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Transitional Arrangements

Date Transitional Arrangements
November 2016 to March 2017 Trustee will issue a letter by batches to the members who have not provided any investment instruction or any valid investment instruction for notification about the DIS arrangement.
December 2016 to January 2017

Trustee will notify to ALL participating employers and scheme members by issuing a DIS Pre-implementation Notice.

 

For the details, please click the link below to view the notice.

 

The DIS Pre-implementation Notice of BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme

www.bocpt.com/english/dis/dis_ec_dpn_e.pdf

 

The DIS Pre-implementation Notice of My Choice Mandatory Provident Fund Scheme www.bocpt.com/english/dis/dis_my_dpn_e.pdf

March 2017 The new administration forms incorporating with DIS constituent funds will be distributed to participating employers.
1 April 2017 DIS becomes effective
3 April 2017

Normally, Trustee will issue a notice called the DIS Re-investment Notice (“DRN”) to relevant scheme members on this date for explaining the impacts on members’ pre-existing account and giving members an opportunity to give a specific investment instruction to the Trustee before the accrued benefits are invested into the DIS.

 

If scheme members have any enquiries about the DRN, please contact Trustee’s Customer Service Representatives via hotline.
Easy-Choice MPF Administration Hotline : 2929-3030
My Choice Customer Service Hotline: 2929-3366

15 May 2017

(For the DIS Re-investment Notice issued on 3 April 2017 as an example)

If relevant scheme members do not wish to follow the DIS arrangement, they will then have the opportunity to make any constituent fund choices and reply to the Trustee by 15 May 2017, i.e. 42 days after the date of DRN.

 

*Please note that relevant scheme members must complete the DRN attached “Option 2 Form” or valid “Change of Investment Fund Instruction Form”, and submit the Form to Trustee directly on or before the cut-off date.

 

The cut-off date of receiving the Form by Trustee:

  • Via Mail submission – 6 pm, 15 May 2017
  • Via Fax or Email submission – 11:59 pm, 15 May 2017

29 May 2017

(For the DIS Re-investment Notice issued on 3 April 2017 as an example)

If relevant scheme members do not reply before the cut-off date, their accrued benefits and/or future contributions will be invested according to the DIS. Trustee must, by 29 May 2017, i.e. 14 days after 15 May 2017, invest those benefits according to the DIS.

You should consider your own risk tolerance level and financial circumstances before making any investment choices. In your selection of funds, if you are in doubt as to whether a constituent 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.

Important Note - Fraudulent Websites

BOCI-Prudential Trustee Company (“our Company”) found fraudulent websites which seek to pass off as our Company, and can be searched and accessed through internet search engines. Customers are advised to always stay vigilant about scams.

Please note that  www.bocpt.com is the ONLY official website of our Company. We have not authorized any agent or third party to use any of our materials and trademarks to set up other websites. If you have any doubts, please contact our Customer Service Hotlines at 2929-3030/2929-3366 or email to mpf@bocpt.com for verification. Please click here for more security information.

 

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Please read the Terms and Conditions on the Website before using any services available on the website and / or via telephone services (collectively, the “Services”). Your continued use of the Services will mean that you irrevocably and unconditionally accept and agree to be bound by the Terms and Conditions as the same may be amended from time to time and any amendment to the Terms and Conditions shall be effective immediately upon posting on the Website.

 

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BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme

IMPORTANT INFORMATION

  • You should consider your own risk tolerance level and financial circumstances before making any investment choices. When, in your selection of Constituent Funds, you are in doubt as to whether a certain Constituent 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 Constituent Fund(s) most suitable for you taking into account your circumstances.
  • You should consider your own risk tolerance level and financial circumstances before investing in the MPF Default Investment Strategy (as defined in section 6.7 (MPF Default Investment Strategy)). You should note that the BOC-Prudential Core Accumulation Fund and the BOC-Prudential Age 65 Plus Fund may not be suitable for you, and there may be a risk mismatch between the BOC-Prudential Core Accumulation Fund and the BOC-Prudential Age 65 Plus Fund and your risk profile (the resulting portfolio risk may be greater than your risk preference). You should seek financial and/or professional advice if you are in doubt as to whether the MPF Default Investment Strategy is suitable for you, and make the investment decision most suitable for you taking into account your circumstances.
  • You should note that the implementation of the MPF Default Investment Strategy may have an impact on your MPF investments and accrued benefits. We recommend that you consult with the Trustee if you have doubts on how you are being affected.
  • 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.
  • If you are in doubt about the meaning or effect of the contents of the information in this website, you should seek independent professional advice.

 

My Choice Mandatory Provident Fund Scheme

IMPORTANT INFORMATION 

  • You should consider your own risk tolerance level and financial circumstances before making any investment choices. When, in your selection of Constituent Funds, you are in doubt as to whether a certain Constituent 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 Constituent Fund(s) most suitable for you taking into account your circumstances.
  • You should consider your own risk tolerance level and financial circumstances before investing in the MPF Default Investment Strategy (as defined in section 6.7 (MPF Default Investment Strategy)). You should note that the My Choice Core Accumulation Fund and the My Choice Age 65 Plus Fund may not be suitable for you, and there may be a risk mismatch between the My Choice Core Accumulation Fund and the My Choice Age 65 Plus Fund and your risk profile (the resulting portfolio risk may be greater than your risk preference). You should seek financial and/or professional advice if you are in doubt as to whether the MPF Default Investment Strategy is suitable for you, and make the investment decision most suitable for you taking into account your circumstances.
  • You should note that the implementation of the MPF Default Investment Strategy may have an impact on your MPF investments and accrued benefits. We recommend that you consult with the Trustee if you have doubts on how you are being affected.
  • 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 My Choice MPF Conservative Fund uses method (i) and, therefore, unit prices/NAV/fund performance quoted have incorporated the impact of fees and charges.
  • If you are in doubt about the meaning or effect of the contents of the information in this website, you should seek independent professional advice.

 

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