The Global Retirement Income Fund ("the Fund") aims to provide members with long-term capital growth and aims to deliver regular dividend distributions (dividend amount/yield is not guaranteed, and distributions may be paid out of the capital and/or effectively out of capital) to help meet your retirement income needs. Here's the investment focus of the fund:
- Up to 100% in debt securities, bonds and deposits
- Up to 30% in equities and other investments as allowed under the General Regulation
Depending on your age, dividends are automatically reinvested into the Fund or the MPF Conservative Fund, which helps reduce volatility and supports a more conservative approach in retirement.
The Fund further enriches the HSBC Mandatory Provident Fund – SuperTrust Plus fund range, bringing the total number of funds to 21. For its risk rating and risk class, you can visit our MPF Constituent Fund Information page or refer to the latest Fund Fact Sheet (PDF).
Management fee
For members below age 65Up to 1.026% p.a. of NAV
From the month the member reaches age 65 onwardsUp to 0.77% p.a. of NAV
Fund features
Dividend distribution process
Key dates
- Record date: The day the number of units held in the member account that is eligible for the next dividend distribution is determined.
- Ex-dividend date: NAV per unit will decrease, reflecting the dividend distribution.
- Distribution date (within 6 business days after ex-dividend date): The dividend will be allocated to members' accounts for reinvestment in the relevant Constituent Fund.
Dividend reinvestment
- For members below age 65 on the record date: The dividend will be reinvested in Global Retirement Income Fund on the distribution date.
- For members at age 65 or above on the record date: The dividend will be reinvested into the MPF Conservative Fund on the distribution date.