0 – 60% in equity securities; 20 – 90% in debt securities; 0 – 30% in cash and short-term investments
Investment Objectives
To seek long-term growth of capital.
Management Fees (As a percentage of net asset value per annum)
Class D: 1.25% Class I: 1.45%
Principal Long Term Accumulation Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Mixed Assets Fund - Global - Maximum equity around 80%
Investment Focus
20 – 80% in equity securities; 15 – 75% in debt securities; 0 – 20% in cash and short-term investments
Investment Objectives
To earn a competitive longterm total rate of return
Management Fees (As a percentage of net asset value per annum)
Class D: 1.25% Class I: 1.45%
Principal Global Growth Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Mixed Assets Fund - Global - Maximum equity around 90%
Investment Focus
30 – 90% in equity securities; 10 – 70% in debt securities; 0 – 30% in cash and short-term investments
Investment Objectives
To seek long-term growth of capital.
Management Fees (As a percentage of net asset value per annum)
Class D: 1.25% Class I: 1.45%
Principal Aggressive Strategy Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Mixed Assets Fund - Global - Maximum equity 100%
Investment Focus
60 – 100% in equity securities; 0 – 40% in debt securities; 0 – 30% in cash and short-term investments
Investment Objectives
To seek long-term growth of capital.
Management Fees (As a percentage of net asset value per annum)
Class D: 1.25% Class I: 1.45%
Principal International Equity Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Equity Fund - Global
Investment Focus
70 – 100% in equity securities; 0 – 30% in cash and short-term investments
Investment Objectives
To seek capital growth over the long-term.
Management Fees (As a percentage of net asset value per annum)
Class D: 1.25% Class I: 1.44%
Principal US Equity Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Equity Fund - U.S
Investment Focus
70 – 100% in equity securities; 0 – 30% in cash and short-term investments
Investment Objectives
To achieve capital growth over the long-term.
Management Fees (As a percentage of net asset value per annum)
Class D: 1.25% Class I: 1.44%
Principal Asian Equity Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Equity Fund - Asia
Investment Focus
70 – 100% in equity securities; 0 – 30% in cash and short-term investments
Investment Objectives
To achieve capital growth over the long-term.
Management Fees (As a percentage of net asset value per annum)
Class D: 1.25% Class I: 1.44%
Principal China Equity Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Equity Fund - China
Investment Focus
70 – 100% in equity securities; 0 – 30% in cash and short-term investments
Investment Objectives
To achieve capital growth over the long-term.
Management Fees (As a percentage of net asset value per annum)
Class D: 1.25% Class I: 1.44%
Principal Hang Seng Index Tracking Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Equity Fund - Hong Kong
Investment Focus
90 – 100% in equity securities; 0 – 10% in cash and short-term investments
Investment Objectives
To provide investment results that closely correspond to the performance of the Hang Seng Index.
Management Fees (As a percentage of net asset value per annum)
Class N: up to 0.86%
Principal Hong Kong Equity Fund
Investment Manager
Principal Asset Management Company (Asia) Limited
Fund Descriptor
Equity Fund - Hong Kong
Investment Focus
70 – 100% in equity securities; 0 – 30% in cash and short-term investments
Investment Objectives
To achieve capital growth over the long-term.
Management Fees (As a percentage of net asset value per annum)
Class D: 1.25% Class I: 1.35%
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 Scheme Series 800 - “Fees and Charges” section, which is available via the link:
Fees and Charges
Principal MPF Scheme Series 800
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: