economic outlook and investment strategy...performances of hang seng china enterprises index, hang...

Investment involves risks, please read the important information.

Economic Outlook and Investment Strategy

2 Investment involves risks, please read the important information.

2015 Global Major Index Ytd Performance

Source: Bloomberg Data as of 31/8/2015; Index performance calculated in base currency with gross distribution reinvested.

-3.15%-5.68%

-2.88%1.74%

6.70%-1.82%

4.63%11.74%

9.25%-9.05%

1.45%0.85%

-10.63%-6.64%-5.26%

28.76%-6.76%

-3.33%-3.33%

0.55%4.67%

27.23%5.22%

-9.68%-5.89%

-16.41%

MSCI ACWIDOW JONES INDUS. AVG

S&P 500 INDEXNASDAQ COMPOSITE INDEX

STXE 50 € PrFTSE 100 INDEX

DAX INDEXCAC 40 INDEX

NIKKEI 225TAIWAN TAIEX INDEX

KOSPI INDEXALL ORDINARIES INDXStraits Times Index STI

FTSE Bursa Malaysia KLCISTOCK EXCH OF THAI INDEX

MICEX INDEXBRAZIL IBOVESPA INDEXS&P BSE SENSEX INDEX

CSI 300 INDEXSHANGHAI SE A SHARE INDXSHANGHAI SE B SHARE INDXSHENZHEN SE A SHARE INDXSHENZHEN SE B SHARE INDX

CSI Hong Kong 100 IndexHANG SENG INDEX

HANG SENG CHINA ENT INDX


US


Economic projections Economic projections of Federal Reserve Board members (excludes the three highest and three lowest projections for each variable)

(%) 2015 2016 2017 Long Run

Change in real GDP Sept. projection 2.0-2.3 2.2-2.6 2.0-2.4 1.8-2.2

June projection 1.8-2.0 2.4-2.7 2.1-2.5 2.0-2.3

Unemployment rate Sept. projection 5.0-5.1 4.7-4.9 4.7-4.9 4.9-5.2

June projection 5.2-5.3 4.9-5.1 4.9-5.1 5.0-5.2

Source: Federal Reserve Data as of 17/9/2015

FOMC participants’ assessments of Target federal funds rate (rounded to the nearest 1/8%)

2015 2016 2017 Long Run

(%)


0

1

2

3

4

5

6

7

0

20

40

60

80

100

120

2000 2001 2002 2003 2004 2005 2006 2007

(%)

Last Rate Hike Cycle in US

*Base date of all indices 31/1/2000 with base value 100 Source: Bloomberg Data as of 28/2/2007

Relationship between Fed rate and the stock market (2000/1 – 2007/2)

S&P500 index* (L.H.S.) Dow Jones Industrial Average* (L.H.S.)

Nasdaq index* (L.H.S.) Fed fund rate(R.H.S.)


Relationship between Fed rate and stock market

Source: Bloomberg Data as of 12/31/2014

Relationship between Fed rate and the stock market (1986/1 – 2014/12)

Rate hike period

Magnitude (Number of times of rate hike)

S&P500 index price change

3/29/88- 2/24/89

3.25% (12)

10.40%

2/4/94- 2/1/95

3.00% (7)

0.13%

6/30/99- 5/16/00

1.75% (6)

6.80%

6/30/04- 6/29/06

4.25% (17)

11.57%

• Changes of S&P500 when Fed fund rate rises

S&P5

00 in

dex

Fed fund

rate

0

1

2

3

4

5

6

7

8

9

10

0

200

400

600

800

1000

1200

1400

1600

1800

2000

1986 1990 1994 1998 2002 2006 2010 2014

(%)S&P500 Index Fed fund rate Rate hike period


Relationship between Fed rate and bond market

Relationship between Fed rate and the bond market (1986/1 – 2014/12)

Rate hike period

Magnitude (Number of times of rate hike)

US 10 years Treasury yield change (b.p.)

3/29/88- 2/24/89

3.25% (12)

84.80

2/4/94- 2/1/95

3.00% (7)

178.70

6/30/99- 5/16/00

1.75% (6)

64.40

6/30/04- 6/29/06

4.25% (17)

61.30

• Changes of US 10 years Treasury when Fed fund rate rises


0

1

2

3

4

5

6

7

8

9

10

1986 1990 1994 1998 2002 2006 2010 2014

(%)Fed fund rate US 10 years treasury Rate hike period


Longer term trends in favor of US Economy

Economic Competitiveness

Demographics

Declining Reliance on Energy Imports


Economic Competitiveness

Unit Labour Cost (1980-2014)

0

50

100

150

200

250

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

2014

日木美國

德國中國

中國工資持續上升，而美國則下跌China’s wages has been rising steadily while US labour cost fell

Japan

Germany

US

China



Demographics

Population growth rate (1980-2020)

Source: United Nation Data retrieved on 2015/08

-0.5

0.0

0.5

1.0

1.5

2.0

1980 - 1985 1985 - 1990 1990 - 1995 1995 - 2000 2000 - 2005 2005 - 2010 2010 - 2015 2015 - 2020

Germany Japan China United States of America

% Average annual rate of population change


Declining reliance on energy imports

Energy net consumption 1991-2012

US energy production and consumption 1991-2012

Source: U.S. Energy Information Administration (EIA) retrieved on 2015/08

60

70

80

90

100

110

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Qua

drill

ion

Btu

Total Primary Energy ProductionTotal Primary Energy Consumption

-10

0

10

20

30

40

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Qua

drill

ion

Btu

United States Germany China Japan


Europe


Steady Manufacturing expansion

Eurozone Manufacturing PMI


40

45

50

55

60

09/2

012

11/2

012

01/2

013

03/2

013

05/2

013

07/2

013

09/2

013

11/2

013

01/2

014

03/2

014

05/2

014

07/2

014

09/2

014

11/2

014

01/2

015

03/2

015

05/2

015

07/2

015

歐元區德國

法國意大利

52.353.3

48.3

53.8

Eurozone Germany

France Italy


Eurozone Inflation and Unemployment rate

Eurozone CPI (YoY) Eurozone Unemployment Rate



0.2%

-0.6%

4.0%

-1

0

1

2

3

4

5

2008 2009 2010 2011 2012 2013 2014 2015

(%)

10.9%

0

2

4

6

8

10

12

14

2008 2009 2010 2011 2012 2013 2014 2015

(%)


0.30% 0.05% -0.20%


ECB lowered interest rate

ECB Key Interest Rate

-0.5

0

0.5

1

1.5

2

2.5

08/2

010

11/2

010

02/2

011

05/2

011

08/2

011

11/2

011

02/2

012

05/2

012

08/2

012

11/2

012

02/2

013

05/2

013

08/2

013

11/2

013

02/2

014

05/2

014

08/2

014

11/2

014

02/2

015

05/2

015

08/2

015

ECB Deposit Rate

ECB Main Refinancing Rate

ECB Marginal Lending Rate


ECB adopts easing policy

Euro against USD

• Under the ECB’s bond buying program, launched in March, the central bank is buying €60 billion public and private debt securities every month, with a targeted end date of September 2016.

$1.1211

1

1.2

1.4

1.6

1.8

2008 2009 2010 2011 2012 2013 2014 2015



China


Investment Themes

SOE Reform

One Belt, One Road

Financial Reform


‘New Normal’ of Economic Growth


China’s GDP growth (Year on year)

7.6%

7.4%

7.9% 7.8%

7.5%

7.9%

7.6%

7.4%

7.5%

7.3%

7.3%

7.0%7.0%

6.0%

6.5%

7.0%

7.5%

8.0%

8.5%

9.0%

06/2

012

09/2

012

12/2

012

03/2

013

06/2

013

09/2

013

12/2

013

03/2

014

06/2

014

09/2

014

12/2

014

03/2

015

06/2

015


Internationalization Progress of Chinese Stock Market

Source: CSRC, SAFE

Date Progress

17 Nov 2014 Shanghai-HK Stock Connect officially launched

Nov 2014 Announced tax exemption policy on Shanghai-HK Stock Connect, QFII and RQFII

Mar 2015 Lifted the US$1 billion QFII investment quota limit for overseas fund management companies

15 May 2015 Clarified the ‘nominee holder’ concept of Shanghai-HK Stock Connect

1 Jul 2015 Mainland-Hong Kong Mutual Fund Recognition officially launched, with an initial quota of RMB300 billions

2H of 2015 Shenzhen-HK Stock Connect expected to be launched


Cut Rate and Relax RRR to Boost Liquidity

Overnight SHIBOR rate


1 Year Deposit and Lending Rate in China


0.0%

3.0%

6.0%

9.0%

12.0%

15.0%

08/2

012

11/2

012

02/2

013

05/2

013

08/2

013

11/2

013

02/2

014

05/2

014

08/2

014

11/2

014

02/2

015

05/2

015

08/2

015

1.801%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

08/2

010

12/2

010

04/2

011

08/2

011

12/2

011

04/2

012

08/2

012

12/2

012

04/2

013

08/2

013

12/2

013

04/2

014

08/2

014

12/2

014

04/2

015

08/2

015

1 Year Lending Rate

1 Year Deposit Rate

4.60%

1.75%


SOE Reform

Source: Great transition. This time it will be different; CLSA (May 2014)

SOE Percentage to all industrial enterprises Expected ROE of industrial enterprises


‘One Belt, One Road’ Project

• China will contribute US$40 billion to the Silk Road Infrastructure Fund

• To assist countries in SE Asia, Central Asia and Africa to build up their infrastructure, in particular high-speed rail and nuclear plants, so as to offload excess capacity

Silk Road Economic Belt and 21st Century Maritime Silk Road

Source: CNSY News


Achieve a Higher Quality Growth by Economic Restructuring

Source: National Bureau of Statistics of China Data as of 2014

Contributions to China GDP Growth by the Three Components(%)

-40%

-20%

0%

20%

40%

60%

80%

100%

Net export

Investment

Consumption


Chinese & HK Stock Market Performances


Performances of Hang Seng China Enterprises Index, Hang Seng Index, Shanghai SE Composite Index

-30%

-15%

0%

15%

30%

45%

60%

75%

90%

105%

120%

135%

150%

08/14 09/14 10/14 11/14 12/14 01/15 02/15 03/15 04/15 05/15 06/15 07/15 08/15

Hang Seng China Enterprises Index

Hang Seng Index

Shanghai SE Composite Index

48.19%

-9.69%-9.43%



China & HK - Two of the World’s Cheapest Markets

Major Stock Market Index Historical High Date

Historical High

Previous Closing

Diff from Historical

High

PE Ratio Earning Growth Forecast 31 Aug 5-Year

Average

MSCI ACWI Index 5/21/2015 442.70 396.73 10.38% 16.90 15.83 10.85%

Dow Jones Industrial Index 5/19/2015 18312.39 16528.03 9.74% 14.43 14.26 8.95%

S&P 500 Index 5/21/2015 2130.82 1972.18 7.45% 17.44 16.09 10.50%

FTSE 100 Index 4/27/2015 7103.98 6247.94 12.05% 22.75 16.36 9.66%

DAX 30 Index 4/10/2015 12374.73 10259.46 17.09% 16.17 15.10 8.79%

Nikkei 225 Index 12/29/1989 38915.87 18890.48 51.46% 19.73 20.96 9.72%

Bangkok SET Index 1/4/1994 1753.73 1382.41 21.17% 17.25 16.20 14.55%

Jakarta SE Composite Index 4/7/2015 5523.29 4509.61 18.35% 23.41 20.09 17.00%

India BSE SENSEX Index 1/29/2015 29681.77 26283.09 11.45% 20.78 17.91 17.83%

CSI 300 Index 10/16/2007 5877.20 3366.54 42.72% 13.66 13.53 12.67%

Hang Seng Index 10/30/2007 31638.22 21670.58 31.51% 9.38 10.70 7.91%

Hang Seng China Ent Index 10/30/2007 20400.07 9741.41 52.25% 6.94 9.19 7.56%


Important Information

• Investment involves risk and is subject to market fluctuations and inherent risks. Investment in emerging markets involves special risks and considerations. Investors could face no returns and / suffer significant loss related to the investments. Past performance is not indicative of future performance.

• The information contained herein is based on sources believed to be reliable. Information, opinions and projections in this document reflect a judgment at its original date of publication and are subject to change without notice.

• The information, opinions and projections contained herein are for reference only. This document should not be reproduced or further distributed to any person or entities, whether in whole or in part, for any purposes.

• This document does not constitute any distribution, or any recommendation, offer, invitation or solicitation to buy or sell any investment.

• This document is issued by BOCI-Prudential Asset Management Limited. It has not been reviewed by the SFC.

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet – Company ProfileBOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet – Company Profile

Important Information

• BOC-Prudential MPF Conservative Fund (formerly known as “BOC-Prudential Capital Preservation Fund”) in BOC-PrudentialEasy-ChoiceMandatoryProvidentFundSchemedoesnotguaranteetherepaymentofcapital.

• Youshouldconsideryourownrisktolerancelevelandfinancialcircumstancesbeforemakinganyinvestmentchoices.When,inyourselectionoffunds,youareindoubtastowhetheracertainfundissuitableforyou(includingwhetheritisconsistentwithyourinvestmentobjectives),youshouldseekfinancialand/orprofessionaladviceandchoosethefund(s)mostsuitableforyoutakingintoaccountyourcircumstances.

• Intheeventthatyoudonotmakeanyinvestmentchoices,pleaseberemindedthatyourcontributionsmadeand/orbenefitstransferred intoBOC-PrudentialEasy-ChoiceMandatoryProvidentFundSchemewillbe invested intoBOC-PrudentialStableFund inaccordancewiththedefault fundarrangementasstated inmemberenrolmentformandprincipalbrochuresection4.4,andsuchfundmaynotnecessarilybesuitableforyou.

• FeesandchargesofaMPFconservativefundcanbedeductedfromeither(i)theassetsofthefundor(ii)members’accountbywayofunitdeduction.TheBOC-PrudentialMPFConservativeFundusesmethod(i)and,therefore,unitprices/NAV/fundperformancequotedhaveincorporatedtheimpactoffeesandcharges.

• Youshouldnotsolelyrelyonthestand-alonemarketingmaterialtomakeanyinvestmentdecision,pleaserefertothePrincipalBrochureofBOC-PrudentialEasy-ChoiceMandatoryProvidentFundSchemeforfurtherdetails(includingriskfactors,feesandcharges,andfundinformation).

About BOCI-Prudential

One-stop MPF ServicesBOCI-PrudentialAssetManagementLimitedandBOCI-PrudentialTrusteeLimitedprovideyouatotalMPFservicesolution,whichincludesinvestmentmanagement,trustee,custodyandadministrationinordertomeetdifferentneedsofyouandmembers.

LeveragingontheBOCIandPrudential,togetherwithadedicatedteamofinvestmentandadministrationprofessionals, BOCI-Prudential not only assist you in approaching a fruitful retirement, but alsoendeavors to provide quality and diversified services in order to offer you a simple, relaxing andconvenientMPFsolution.

ThesubsidiariesofBankofChinaLimited(formerlyknownasBankofChina)andPrudentialplcestablishtwojointventures-BOCI-PrudentialAssetManagementLimitedandBOCI-PrudentialTrusteeLimitedin1999.

Founded in Hong Kong, BOCI-Prudential Asset Management Limited is an asset managementcompany,offeringabroadspectrumofinvestmentproducts ranging from Hong Kong MandatoryProvident Fund Scheme (“MPF”), pension funds,retailunittrusts,toexchangetradedfunds,apartfrom the tailor-made investment strategies forindividualandinstitutionalclients.

BOCI-Prudential Trustee Limited primarilyoffers trust and administration services for MPFandretirementschemes,andisactivelydevelopingtrusteeandcustodianservicesofunittrustfunds.

Managementand

Administration

BOCI-PrudentialTrusteeLimitedTrustee Administrator Custodian

BOCI-PrudentialAssetManagementLimitedInvestmentManager

BOCI-PrudentialTrusteeLimited

BOCI-PrudentialAssetManagementLimited

InvestedHK$600Million

BOCInternationalHoldingsLimited

BankofChina(HongKong)Limited

PrudentialHoldingsLimited

BOCInternationalHoldingsLimited

PrudentialHoldingsLimited

BOCI-Prudential–CommitmenttoServicesExcellence

At 1999

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet – Supporting ServicesBOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet – Supporting Services

Supporting ServicesMPF News Update

MPF Newsletter will be sent to you regularly. You may fill in your e-mail address in the member enrolment form to get the updated MPF news via e-mail.

Enquiry Services and Information Update

You can always obtain the latest information of your MPF account via Internet, The HK Polytechnic University MTS Administration Hotline or ATM. You can also reallocate your existing investment account balances or change the investment fund mandate for your future contributions via Internet or The HK Polytechnic University MTS Administration Hotline.

Electronic Services

Internet

The HK Polytechnic

University MTS Administration

Hotline

Smartphones ATM

Bank of China (HK) Internet

Banking- Personal

Customers

Contribution Enquiries 3 3 3 3 3

Account Balance Enquiries 3 3 3 3 3

Fund Prices Enquiries 3 3 3 N/A N/A

Change of Investment Fund Mandate for Future Contributions

3 3 3 N/A N/A

Re-balancing of Existing Investment Account Balances

3 3 3 N/A N/A

E-statements and Notices 3 N/A 3 N/A N/A

Forms Request/Principal Brochure 3 3 N/A N/A N/A

Communication Channels

You are welcome to contact us via the following channels to inquire and obtain information:

Communication Channels

The HK Polytechnic University MTS Administration Hotline

2290-1010

The HK Polytechnic University MPF Product Hotline 2280-8694

Facsimile Number 2151-0999

Web-sitehttp://www.boci-pru.com.hk

http://www.bocpt.com

[email protected]

[email protected]

Correspondence Address Unit 2403, 24/F., Citicorp Centre, 18 Whitfield Road, Causeway Bay, Hong Kong

ATM/Jetco Network ATM network of Bank of China (HK)/Jetco network

Customer Services Centre Unit 2403, 24/F., Citicorp Centre, 18 Whitfield Road, Causeway Bay, Hong Kong

General EnquiryThrough branches of the Bank of China (HK),

Nanyang Commercial Bank Limited and Chiyu Banking Corporation Limited

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet – Notes to MembersBOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet – Notes to Members

Notes to MembersThank you for joining BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme (the “Scheme”). The Trustee of the Scheme is BOCI-Prudential Trustee Limited (the “Trustee”). In order to let you understand the important issues to Members of the Scheme, please read the Notes to Members as stated in the following table:

Special Voluntary Contribution

You may select to contribute a Special Voluntary Contribution at any time by submitting an “Application for Special Voluntary Contribution” <Form ADDVC-ECS> to the Trustee. The key benefits of Special Voluntary Contribution are as follows:➤ Minimum contribution amount is HK$1,000 only

➤ No initial/redemption/rebalancing charges*

➤ Switch your selected investment as many times as you wish

➤ Withdraw cash for not less than HK$3,000 at any time

➤ Easy application

➤ Easy access through your MPF account

For further inquiries, please feel free to call The HK Polytechnic University MTS Administration Hotline at 2290-1010 or The HK Polytechnic University MPF Product Hotline at 2280-8694.

＊For further details about fees and charges, please refer to BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet – Fees and Charges (for The Hong Kong Polytechnic University Employees).

Choosing Investment Portfolio

You may choose to invest in the constituent funds by indicating your investment choice in the enrolment form. If you do not make any investment choices or the total of the allocated percentage of your investment choices does not equal to 100%, your contributions made and/or benefits transferred will be 100% invested into the BOC-Prudential Stable Fund in accordance with the default fund arrangement as stated in the member enrolment form and section 4.4 of the Principal Brochure.

You may give fund rebalancing instruction by submitting to the Trustee a “Change of Investment Fund Instruction” <FORM EC-SM-REBALANCE> or via The HK Polytechnic University MTS Administration Hotline/Internet/Smartphones.

Portability of Accrued Benefits

Subject to the Mandatory Provident Fund Schemes (General) Regulation, you may choose to transfer your accrued benefits to one of the following accounts when you change job:

➤ a separate personal account* under the Scheme; or

➤ your new employer’s MPF account with the Trustee.

To facilitate this transfer, you should submit “Scheme Member’s Request for Fund Transfer Form” <FORM MPF(S)-P(M)> to the Trustee.

Alternatively, you can elect to transfer your accrued benefits to your new employer’s MPF account or a new account with another MPF approved trustee by submitting “Scheme Member’s Request for Fund Transfer Form” <FORM MPF(S)-P(M)> to your new trustee.

If no fund transfer request is made 3 months after the Trustee is notified of cessation of your employment, all your accrued benefits will be transferred to a personal account* under the Scheme.

Withdrawal of Accrued Benefits

Subject to the Mandatory Provident Fund Schemes Ordinance and the Mandatory Provident Fund Schemes (General) Regulation, you may withdraw all your accrued benefits under the following circumstances:

(a) Attain the normal retirement age of 65; or

(b) Early retired between 60 and 64; or

(c) Death (your personal representatives may claim for the benefits); or

(d) Permanent departure from Hong Kong; or

(e) Total incapacity; or

(f) Small balance account:

- your accrued benefits kept in the Scheme is less than HK$5,000; and- at least 12 months have elapsed since the contribution day in respect of the latest contribution

period for which a mandatory contribution is required to be made to the Scheme or to any other registered scheme by or in respect of you; and

- you do not intend to be employed or self-employed in the foreseeable future; and- you do not have any accrued benefits kept in any other registered MPF scheme.

If you fulfil any one of the above criteria, you or your claimant can submit a “Claim Form For Payment of Accrued Benefits” <FORM MPF(S)-W> together with relevant supporting document and required statutory declaration to the Trustee.

Update of Personal Information

Submit a “Notice of Change of Scheme Member’s Particulars” <FORM SM-CHG (PART)> to the Trustee within one month from the effective date of any changes to your personal information, such as correspondence/email address or contact telephone number. Alternately, such information can also be updated via Internet/Smartphones.

Tax Concession Mandatory contribution made by a member is tax deductible. Please refer to the Inland Revenue Ordinance for further details.

* Before the commencement of MPF Employee Choice Arrangement on 1 November 2012, “Personal Account” is known as “Preserved Account”.

This Note is for reference only. Please refer to the latest announcement of the Mandatory Provident Fund Schemes Authority for updated information on the legislative requirements.

Investment involves risks. Past performance is not indicative of future performance. Price of units and the income from them may go down as well as up. Please refer to the Principal Brochure of the Scheme before making any investment decision.

+ “ApprovedITCIS”means“index-trackingcollectiveinvestmentschemeapprovedbyMPFA”.1 BOC-PrudentialChinaEquityFund,BOC-PrudentialHongKongEquityFund,BOC-PrudentialAsiaEquityFund,BOC-PrudentialGlobalEquityFund,BOC-PrudentialGrowthFund,BOC-

PrudentialBalancedFundandBOC-PrudentialStableFundwill invest inthesub-fund(s)oftheBOC-PrudentialUnitTrustFund,which isanumbrellaunittrust(the“UmbrellaUnitTrust”)and/orapprovedITCIS+managedbytheinvestmentmanagerofBOC-PrudentialEasy-ChoiceMandatoryProvidentFundScheme.

2 BOC-PrudentialJapanEquityFundandBOC-PrudentialBondFundwillinvestinthesub-fund(s)oftheUmbrellaUnitTrust.3 BOC-PrudentialCSIHK100TrackerFundwillinvestintheapprovedITCIS+–W.I.S.E.–CSIHK100TrackerTM.BOC-PrudentialEuropeanIndexTrackingFundandBOC-PrudentialNorth

AmericaIndexTrackingFundwillinvestintheapprovedITCIS+–BOC-PrudentialEuropeanIndexFundandBOC-PrudentialNorthAmericaIndexFundrespectively.Theperformanceofthethreeconstituentfundsmaynotbeidenticaltothatoftherelevantbenchmarkindex.Investmentineachconstituentfundisessentiallysubjecttothesamerisksofitsunderlyingindexfund.Pleaserefertothe“RiskFactors”sectioninPrincipalBrochureofBOC-PrudentialEasy-ChoiceMandatoryProvidentFundSchemeformoredetails.

4 BOC-PrudentialMPFConservativeFundwilldirectly invest inpermissible investments.Investment inthisconstituentfundisnotthesameasplacingfundsondepositwithabankordeposittakingcompanyandthatthereisnoobligationtoredeemtheinvestmentatthesubscriptionvalueandtheconstituentfundisnotsubjecttothesupervisionoftheHongKongMonetaryAuthority.

5 Therisklevel isdeterminedbyBOCI-PrudentialAssetManagementLimitedandrepresentsonlytheviewsofBOCI-PrudentialAssetManagementLimitedinrespectoftherelevantconstituentfunds.Therisklevelisanillustrationoftheextentofrisksassociatedwiththerelevantconstituentfundsbyreferencetothetypeofinvestmentsmade.Suchrisklevelisforreferenceonlyandshouldnotberegardedasinvestmentadvice.Youshouldnotrelyontherisklevelwhenmakinganyinvestmentdecision.Theriskprofilewillbereviewedand(ifappropriate)updatedatleastannuallytakingintoaccounttheprevailingmarketcircumstances.Therisklevelsarecategorizedintoverylow,low,moderate,highandveryhigh.

Fund Name, Investment Objective and Policy Normal Asset Allocation Risk Level5

Equity FundsBOC-Prudential China Equity Fund1

• Aimstoprovidelongtermcapitalgrowth• Investsat least70%oftheFund’snon-cashassets intheChinaequitysub-fundoftheUmbrella

UnitTrustand/orequity-relatedapprovedITCIS+managedbytheInvestmentManager

UmbrellaUnitTrust:Chinaequitysub-fund 60–100%

ApprovedITCIS+ 0– 10%Cashandtimedeposits 0– 30%

VeryHigh

BOC-Prudential Hong Kong Equity Fund1

• Aimstoprovidelongtermcapitalgrowth• Investsatleast70%oftheFund’snon-cashassetsintheHongKongequitysub-fundoftheUmbrella


UmbrellaUnitTrust:HongKongequitysub-fund 60–100%


High

BOC-Prudential Japan Equity Fund2

• Aimstoachievelongtermcapitalgrowth• InvestsprimarilyintheJapanequitysub-fundoftheUmbrellaUnitTrust

UmbrellaUnitTrust:Japanequitysub-fund 70–100%

Cashandtimedeposits 0– 30%High

BOC-Prudential Asia Equity Fund1

• Aimstoachievelongtermcapitalgrowth• Investsatleast70%oftheFund’snon-cashassetsintheAsia(excludingJapan)equitysub-fund

of the Umbrella Unit Trust and/or equity-related approved ITCIS+ managed by the InvestmentManager

UmbrellaUnitTrust:Asiaequitysub-fund 60–100%


High

BOC-Prudential Global Equity Fund1

• Seekstoachievelongtermcapitalgrowth• Investsat least70%oftheFund’snon-cashassets indifferentequitysub-fundsoftheUmbrella


UmbrellaUnitTrust: 40–100%Globalequitysub-fund 20– 80%Asiaequitysub-fund 0– 40%Chinaequitysub-fund 0– 30%HongKongequitysub-fund 0– 30%Japanequitysub-fund 0– 30%Europeanequitysub-fund 0– 50%


High

Equity Funds - Index Tracking Series

BOC-Prudential CSI HK 100 Tracker Fund3

• Aimstoachievelongtermcapitalgrowth• Currently,investsexclusivelyinanindexfundapprovedasITCIS+selectedbytheInvestmentManager–

W.I.S.E.–CSIHK100TrackerTM,anindex-trackingexchangetradedfundwhichseekstotracktheperformanceoftheCSIHongKong100Indexbyadoptingarepresentativesamplingstrategy

ApprovedITCIS+

W.I.S.E.–CSIHK100 90–100%TrackerTM

Cashandtimedeposits 0– 10%

High

BOC-Prudential European Index Tracking Fund3

• Aimstoachievelongtermcapitalgrowth• Currently, invests exclusively in an index fund approved as ITCIS+ selected by the Investment

Manager–theBOC-PrudentialEuropeanIndexFund,whichseekstoprovideinvestmentperformance(beforefeesandexpenses)thattrackstheperformanceoftheFTSEMPFEuropeIndex(unhedged)primarilybyadoptingarepresentativesamplingstrategy

ApprovedITCIS+

BOC-PrudentialIndexFundSeries:BOC-Prudential 90–100%EuropeanIndexFund


High

BOC-Prudential North America Index Tracking Fund3

• Aimstoachievelongtermcapitalgrowth• Currently,investsexclusivelyinanindexfundapprovedasITCIS+selectedbytheInvestmentManager–

the BOC-Prudential North America Index Fund, which seeks to provide investment performance(before fees and expenses) that tracks the performance of the FTSE MPF North America Index(unhedged)primarilybyadoptingarepresentativesamplingstrategy

ApprovedITCIS+

BOC-PrudentialIndexFundSeries:BOC-PrudentialNorth 90–100%AmericaIndexFund


High

Mixed Assets Funds

BOC-Prudential Growth Fund1

• Seekstoachieveareturnhigherthantheaveragecapitalappreciation• Investsprimarilyinacombinationoftheequitysub-fundsoftheUmbrellaUnitTrustand/orapproved

ITCIS+managedbytheInvestmentManagertoformaglobalequityportfolio

Equities 70–100%Bonds 0– 30%Cash,timedeposits,money 0– 20%marketorfixedincomesecurities

High

BOC-Prudential Balanced Fund1

• Seekstoachievealongtermcapitalgrowth• Investsinamixofequityandbondsub-fundsoftheUmbrellaUnitTrustand/orapprovedITCIS+

managedbytheInvestmentManager

Equities 40– 80%Bonds 20– 60%Cash,timedeposits,money 0– 20%marketorfixedincomesecurities

ModeratetoHigh

BOC-Prudential Stable Fund1

• Reducestheriskofcapitallosseswhileattemptingtoachieveareasonablelevelofcapitalgains• Investsinamixofequityandbondsub-fundsoftheUmbrellaUnitTrustand/orapprovedITCIS+

managedbytheInvestmentManagerinaconservativemanner

Equities 10– 50%Bonds 40– 90%Cash,timedeposits,money 0– 20%marketorfixedincomesecurities

LowtoModerate

Bond Fund

BOC-Prudential Bond Fund2

• Seekstoprovideastableincomestreamandlongtermcapitalappreciation• Investsprimarilyintheglobalbondsub-fundoftheUmbrellaUnitTrust

UmbrellaUnitTrust:Globalbondsub-fund 70–100%


LowtoModerate

Money Market Fund

BOC-Prudential MPF Conservative Fund4

• AimsatachievingareturnhigherthantheinterestrateinHongKongdollarsavingsaccount• Investsindepositsanddebtsecuritieswithanaverageportfoliomaturityofnotexceeding90days

andwillhaveatotalvalueofHongKongdollarcurrencyinvestmentsequaltothetotalmarketvalueoftheconstituentfund

Depositsanddebtsecurities 100% VeryLow

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet – Investment ChoicesBOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet – Investment Choices

Investment involves risks. Past performance is not indicative of future performance. Price of units and the income from them may go down as well as up. Please refer to the Principal Brochure of the Scheme before making any investment decision.

The above information is for your reference only. You should not solely rely on the stand-alone information to make any investment decision.

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 a certain fund is suitable for you (including 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 circumstances.

1 Themanagementfeeswillbecalculatedonthebasisofapercentageofthenetassetvalueperannum(“NAVperannum”)oftheconstituentfundandthesub‐fundoftheumbrellaunittrustorapprovedITCISasthecasemaybe.SuchfeeincludesTrusteeFee(onconstituentfundslevelandonUmbrellaUnitTrustandApprovedITCIS+levels)andInvestmentManagementFeeandisdependentofthefundschosen.Managementfeeswillbepayablemonthlyinarrearsandshallbeaccruedoneachdealingday.

Thisisthecurrentlevel.Inrespectofanyincreaseinfeesandchargesuptothemaximumlevel,atleastthreemonthspriornoticewillbegiven.Forfurtherdetailsofotherfeesandcharges(suchasfeesandexpensesofthecustodiansorsub‐custodiansoftheassetsoftheScheme,tax,stampduty,registrationfee,custodyandnomineecharges,auditandlegalfees),pleaserefertoSection7‐ “FeesandCharges”ofthePrincipalBrochureoftheScheme.

2 The rebate iscalculatedbasedon theyearlyaveragenetassetvalue(“yearlyaverageNAV”)of theconstituent fundsand the rateof rebateandwillbecreditedannually.TheyearlyaverageNAViscalculatedbasedontheaverageofthequarterlyNAV.ThequarterlyaverageNAVistheaverageofthebeginningbalanceandendingbalanceofaquarter.Thestartdatesofthequartersare1January,1April,1Julyand1Octoberandtheenddatesofthequartersare31March,30June,30Septemberand31December.Therebatewillbepaidintheformofunitallotmentwithin45daysofthefinancialyearendoftheScheme.FormemberswholeavetheSchemeduringthefinancialyearoftheScheme,therebatewillbecalculateduptothedateofterminationandwillbepaidwithin45daysofthefinancialyearendoftheScheme.

3 Theperformanceoftheconstituentfundsmaynotbeidenticaltothatoftherelevantbenchmarkindex.Investmentineachconstituentfundisessentiallysubjecttothesamerisksofitsunderlyingindexfund.Thekeyriskstowhichtheconstituentfundsaresubjecttoinclude:specificrisksontrackingtherelevantbenchmarkindex,trackingerrorrisk,sectorconcentrationrisk,geographicalconcentrationrisk,passivemanagementrisk,indexcalculationriskandtaxrisk,etc.Pleaserefertothe“RiskFactors”sectioninPrincipalBrochureofBOC-PrudentialEasy-ChoiceMandatoryProvidentFundSchemeformoredetails.

FeesandChargesSpecial Arrangement on Fees and Charges for The Hong Kong Polytechnic University Employees

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet – Fees and Charges(for The Hong Kong Polytechnic University Employees)

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet – Fees and Charges(for The Hong Kong Polytechnic University Employees)

Offer Spread^: Nil(NotapplicabletoBOC-PrudentialMPFConservativeFund6)

Bid Spread^: Nil(NotapplicabletoBOC-PrudentialMPFConservativeFund6)

Joining Fee^: Waived

4 ForBOC-PrudentialCSIHK100TrackerFund,aspecialrebate2at0.2625%ofyearlyaverageNAVwillbeofferedduringthepromotionalperiod(upto31March2013).

5 ForBOC-PrudentialEuropeanIndexTrackingFundandBOC-PrudentialNorthAmericaIndexTrackingFund,aspecialrebate2at0.3525%ofyearlyaverageNAVwillbeofferedduringthepromotionalperiod(upto31March2013).Afterthepromotionalperiod(startingfrom1April2013),astandardrebate2at0.09%ofyearlyaverageNAVwillbeoffereduntilfurthernotice.

6 IftheamountofincomeandprofitsfromthefundsoftheBOC-PrudentialMPFConservativeFundinaparticularmonthexceedstheamountofinterestthatwouldbeearnedifthosefundshadbeenplacedondepositinaHongKongdollarsavingsaccountattheprescribedsavingrate,anamountnotexceedingtheexcessmaybedeductedfromtheBOC-PrudentialMPFConservativeFundasadministrativeexpensesforthatmonth;orifinaparticularmonthnoamountisdeductedasaforesaidortheamountthatisdeductedislessthantheactualadministrativeexpensesforthemonth,thedeficiencymaybedeductedfromtheamountofanyexcessthatmayremaininanyofthefollowing12monthsafterdeductingtheadministrativeexpensesapplicabletothatfollowingmonth.

+ “ApprovedITCIS”means“index-trackingcollectiveinvestmentschemeapprovedbytheMPFA”.^ Thisisthecurrentlevel.Inrespectofanyincreaseinfeesandchargesuptothemaximumlevel,atleastthreemonthspriornoticewillbegiven.Forfurther

detailsofotherfeesandcharges(suchasfeesandexpensesofthecustodiansorsub‐custodiansoftheassetsoftheScheme,tax,stampduty,registrationfee,custodyandnomineecharges,auditandlegalfees),pleaserefertoSection7–“FeesandCharges”ofthePrincipalBrochureoftheScheme.

Investmentinvolvesrisks.TheportfoliooftheSchemeissubjecttomarketfluctuationsandexchangeratefluctuationsandtotherisksinherentinallinvestments.Thesubscriptionandredemptionpricesofunitsoftheconstituentfundsmaygodownaswellasup.PleaserefertothePrincipalBrochureoftheSchemeforfurtherdetails.

Issuer:BOCI-PrudentialAssetManagementLimited

Type of Constituent Fund

Management Fee1

(Current Level)(constituent funds and Umbrella Unit Trust /

Approved ITCIS Level)(%ofNAVperannum)

Standard Fee Rebate2 available to The Hong Kong Polytechnic University

Employees(%ofyearlyaverageNAV)

Equity Funds

BOC-Prudential China Equity Fund

1.6375% 0.6375%

BOC-Prudential Hong Kong Equity Fund

BOC-Prudential Japan Equity Fund

BOC-Prudential Asia Equity Fund

BOC-Prudential Global Equity Fund

Equity Funds - Index Tracking Series

BOC-Prudential CSI HK 100 Tracker Fund3 0.90% N/A4

BOC-Prudential European Index Tracking Fund3

0.99% 0.09%5

BOC-Prudential North America Index Tracking Fund3

Mixed Assets Funds

BOC-Prudential Growth Fund

1.6375% 0.6375%BOC-Prudential Balanced Fund

BOC-Prudential Stable Fund

Bond Fund

BOC-Prudential Bond Fund 1.4875% 0.6375%

Money Market Fund

BOC-Prudential MPF Conservative Fund6 0.80% N/A

強積金投資服務MPF Investment Services

IMPORTANT INFORMATION 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 a certain fund is suitable for you (including 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 circumstances.

In the event that you do not make any investment choices, please be reminded that your contributions made and/or benefits transferred into BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme will be invested into BOC-Prudential Stable Fund in accordance with the default fund arrangement as stated in member enrolment form and principal brochure section 4.4, and such fund may not necessarily be suitable for you.

Fees and charges of a MPF conservative fund can be deducted from either (i) the assets of the fund or (ii) members’ account by way of unit deduction. The BOC-Prudential MPF Conservative Fund uses method (i) and, therefore, unit prices/ NAV/ fund performance quoted have incorporated the impact of fees and charges.

You should not solely rely on the stand-alone document to make any investment decision, please refer to the Principal Brochure of BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme for further details (including risk factors, fees and charges, and fund information).

Adding New Constituent Fund and Updating Risk Levels for Existing Constituent Funds

With effect from 2 April 2013, the newly established constituent fund - BOC-Prudential MPF RMB & HKD Money Market Fund1 (this constituent fund is denominated in HKD only and not in RMB) is available under the BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme (“the Scheme”). This constituent fund seeks to achieve long-term total returns by primarily investing in a portfolio of money market and debt instruments denominated in RMB and HKD. The management fee2 for this constituent fund is 0.8% of NAV per annum. Please refer to the Principal Brochure of the Scheme for further details. In addition, the risk levels of the existing constituent funds under the Scheme are updated as follows:

Constituent Funds New Risk Levels3

Equity Funds BOC-Prudential China Equity Fund HighBOC-Prudential Hong Kong Equity Fund HighBOC-Prudential Japan Equity Fund HighBOC-Prudential Asia Equity Fund HighBOC-Prudential Global Equity Fund HighEquity Funds – Index Tracking Series BOC-Prudential CSI HK 100 Tracker Fund HighBOC-Prudential European Index Tracking Fund HighBOC-Prudential North America Index Tracking Fund HighMixed-Asset Funds BOC-Prudential Growth Fund HighBOC-Prudential Balanced Fund Medium to HighBOC-Prudential Stable Fund MediumBond Fund BOC-Prudential Bond Fund MediumMoney Market Funds BOC-Prudential MPF RMB & HKD Money Market Fund1, 4 (this constituent fund is denominated in HKD only and not in RMB) Low to MediumBOC-Prudential MPF Conservative Fund4, 5 Low

1 This constituent fund invests at least 50% of its net asset value in assets denominated and settled in RMB, and thus is subject to RMB currency risk. RMB is not freely convertible and is subject to policies of exchange controls and repatriation restrictions. There is no guarantee that the RMB will not depreciate or RMB will not be subject to devaluation. Besides, this constituent fund is also subject to risk relating to limited pool of investments, credit/insolvency risk of counterparties, liquidity risks, emerging market risk and interest rates risk, etc.. For further details, please refer to Section 3.2 – “Risk Factors” of the Principal Brochure of BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme. 2 Management fees currently comprise of trustee fee and investment management fee only and will be payable monthly in arrears and shall be accrued on each dealing day but will only be payable to the Trustee and the Investment Manager in a particular month in the following circumstances: (a) if the amount of income and profits from the funds of the BOC-Prudential MPF RMB & HKD Money Market Fund (this constituent fund is denominated in HKD only and not in RMB) in that particular month exceeds the amount of interest that would be earned if those funds had been placed on deposit in a Hong Kong dollar savings account at the prescribed savings rate (as prescribed by the Mandatory Provident Fund Schemes Authority from time to time pursuant to section 37 of the Mandatory Provident Fund Schemes (General) Regulation), an amount not exceeding the excess may be deducted from BOC-Prudential MPF RMB & HKD Money Market Fund (this constituent fund is denominated in HKD only and not in RMB) as management fees for that month; (b) if in a particular month no amount is deducted under (a) above or the amount that is deducted is less than the actual management fees for the month, the management fees in that particular month is considered to be waived or partially waived by the Trustee and the Investment Manager (as the case may be) and the deficiency will not be deducted from the amount of any excess that may remain in any of the following months. In respect of any increase in fees and charges from the current level (up to a permitted maximum level), at least three months prior notice will be given. For details of other fees and charges, please refer to Section 7 – “Fees and Charges” of the Principal Brochure of BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme. 3 The new risk levels are categorized into low, low to medium, medium, medium to high and high. The risk levels are determined by BOCI-Prudential Asset Management Limited based on the investment mix of each constituent fund and/or its underlying investments, and represent only the views of BOCI-Prudential Asset Management Limited in respect of the relevant constituent funds. Such risk levels are for reference only and should not be regarded as investment advice. You should not rely on the risk levels only when making any investment decision. The risk profile is determined based on data as at 31 December 2012 and will be reviewed and (if appropriate) updated at least annually taking into account the prevailing market circumstances. If you are in doubt about the information of risk level, you should seek independent financial and/or professional advice. 4 Members of the Scheme should note that investment in the BOC-Prudential MPF RMB & HKD Money Market Fund (this constituent fund is denominated in HKD only and not in RMB) and BOC-Prudential MPF Conservative Fund are not the same as placing funds on deposit with a bank or deposit-taking company and that there is no obligation to redeem the investment at the subscription value and that these two constituent funds are not subject to the supervision of the Hong Kong Monetary Authority. 5 Fees and charges of a MPF conservative fund can be deducted from either (i) the assets of the fund or (ii) members’ account by way of unit deduction. The BOC-Prudential MPF Conservative Fund uses method (i) and, therefore, unit prices/NAV/fund performance quoted have incorporated the impact of fees and charges. Investment involves risks. The portfolio of the Scheme is subject to market fluctuations and exchange rate fluctuations and to the risks inherent in all investments. The subscription and redemption prices of units of the constituent funds may go down as well as up. Please refer to the Principal Brochure of the BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme for further details. For any enquiry, please contact our MPF Application and Product Hotline at (852) 2280 8686. This document is issued by BOCI-Prudential Asset Management Limited.

重要資訊 Important Information‧ 在作出任何投資選擇前，你必須評估你可承受的風險程度及本身的財務狀況；當你選擇基金時，若不能肯定某些基金是否適合自己（包括是否與你的投資目標一致），你應諮詢財務及╱或專業人士的意見，以作出最切合個人狀況的基金選擇。

‧ 若你沒有選擇任何投資分佈，請緊記你所作出的供款及╱或轉移入中銀保誠簡易強積金計劃的累算權益將根據成員申請表及介紹手冊第4.4部份所指的預設基金安排，被視為投資於中銀保誠平穩基金，而此基金並不一定適合你。

‧ 強積金保守基金的費用及收費可（一）透過扣除資產收取；或（二）透過扣除成員賬戶中的單位收取。中銀保誠強積金保守基金採用方式（一）收費，故所列之單位價格╱資產淨值╱基金表現已反映費用及收費之影響。

‧ 你不應只依賴這宣傳品來作出任何投資決定，計劃詳情（包括風險因素、費用及收費及基金資料）請參閱中銀保誠簡易強積金計劃之介紹手冊。

‧ 投資涉及風險。成分基金單位價格可跌亦可升。過去的表現並不代表未來的表現。

‧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 a certain fund is suitable for you (including 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 circumstances.

‧In the event that you do not make any investment choices, please be reminded that your contributions made and/or benefits transferred into BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme will be invested into BOC-Prudential Stable Fund in accordance with the default fund arrangement as stated in member enrolment form and principal brochure section 4.4, and such fund may not necessarily be suitable for you.

‧Fees and charges of a MPF conservative fund can be deducted from either (i) the assets of the fund or (ii) members’ account by way of unit deduction. The BOC-Prudential MPF Conservative Fund uses method (i) and, therefore, unit prices/NAV/fund performance quoted have incorporated the impact of fees and charges.

‧You should not solely rely on the stand-alone marketing material to make any investment decision. Please refer to the Principal Brochure of BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme for further details (including risk factors, fees and charges, and fund information).

‧Investment involves risks. Prices of units of the constituent funds may go down as well as up. The past performance information is not indicative of future performance.

強積金開戶及產品熱線 MPF Application and Product Hotline: 2280 8686

網址 Website: http://www.boci-pru.com.hk

有關中銀保誠簡易強積金計劃售後的行政文件，請郵寄至「香港銅鑼灣威非路道18號萬國寶通中心24字樓2403室，中銀國際英國保誠信託有限公司」。此外，成員可致電積金行政熱線2929 3030查詢各項強積金行政事務（包括賬戶資料、供款及其他強積金行政事務）。 Regarding the after-sales administration forms of BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme, kindly send to “BOCI-Prudential Trustee Limited, Unit 2403, 24/F., Citicorp Centre, 18 Whitfield Road, Causeway Bay, Hong Kong ”. In addition, members may call the MPF Administration Hotline at 2929 3030 for MPF administration affair enquiries (including account details, contributions and other MPF administration affairs).

香港中環花園道1號中銀大廈27字樓 27/F, Bank of China Tower,1 Garden Road, Central, Hong Kong

此文件由中銀國際英國保誠資產管理有限公司發行。註 :

This document is issued by BOCI-Prudential Asset Management Limited.Note : • 此文件所述的強積金基金均為中銀保誠簡易強積金計劃的

成分基金。• 此文件只用作提供資料性用途。所有資料更改恕不另行通知。• 文中所載之成分基金推出日期及基金價格由中銀國際英國保誠信託有限公司提供，其他資料則由中銀國際英國保誠資產管理有限公司提供。

• 您可隨時選擇不收取任何由中銀國際英國保誠資產管理有限公司所寄出的市場推廣郵件。欲作出此安排，請電郵至[email protected]。

• All MPF funds mentioned in this document are constituent funds of the BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme.

• This document is for informational purposes only. The contents of the document are subject to change without further notice.

• The Launch Date and Fund Price of constituent funds contained in this document are provided by BOCI-Prudential Trustee Limited, while other information is provided by BOCI-Prudential Asset Management Limited.

• You may at anytime choose not to receive any marketing mailings from BOCI-Prudential Asset Management Limited. To make such arrangement, please e-mail to [email protected].

BOCI-Prudential Asset Management 中銀保誠資產管理強積金每月表現概要

MPF Monthly Performance Summary

2015 7月刊 July issue

中銀保誠簡易強積金計劃成分基金表現PERFORMANCE OF CONSTITUENT FUNDS UNDER BOC-PRUDENTIAL EASY-CHOICE MPF SCHEME

數據截至2015年7月31日。投資涉及風險。過去的表現並不代表未來的表現。Data as of 31 July, 2015. Investment involves risks. The past performance information is not indicative of future performance.

1 如成分基金之年度表現於該年度不足一年，該年度表現將以成立日至該年年終作計算。If the history of the constituent fund is less than 1 year in the calendar year, the corresponding calendar year performance will be calculated from the inception date to that calendar year-end. ̂由2009年9月30日起，中銀保誠保本基金已改名為中銀保誠強積金保守基金。With effect from 30 September, 2009, BOC-Prudential Capital Preservation Fund has been renamed to BOC-Prudential MPF Conservative Fund.

‧成分基金之報價均扣除投資管理費及其他費用。有關其他費用及收費詳情，請參閱中銀保誠簡易強積金計劃之介紹手冊第7節－「費用及收費」。The prices of constituent funds were calculated after deduction of investment management fee and other respective charges. For details of other fees and charges, please refer to Section 7 – "Fees and Charges" of the Principal Brochure of BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme.

‧成分基金之表現是按單位資產淨值作為比較基礎，以港元為計算單位，其股息並作滾存投資。 Performance of constituent funds is calculated in HKD on NAV-to-NAV basis with gross dividend reinvested.

‧有關成分基金所涉及的風險，請參閱中銀保誠簡易強積金計劃之介紹手冊內第3.2節 - 「風險因素」。 For the risks that the constituent funds are subject to, please refer to the Section 3.2 – the “Risk Factors” of the Principal Brochure of BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme.

累計表現 Cumulative Performance

中銀保誠中國股票基金BOC-Prudential China Equity Fund

中銀保誠香港股票基金BOC-Prudential Hong Kong Equity Fund

中銀保誠日本股票基金BOC-Prudential Japan Equity Fund

中銀保誠亞洲股票基金BOC-Prudential Asia Equity Fund

中銀保誠環球股票基金BOC-Prudential Global Equity Fund

中銀保誠中證香港100指數基金BOC-Prudential CSI HK 100 Tracker Fund

中銀保誠歐洲指數追蹤基金BOC-Prudential European Index Tracking Fund

中銀保誠北美指數追蹤基金BOC-Prudential North America Index Tracking Fund

中銀保誠均衡基金BOC-Prudential Balanced Fund

中銀保誠債券基金BOC-Prudential Bond Fund

股票基金 (中國)Equity Fund (China)

股票基金 (香港)Equity Fund (Hong Kong)

股票基金 (日本)Equity Fund (Japan)

股票基金 (環球)Equity Fund (Global)

股票基金 (亞洲(日本除外))Equity Fund (Asia ex Japan)

股票基金 (香港) Equity Fund (Hong Kong)

股票基金 (歐洲)Equity Fund (Europe)

股票基金 (北美)Equity Fund (North America)

混合資產基金 (環球) 股票之最高分佈率為 - 80% Mixed Assets Fund (Global) Maximum equity - 80%

中銀保誠增長基金BOC-Prudential Growth Fund

混合資產基金 (環球) 股票之最高分佈率為 - 100%Mixed Assets Fund (Global) Maximum equity - 100%

債券基金 (環球)Bond Fund (Global)

中銀保誠強積金保守基金^BOC-Prudential MPF Conservative Fund^

貨幣市場基金 (香港)Money Market Fund (Hong Kong)

中銀保誠平穩基金BOC-Prudential Stable Fund

混合資產基金 (環球) 股票之最高分佈率為 - 50% Mixed Assets Fund (Global) Maximum equity - 50%

成分基金名稱Name of Constituent Fund

基金類別Fund Descriptor

推出日期Launch Date

基金價格Fund Price

三個月回報3-months Return

一年回報1-year Return

三年回報3-years Return

五年回報5-years Return

十年回報10-years Return

成立至今回報Return SinceInception

年度表現 1 Calendar Year Performance1

成分基金名稱Name of Constituent Fund

年度至今Year To Date

基金類別Fund Descriptor

中銀保誠歐洲指數追蹤基金BOC-Prudential European Index Tracking Fund

中銀保誠北美指數追蹤基金BOC-Prudential North America Index Tracking Fund

中銀保誠中國股票基金BOC-Prudential China Equity Fund

股票基金 (中國)Equity Fund (China)

中銀保誠香港股票基金BOC-Prudential Hong Kong Equity Fund

股票基金 (香港)Equity Fund (Hong Kong)

中銀保誠日本股票基金BOC-Prudential Japan Equity Fund

股票基金 (日本)Equity Fund (Japan)

中銀保誠環球股票基金BOC-Prudential Global Equity Fund

股票基金 (環球)Equity Fund (Global)

中銀保誠亞洲股票基金BOC-Prudential Asia Equity Fund

股票基金 (亞洲(日本除外))Equity Fund (Asia ex Japan)

中銀保誠中證香港100指數基金BOC-Prudential CSI HK 100 Tracker Fund

股票基金 (香港) Equity Fund (Hong Kong)

股票基金 (歐洲)Equity Fund (Europe)

股票基金 (北美)Equity Fund (North America)

中銀保誠均衡基金BOC-Prudential Balanced Fund


中銀保誠增長基金BOC-Prudential Growth Fund


4.26%

2010

N/A 不適用

N/A 不適用

N/A 不適用

0.01%

6.26%

9.68%

5.68%

7.97%

15.97%

N/A 不適用

5.73%

8.36%

1.79%

2011

-3.21%

N/A 不適用

N/A 不適用

N/A 不適用

0.14%

-20.74%

-18.56%

-18.14%

-9.51%

-20.31%

N/A 不適用

-6.55%

-13.64%

2.79%

2012

5.96%

0.49%

N/A 不適用

6.15%

0.60%

15.90%

23.14%

11.46%

12.64%

16.28%

16.02%

9.17%

14.83%

2.88%中銀保誠債券基金BOC-Prudential Bond Fund

債券基金 (環球)Bond Fund (Global)

中銀保誠強積金保守基金^BOC-Prudential MPF Conservative Fund^

貨幣市場基金 (香港)Money Market Fund (Hong Kong)

中銀保誠平穩基金BOC-Prudential Stable Fund


中銀保誠強積金人民幣及港元貨幣市場基金BOC-Prudential MPF RMB & HKD Money Market Fund

貨幣巿場基金(香港及中國)(有關地域是按照基金所投資的幣值而分類)Money Market Fund (Hong Kong and China)(the geographic region is classified by the currency denomination of the fund's investment)

0.08%

0.99%

-0.16%

2.63%

-3.84%

4.32%

12.59%

-1.99%

3.20%

7.48%

1.06%

1.24%

2.87%

0.13%

5.81%

0.11%

-0.39%

3.40%

0.91%

2.98%

-2.90%

0.24%

2.74%

-3.32%

10.44%

0.16%

0.69%

0.59%

20142013

0.83%

7.59%

3.90%

21.30%

0.44%

4.98%

28.02%

-3.78%

0.92%

20.68%

29.17%

2.05%

15.22%

0.17%

2007/10/15 HK$7.6539 -19.04% 1.91% 23.17% 6.05% N/A 不適用 -23.46%

2003/04/15 HK$36.6639 -13.46% 1.22% 29.41% 25.63% 93.43% 266.64%

2006/10/03 HK$9.2050 -0.12% 11.72% 55.10% 40.88% N/A 不適用 -7.95%

2006/10/03 HK$12.5509 -12.00% -9.50% 6.97% 8.36% N/A 不適用 25.51%

2003/04/15 HK$23.2476 -1.91% 3.14% 37.70% 48.05% 62.00% 132.48%

2012/09/03 HK$12.4154 -11.42% 0.46% N/A 不適用 N/A 不適用 N/A 不適用 24.15%



2000/12/13 HK$19.1291 -6.41% -0.13% 30.25% 32.40% 70.81% 91.29%

2000/12/13 HK$19.0262 -4.06% -1.24% 14.14% 19.08% 56.21% 90.26%

2000/12/13 HK$18.2755 -2.94% -2.25% 6.17% 11.40% 43.70% 82.76%

2003/04/15 HK$13.1748 -1.39% -3.60% -5.08% 1.27% 18.89% 31.75%

2013/04/02 HK$10.3486 0.41% 1.53% N/A 不適用 N/A 不適用 N/A 不適用 3.49%

2000/12/13 HK$11.6544 0.02% 0.36% 1.08% 1.64% 11.46% 16.54%

中銀保誠強積金人民幣及港元貨幣市場基金BOC-Prudential MPF RMB & HKD Money Market Fund

貨幣巿場基金(香港及中國)(有關地域是按照基金所投資的幣值而分類)Money Market Fund (Hong Kong and China)(the geographic region is classified by the currency denomination of the fund's investment)

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