The HSBC Mandatory Provident Fund – ValueChoice (the ‘HSBC ValueChoice‘) has been merged into the HSBC Mandatory Provident Fund – SuperTrust Plus (the ‘HSBC SuperTrust Plus‘) (1 July 2019)

The HSBC Mandatory Provident Fund – ValueChoice (the ‘HSBC ValueChoice‘) has been merged into the HSBC Mandatory Provident Fund – SuperTrust Plus (the ‘HSBC SuperTrust Plus‘) with effect from 1 July 2019. Six new constituent funds were launched to the HSBC SuperTrust Plus by replicating the corresponding constituent funds in the HSBC ValueChoice and increasing the total number of fund choices in the HSBC SuperTrust Plus from 14 to 20.

The management fees of the North American Equity Fund and the European Equity Fund under the HSBC SuperTrust Plus have been reduced from 1.35% per annum of Net Asset Value to 1.30% per annum of Net Asset Value from 1 July 2019 onwards as well.

For the details of the above, please refer to the supplement to the ‘Principal Brochure’. 

Moreover, the Guaranteed Interest Rate for the Guaranteed Fund available under HSBC SuperTrust Plus is 0.15% per annum in the scheme financial period from 1 July 2019 to 30 June 2020. Please refer to the below for full details of the guarantee features and Guarantee Conditions: 

  • 'Guarantee features' section under 'Guaranteed Fund' in Part II – Fund Structure of the HSBC SuperTrust Plus ‘Principal Brochure’ issued on 1 November 2018; and
  • First Supplement to the HSBC SuperTrust Plus ‘Principal Brochure’ issued on 1 April 2019.

You may like to take this opportunity to review your investment option instruction and make the most suitable investment options that fit your circumstances.

Important notes

  • The information contained in this website is for reference only and will be updated from time to time without notice. The provisions of the Mandatory Provident Fund Schemes Ordinance, other applicable legislation/regulations and guidelines or announcements published by the Mandatory Provident Fund Schemes Authority shall prevail for any information on MPF system. If you are in doubt about the meaning or the effect of the contents of this website, you should seek independent professional advice.
  • Investments involve 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'.