Hong Kong Equity Market - polyu.edu.hk · Source: Hang Seng Indexes Co. Ltd. CSI HK 100 Index: 32...

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Hong Kong Equity Market

Comprises 100 stocks listed

on Main Board and/or G.E.M.

Universe includes blue-chips,

red-chips and H-shares

CSI HK 100 Index

Compiled by China Securities

Index Co. Ltd. (“CSI”)

Major index compilation

company in Mainland China

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Shanghai

Stock

Exchange

Shenzhen

Stock

Exchange

CSI

Indices

Equity

CSI Index

248*

SSE Index

109*

SZSE Index

6*

Fixed

Income

CSI Index

22*

SSE Index

5*

Fund

CSI Index

9*

SSE Index

1*

Futures

CSI Index

9*

Customized

CSI Index

14*

*As of18/7/2012Source: CSI Co. Ltd.

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CSI HK 100 Index

DiversifiedRepresentative Stringent Selection

HKEx

Main-

Board

HKEx

GEM

100 Stocks Include 32 sectors*

*As of 20/7/2012Source: CSI Co. Ltd.

Selection based on aggregate

market cap and turnover value

Red-

chips

H-

shares

Blue-

chips

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*As of 29/6/2012Source: BOCI-Prudential Asset Management

Consumer Discretionary

6.5%

Consumer Staples

3.6%

Energy11.5%

Financials54.9%

Industrials4.7%

Information Technology

4.9%

Materials0.9%

Telecommunication Services

9.1%Utilities

3.9%Top 10 Constituents %

HSBC 9.6%

China Mobile 7.6%

CCB 6.8%

ICBC 4.2%

CNOOC 4.1%

Tencent 3.7%

BOC 3.5%

AIA 3.4%

CNPC 3.0%

China Life 2.4%

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CSI HK 100 Index Hang Seng Index

Compilation Company CSI Co. Ltd. Hang Seng Indexes Company Limited

No. of Constituents 100 49

Universe Main-board & GEM Main-board

Major Selection Rules • Calculate the daily avg trading valueand daily avg total market valueduring the most recent year forsecurities in the index universe

• Rank the securities in the universe bydaily avg trading value of the mostrecent year in descending order anddelete the bottom ranked 50%securities

• Rank the rest securities by daily avgmarket value of the most recent yearin descending order, those who ranktop 100 are selected as indexconstituents.

• top 90% of the total market capitalization of all eligible shares listed on the SEHK

• top 90% of the total turnover of all primary listed shares on the SEHK

Review Frequency Semi-annually Quarterly

Constituents Ratio 10% Cap 15% Cap

% to Total Market Cap in HK (As of 30/6/2012)

Around 70% Around 60%

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*As of 20/7/2012Source: CSI Co. Ltd.

*As of 20/7/2012Source: Hang Seng Indexes Co. Ltd.

CSI HK 100 Index: 32 Sectors

Hang Seng Index: 22Sectors

0% 5% 10% 15% 20% 25% 30% 35%

Commercial Banks

Real Estate Mgt & Development

Oil, Gas & Consumable Fuels

Insurance

Wireless Telecommunication Service

Internet Software & Services

Electric Utilities

Industrial Conglomerates

Food Products

Hotels Restaurants & Leisure

Diversified Financial Services

Diversified Telecommunication

Specialty Retail

Distributors

Real Estate Investment Trusts

Personal Products

Construction Materials

Textiles, Apparel & Luxury Good

Transportation Infrastructure

Automobiles

Computers & Peripherals

Multiline Retail

Construction & Engineering

Independent Power Producers

Semiconductors & Semiconductor

Airlines

Food & Staples Retailing

Electronic Equip., Instruments

Marine

Capital Markets

Paper & Forest Products

Machinery

0% 5% 10% 15% 20% 25% 30% 35%

Commercial Banks

Oil, Gas & Consumable Fuels

Real Estate Mgt & Development

Insurance

Wireless Telecommunication Service

Internet Software & Services

Electric Utilities

Industrial Conglomerates

Food Products

Diversified Financial Services

Gas Utilities

Distributors

Specialty Retail

Personal Products

Hotels Restaurants & Leisure

Diversified Telecommunication

Transportation Infrastructure

Road & Rail

Independent Power Producers

Food & Staples Retailing

Airlines

Metals & Mining

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Since Inception of CSI HK 100 Index (31/12/2004)Cumulative Return

Source: BloombergAs of 29/6/2012

Cum. Perf.

CSI HK 100 Index TR

HSI TR

3M -6.48 -3.25

YTD 4.15 8.25

1Y -14.92 -9.84

3Y 4.67 16.63

SinceInception

58.78 76.10

Cal.Perf.

CSI HK 100 Index TR

HSI TR

2007 42.19 43.37

2008 -44.29 -46.40

2009 55.72 56.65

2010 6.18 8.57

2011 -20.12 -17.38

-40%

-20%

0%

20%

40%

60%

80%

100%

120%

140%

160%

180% CSI HK 100 Index TR

Hang Seng Index TR

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Since Inception of CSI HK 100 Index (31/12/2004) 30 Day Volatility


0%

20%

40%

60%

80%

100%

120% CSI HK 100 Index TR

Hang Seng Index TR

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Stock Exchanges in North America

Include stock exchanges

in US and Canada

Approved stock

exchanges by MPFA

FTSE MPF North America Index (Unhedged)

Compiled by FTSEGlobal major index

compilation company

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In 2001 FTSE launched the Mandatory Provident Fund (MPF) benchmarks, a tailoredsolution to meet the complex needs of the Hong Kong investment community. The FTSEAll-World Index Series was selected by Towers Watson and the Hong Kong InvestmentFunds Association (HKIFA) as the base universe for a range of country. and regionalequity indices currency hedged back into Hong Kong dollars as custom benchmarks forthe Hong Kong investment community.

2011 FTSE voted 'Index Provider of the Year'

Captures 98% of the world’s investable market capitalization

Covers 47 different countries

Covers over 7,400 securities

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FTSE MPF North America Index (Unhedged)

Stringent SelectionInclude Stock Exchanges in North America

Customized Index

US Canada

663 Stocks*

*Source: FTSE GroupAs of 18/7/2012

Index with individual constituent

not exceeding 10%

Quarterly

Review

10%

Capping

Ground

Rules

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基金經理將根據運作及流動性管理進行資產配置

Source: FTSE GroupAs of 29/6/2012

Basic Materials4.3%

Consumer Goods10.5%

Consumer Services

12.9%

Financials15.4%

Health Care10.6%

Industrials11.4%

Oil & Gas11.6%

Technology16.5%

Telecommunications3.1%

Utilities3.6%

十大成份股 %

蘋果 (Apple) 3.90%

埃克森美孚 (Exxon Mobil) 2.91%

微軟 (Microsoft) 1.85%

國際商業機器 (IBM) 1.63%

通用電力 (General Electric) 1.59%

AT&T 1.51%

雪佛龍 (Chevron) 1.50%

強生 (Johnson & Johnson) 1.34%

沃爾瑪 (Wal-Mart) 1.28%

可口可樂 (Coca-Cola) 1.28%

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Since Inception (30/11/2004) Trend

Cum. Perf.

%

3M -3.59

YTD 8.15

1Y 2.21

3Y 51.61

SinceInception

33.97

Cal.Perf.

%

2007 7.13

2008 -38.21

2009 28.15

2010 15.09

2011 -0.42

*As of 29/6/2012Source: BOCI-Prudential Asset ManagementCalculated in HKD

-40%

-20%

0%

20%

40%

60%

80%

100%

11

/20

04

04

/20

05

09

/20

05

02

/20

06

07

/20

06

12

/20

06

05

/20

07

10

/20

07

03

/20

08

08

/20

08

01

/20

09

06

/20

09

11

/20

09

04

/20

10

09

/20

10

02

/20

11

07

/20

11

12

/20

11

05

/20

12

18

21

FTSE MPF EuropeIndex (Unhedged)

Stringent SelectionInclude Stock Exchanges in Europe

Customized Index

UK Continental

Europe

504 Stocks*

*Source: FTSE GroupAs of 18/7/2012

Index with individual constituent

not exceeding 10%

Quarterly

Review

10%

Capping

Ground

Rules

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基金經理將根據運作及流動性管理進行資產配置

Source: FTSE GroupAs of 29/6/2012

十大成份股 %

雀巢 (Nestle) 3.18%

匯豐 (HSBC) 2.45%

諾華 (Novartis) 2.22%

沃達豐 (Vodafone) 2.13%

英國石油 (BP) 1.91%

蜆殼 (Royal Dutch Shell) 1.91%

羅氏控股 (Roche Hldgs) 1.86%

葛蘭素 (GlaxoSmithKline) 1.75%

Total 1.54%

英美煙草公司 (BAT) 1.54%

France14.9%

Germany12.4%

Italy3.8%

Netherlands4.0%

Spain4.3%

Sweden4.8%

Switzerland13.3%

UK35.1%

Others7.6%

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Since Inception (30/11/2004) Trend

Cum. Perf.

%

3M -7.75

YTD 2.27

1Y -17.38

3Y 19.53

SinceInception

20.38

Cal.Perf.

%

2007 14.64

2008 -46.60

2009 36.49

2010 4.06

2011 -11.77

*As of 29/6/2012Source: BOCI-Prudential Asset ManagementCalculated in HKD

-40%

-30%

-20%

-10%

0%

10%

20%

30%

40%

50%

11

/20

04

04

/20

05

09

/20

05

02

/20

06

07

/20

06

12

/20

06

05

/20

07

10

/20

07

03

/20

08

08

/20

08

01

/20

09

06

/20

09

11

/20

09

04

/20

10

09

/20

10

02

/20

11

07

/20

11

12

/20

11

05

/20

12

24

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2011 GDP (based on PPP) Distribution

Source: IMFGlobal Economic Outlook (Apr 2012)

China

14.3%

US

19.1%

Europe

24.8%

Others

41.8%

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YTD 1Y 3Y 5Y 2008DJ Industrial Avg Index 6.83% 6.60% 65.27% 10.42% -31.92%S&P 500 Index 9.49% 5.43% 57.66% 1.10% -36.99%NASDAQ 13.32% 7.08% 65.04% 18.54% -39.98%

DJ STX 600 Index 5.74% -4.20% 36.21% -22.70% -43.32%DJ STOXX 50 Index 3.66% -2.78% 28.45% -25.21% -40.70%

CSI 300 Index 6.36% -17.77% -18.84% -30.21% -65.50%HSCEI -0.38% -20.94% -4.74% -8.39% -49.86%

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FTSE MPF Indices TR 3M % 1Y% 3Y % 5Y %

Global -5.74 -6.97 35.26 -13.25

Asia ex JP -6.94 -13.80 36.35 1.28

Asia ex JP, AU, NZ -7.04 -14.05 32.49 3.75

China -5.53 -15.40 6.79 0.73

Domestic Hong Kong -4.57 -11.16 29.45 12.57

Europe -7.75 -17.38 19.53 -30.76

Greater China -5.89 -13.57 21.33 1.86

Hong Kong -4.67 -12.91 16.77 4.18

Japan -7.30 -7.40 5.27 -28.96

North America -3.59 2.21 51.61 -2.67

US -3.21 4.10 54.40 -2.04

Source: LipperAs of 30/6/2012

DJIAI S&P500 NASDAQ STX600 STOXX50 CSI300 HSCEI

DJ Industrial Avg Index (DJIAI)1.000

S&P 500 Index (S&P500)0.985 1.000

NASDAQ 0.937 0.972 1.000

DJ STX 600 Index (STX600)0.768 0.747 0.708 1.000

DJ STOXX 50 Index (STOXX50)0.745 0.720 0.677 0.989 1.000

CSI 300 Index (CSI300)0.095 0.112 0.141 0.206 0.181 1.000

HSCEI0.187 0.190 0.214 0.392 0.377 0.606 1.000

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30

*As of 20/7/2012Source: MPFA

Co un t ry St o ck Exchang e Co un t ry St o ck Exchang e

Austra lia Austra lian Sto ck Exchang e Ko rea Ko rea Exchang e

Austria Wiener Bö rse AG Luxem bou rg Luxem bou rg Sto ck Exchang e

Be lg ium Eu ronext Bru sse ls Malays ia Bu rsa Malays ia

Brazil Sao Pau lo Sto ck Exchang e (BOVESPA) Mexico Mexican Sto ck Exchang e

Canad a To ron to Sto ck Exchang e Ne th e rland s Eu ronext Am ste rd am

Ch in a Ta iwan Sto ck Exchang e New Zea land New Zea land Exchang e

Denm ark Copenhag en Sto ck Exchang e No rway Oslo Bø rs

Fin land He ls inki Exchang es Po rtug a l Eu ronext Lisbon

France Eu ronext Pa ris Sing apo re

Sing apo re Exchang e

Secu ritie s Trad ing Lim ited

Germ any Deu tsch e Bö rse AG Sou th Africa

JSE Secu ritie s Exchang e Sou th

Africa

Greece Athen s Sto ck Exchang e Spa in Mad rid Sto ck Exchang e

Ind ia Bom bay Sto ck Exchang e o f Ind ia Swed en Sto ckho lm sbö rsen

Nation a l Sto ck Exchang e o f Ind ia Switze rland SIX Swiss Exchang e

Ire land Irish Sto ck Exchang e Tha iland Sto ck Exchang e o f Tha iland

Israe l Te l-Aviv Sto ck Exchang e UK Lond on Sto ck Exchang e

Ita ly Ita lian Sto ck Exchang e US Am erican Sto ck Exchang e

Japan Jasd aq Secu ritie s Exchang e NASDAQ Sto ck Marke t

Osaka Sto ck Exchang e New Yo rk Sto ck Exchang e

Nag oya Secu ritie s Exchang e NYSE Arca

Tokyo Sto ck Exchang e Ph ilad e lph ia Sto ck Exchang e

31

Investment involves risk and is subject to market fluctuations and inherent risks.Investment in emerging markets involves special risks and considerations.Investors could suffer significant loss related to the investments. Investors shouldcarefully read the offering documents of the relevant funds for further detail(including product features, risk factors and fees and charges) and seekindependent financial and professional advice before investment.

The information, opinions and projections contained herein are for referenceonly. This document does not constitute any distribution, or anyrecommendation, offer, invitation or solicitation to buy or sell any investment.BOCI-Prudential Asset Management Limited makes no guarantee,representation, warranty or undertaking, whether express or implied, in relationto the information, projections and opinions in this document or the basis uponwhich any such projections or opinions have been based, and accept noresponsibility or liability as to their accuracy or completeness. Information,projections and opinions in this document reflect a judgment at its original dateof publication and are subject to change without notice.

All copyrights are reserved. 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 is issued by BOCI-Prudential Asset Management Limited. It has not been reviewed by the SFC.

強積金投資服務MPF Investment Services

∆包括受託人費用及投資管理費用，視乎所選基金而定。此為現行收費水平。如欲提高至最高收費水平，必須至少三個月前通知客戶。有關其他收費詳情，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」。

∆ItincludesTrusteeFeeandInvestmentManagementFeeandisdependentofthefundschosen.Thisisthecurrentlevel.Inrespectofanyincreaseinfeesandchargesuptothemaximumlevel,atleastthreemonthspriornoticewillbegiven.Fordetailsofotherfeesandcharges,pleaserefertoSection7–“FeesandCharges“ofthePrincipalBrochureofBOC-PrudentialEasy-ChoiceMandatoryProvidentFundScheme.

新增股票基金—指數追蹤系列Adding Equity Funds – Index Tracking Series

新增成分基金之基金管理費∆為每年資產淨值的0.9%至0.99%Management fee∆ for new constituent funds ranges from 0.9% to 0.99% of NAV per annum

單張刊發人及投資經理 : 中銀國際英國保誠資產管理有限公司 LeafletIssuer&InvestmentManager : BOCI-PrudentialAssetManagementLimited

受託人及保管人 : 中銀國際英國保誠信託有限公司 TrusteeandCustodian : BOCI-PrudentialTrusteeLimited

成分基金列表 List of Constituent Funds連同新增的股票基金 ─ 指數追蹤系列，中銀保誠簡易強積金計劃下現正提供13個成分基金，令投資選擇將更趨多元化。IncludingthenewEquity Funds – Index Tracking Series,13constituent fundsareofferedunder theBOC-PrudentialEasy-ChoiceMandatoryProvidentFundScheme.Thevarietyoffundchoicesisfurtherdiversified.

成分基金 Constituent Funds 風險程度1 Risk Level1

股票基金 Equity Funds中銀保誠中國股票基金BOC-PrudentialChinaEquityFund

非常高VeryHigh

中銀保誠香港股票基金BOC-PrudentialHongKongEquityFund

高High

中銀保誠日本股票基金BOC-PrudentialJapanEquityFund

高High

中銀保誠亞洲股票基金BOC-PrudentialAsiaEquityFund

高High

中銀保誠環球股票基金BOC-PrudentialGlobalEquityFund

高High

股票基金 ─ 指數追蹤系列 Equity Funds – Index Tracking Series中銀保誠中證香港100指數基金BOC-PrudentialCSIHK100TrackerFund

高High

中銀保誠歐洲指數追蹤基金BOC-PrudentialEuropeanIndexTrackingFund

高High

中銀保誠北美指數追蹤基金BOC-PrudentialNorthAmericaIndexTrackingFund

高High

混合資產基金 Mixed-Asset Funds中銀保誠增長基金BOC-PrudentialGrowthFund

高High

中銀保誠均衡基金BOC-PrudentialBalancedFund

中至高ModeratetoHigh

中銀保誠平穩基金BOC-PrudentialStableFund

低至中LowtoModerate

債券基金 Bond Fund中銀保誠債券基金BOC-PrudentialBondFund

低至中LowtoModerate

貨幣市場基金 Money Market Fund中銀保誠強積金保守基金2

BOC-PrudentialMPFConservativeFund2非常低VeryLow

投資涉及風險。本計劃之投資組合會受到市場波動和匯率波動以及一切投資所附帶之風險所影響。成分基金單位之認購價及贖回價可跌亦可升。詳情請參閱中銀保誠簡易強積金計劃之介紹手冊。Investmentinvolvesrisks.TheportfoliooftheSchemeissubjecttomarketfluctuationsandexchangerate fluctuationsandto the risks inherent inall investments.Thesubscriptionandredemptionpricesofunitsoftheconstituentfundsmaygodownaswellasup.PleaserefertothePrincipalBrochureoftheBOC-PrudentialEasy-ChoiceMandatoryProvidentFundSchemeforfurtherdetails.

1風險程度由中銀國際英國保誠資產管理有限公司釐定，並只反映中銀國際英國保誠資產管理有限公司對有關成分基金之看法。風險程度是根據各成分基金的投資類別所承受的風險而作出的闡明。風險程度僅供參考，不應被視為投資意見。您不應根據風險程度而作出任何投資決定。風險評級將會因應市場狀況而每年最少作出一次檢討及（如適用）更新。風險程度分為非常低、低、中、高、非常高。

Therisk level isdeterminedbyBOCI-PrudentialAssetManagementLimitedandrepresentsonlytheviewsofBOCI-PrudentialAssetManagementLimitedinrespectoftherelevantconstituentfunds.Therisk level isanillustrationoftheextentofrisksassociatedwiththerelevantconstituentfundsbyreferencetothetypeofinvestmentsmade.Suchrisklevelisforreferenceonlyandshouldnotberegardedas investmentadvice.Youshouldnot relyon the risk levelwhenmakinganyinvestmentdecision.Theriskprofilewillbereviewedand(ifappropriate)updatedatleastannuallytakingintoaccounttheprevailingmarketcircumstances.Therisklevelsarecategorizedintoverylow,low,moderate,highandveryhigh.

2本計劃成員應留意，投資中銀保誠強積金保守基金並不等於將資金存入銀行或接受存款公司，亦未必可按認購值贖回投資項目。另外，中銀保誠強積金保守基金並不受香港金融管理局監管。強積金保守基金的收費可（一）透過扣除資產凈值收取；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╱資產凈值╱基金表現已反映收費之影響。

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

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

(852) 2280 8686

網址 Website

www.boci-pru.com.hk全新New

重要資訊• 中銀保誠簡易強積金計劃內之中銀保誠強積金保守基金（前稱「中銀保誠保本基金」）並不保證付償本金。

• 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。

• 強積金保守基金的收費可（一）透過扣除資產凈值收取；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╱資產凈值╱基金表現已反映收費之影響。

• 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、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。

Important Information

• BOC-PrudentialMPFConservativeFund(formerlyknownas“BOC-PrudentialCapital Preservation Fund”) inBOC-Prudential Easy-ChoiceMandatoryProvidentFundSchemedoesnotguaranteetherepaymentofcapital.

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

• Intheeventthatyoudonotmakeanyinvestmentchoices,pleaseberemindedthatyourcontributionsmadeand/orbenefitstransferredintoBOC-PrudentialEasy-ChoiceMandatoryProvidentFundSchemewillbe invested intoBOC-PrudentialStableFundinaccordancewiththedefaultfundarrangementasstated inmemberenrolmentformandprincipalbrochuresection4.4,andsuchfundmaynotnecessarilybesuitableforyou.

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

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

新增股票基金—指數追蹤系列 Adding Equity Funds – Index Tracking Series

中銀保誠資產管理一向致力於研發新產品以滿足投資者的多元化需求。由2012年9月3日起，中銀保誠簡易強積金計劃下增設股票基金 ─ 指數追蹤系列，進一步提供更全面的投資選擇。BOCI-PrudentialAssetManagement is devoted todevelopingnewproductstocaterthediversifiedneedsofinvestors.Witheffectfrom3September2012,new Equity Funds – Index Tracking Series isestablishedunder theBOC-Prudential Easy-ChoiceMandatoryProvident FundScheme toprovide youwithmorecomprehensiveinvestmentchoices.

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

• 目前，僅投資於核准緊貼指數集體投資計劃－標智中證香港100指數基金TM，該基金是一個在交易所買賣的指數追蹤基金，旨在透過採用代表性抽樣策略來追蹤中證香港100指數之表現。

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

• 一般資產分佈 NormalAssetAllocation：核准緊貼指數集體投資計劃－標智中證香港100指數基金TM

ApprovedITCIS+– W.I.S.E.–CSIHK100TrackerTM： 90–100% 現金及定期存款 Cashandtimedeposits： 0–10%

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

• 目前，僅投資於核准緊貼指數集體投資計劃－中銀保誠歐洲指數基金，其投資於在英國及其他歐洲大陸國家的證券交易所買賣的證券投資組合。

Currently investsexclusively intheapproved ITCIS+–theBOC-PrudentialEuropeanIndexFund,which invests inaportfolioofsecuritiestradedonthestockexchangesintheUnitedKingdomandinothercontinentalEuropeancountries.

• 該核准緊貼指數集體投資計劃主要透過採用代表性抽樣策略，力求提供緊貼富時強積金歐洲指數（非對沖）表現的投資表現（扣除費用及支出之前）。

Theapproved ITCIS+seekstoprovide investmentperformance(beforefeesandexpenses) thattrackstheperformanceoftheFTSEMPFEurope Index (unhedged)primarilybyadoptingarepresentativesamplingstrategy.

• 一般資產分佈 NormalAssetAllocation：核准緊貼指數集體投資計劃－中銀保誠指數基金系列中銀保誠歐洲指數基金 ApprovedITCIS+– BOC-PrudentialIndexFundSeries BOC-PrudentialEuropeanIndexFund： 90–100% 現金及定期存款 Cashandtimedeposits： 0–10%

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

• 目前，僅投資於核准緊貼指數集體投資計劃－中銀保誠北美指數基金，其投資於在北美證券交易所買賣的證券投資組合。

Currently investsexclusively intheapproved ITCIS+–theBOC-PrudentialNorthAmericaIndexFund,whichinvestsinaportfolioofsecuritiestradedonthestockexchangesinNorthAmerica.

• 該核准緊貼指數集體投資計劃主要透過採用代表性抽樣策略，力求提供緊貼富時強積金北美指數（非對沖）表現的投資表現（扣除費用及支出之前）。

Theapproved ITCIS+seekstoprovide investmentperformance(beforefeesandexpenses) thattrackstheperformanceoftheFTSEMPFNorthAmericaIndex(unhedged)primarilybyadoptingarepresentativesamplingstrategy.

• 一般資產分佈 NormalAssetAllocation：核准緊貼指數集體投資計劃－中銀保誠指數基金系列中銀保誠北美指數基金 ApprovedITCIS+– BOC-PrudentialIndexFundSeries BOC-PrudentialNorthAmericaIndexFund： 90–100% 現金及定期存款 Cashandtimedeposits： 0–10%

注意：以上三隻成分基金的表現可能與相關的基準指數不同。投資於該等成分基金主要承受與其相關指數基金相同的風險。詳情請參閱中銀保誠簡易強積金計劃之介紹手冊內「風險因素」一節。Note:Theperformanceoftheabovethreeconstituentfundsmaynotbeidenticalto thatof therelevantbenchmark index. Investment ineachconstituent fund isessentiallysubjecttothesamerisksofitsunderlyingindexfund.Pleaserefertothe“RiskFactors”sectioninPrincipalBrochureofBOC-PrudentialEasy-ChoiceMandatoryProvidentFundSchemeformoredetails.+ “ApprovedITCIS”means“index-trackingcollectiveinvestmentschemeapprovedbyMPFA”.

基金管理費細目（現行收費）Management Fees Breakdown (Current Level)現行基金管理費只包括受託人費用及投資管理費用。基金管理費的現行收費率的細目如下：Managementfeescurrentlycompriseoftrusteefeeandinvestmentmanagementfeeonly.Breakdownofcurrent levelofmanagementfeesisasfollows:

年費 Annual Fee

成分基金Constituent Fund

(1)投資管理費用*

InvestmentManagement

Fee*

(2)受託人費用*Trustee Fee*

(3)傘子單位信託基金╱核准緊貼指數集體投資計劃受託人費用**

Trustee Fee on Umbrella Unit

Trust/Approved ITCIS+ Level**

(1)+(2)+(3)以上收費總和

***Sum of the

above fees***

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

0.2625% 0.55% 0.0875% 0.9%

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

0.3525% 0.55% 0.0875% 0.99%

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

0.3525% 0.55% 0.0875% 0.99%

* 將按成分基金之資產淨值計算。 Willbecalculatedonthebasisofapercentageofthenetassetvalueoftheconstituentfund.** 將按核准緊貼指數集體投資計劃之資產淨值計算。投資經理將會退還就核准緊貼指數集體投資

計劃所收取的投資基金管理費於相關的成分基金。受託人將會退還就核准緊貼指數集體投資計劃所收取任何超出核准緊貼指數集體投資計劃之每年資產淨值的0.0875%受託人費用的款額於相關的成分基金。

WillbecalculatedonthebasisofapercentageofthenetassetvalueoftheapprovedITCIS+.TheInvestmentManagerwillrebatetheinvestmentmanagementfeechargedbytheapprovedITCIS+totherespectiveconstituentfunds.Trusteewillrebateanyamountofthetrusteefeeexceeding0.0875%ofNAVperannumofapprovedITCIS+chargedtotherespectiveconstituentfunds.

***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」。 Fordetailsofotherfeesandcharges,pleaserefertoSection7–“FeesandCharges“ofthe

PrincipalBrochureofBOC-PrudentialEasy-ChoiceMandatoryProvidentFundScheme.

Issuer: BOCI-Prudential Asset Management Limited

The Hong Kong Polytechnic University BOC-Prudential Easy Choice MPF Scheme - Introduction to Employees

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.

• Please be reminded that in the event that you do not make any investment choices or if you

submit an investment mandate of which the total of the allocated percentage does not equal to 100%, 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 the BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme for further details (including risk factors, fees and charges, and fund information).

Selection Criteria of MPF Service Provider for Employee？

2

Topics 1. Background of BOCI-Prudential 2. Features of MPF System (Scheme Review) 3. Fund Choices 4. Market Review & Investment Performance 5. Fees of BOCI-Prudential 6. New Support & Services of BOCI-Prudential 7. Special Voluntary Contribution 8. Contact us 9. Q & A

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme

3


1. Background of BOCI-Prudential

4

The solid reputation and financial strength of the BOC International and BOC(HK)

AND

The experience in pension fund management of

Prudential

We are devoted to providing professional and quality MPF services

bring together

5


6

BOCI Asset Management Limited

Prudential Holdings Limited

Prudential plc

BOC International Holdings Limited

Prudential Corporation Holdings Limited

Bank of China Limited

100%

100% 100%

100%

36% 64%

BOCI-Prudential Asset Management Limited


Joint Venture of BOCI-Prudential

BOC International Prudential BOC(HK)

BOCI-Prudential BOCI-Prudential Asset Management Limited Trustee Limited

Invested HKD 600 million

7

Management and Administration

Trustee BOCI-Prudential Trustee Limited

Administrator BOCI-Prudential Trustee Limited

Custodian BOCI-Prudential Trustee Limited

Investment Manager BOCI-Prudential Asset Management Limited

8

One Stop Service


9

BOCI-Prudential Trustee Limited - trustee, administrator and custodian BOCI-Prudential Asset Management Limited

MPF Provident and Retirement Funds Charitable Funds Unit Trusts Exchange Traded Funds Private & institutional portfolio mandates As of 31 August 2011, over HK$56 billion of asset under management*

Business Scope of BOCI-Prudential


Source: BOCI-Prudential Asset Management Limited * Data as at 31 Aug 2011

Oct 1999 – BOCI-Prudential Joint Venture Establishment 10

Jan 2002 – BOCHK BOCI-Prudential Guaranteed Fund Series

Mar 2002 – AUD Guaranteed Fund

Jul 2002 – BOCHK Investment Fund Series

Oct 2002 – Pension Fund Business in Macau

Jun 2003 – Hong Kong Government Civil Services Provident Fund

Nov 2006 – Hong Kong Government Employees MTS

Jun 2007 – NCB Investment Fund Series

Jul 2007 – W.I.S.E CSI 300 China Tracker®

Aug 2007 – NCB QDII Investment Service

Nov 2007 – BOCHK Bauhinia QDII Scheme

May 2008 – W.I.S.E CSI HK 100 TrackerTM

April 2009 – W.I.S.E SSE 50 China TrackerTM

Jan 2000 – BOC-Prudential Easy Choice MPF Scheme Commencement

July 2009 – First Hong Kong ETF (Feeder Fund) to be approved for listing in Taiwan April 2010 – BOCIP Investment Fund Series

BOCI-Prudential Asset Management Milestone


Unit Trust

11

Exchange Traded Funds

12

Stock code: 2827

Stock code： 2825

Stock code：3024

13

2. Features of MPF system (review)

14

Coverage Aged 18 to aged below 65 for a continuous

period for 60 days or above, employed in Hong Kong (including part-time, except domestic helpers) Aged 18 to aged below 65 of self-employed

person(except self-employed hawker)

MPF system(review)

15

Once the employer portion (the MPF contribution) is paid to the Schemes, the contribution together with investment return will be vested to the employee immediately

Contribution (before 1/11/2011) Monthly

Relevant income (HK$)

Employer Contribution

Employee/ Self-employed contribution

Less than $5,000

Relevant income x 5%

Not required

$5,000 to $20,000



Over $20,000

$1,000 $1,000

MPF system(review)

16

Once the employer portion (the MPF contribution) is paid to the Schemes, the contribution together with investment return will be vested to the employee immediately *Source: MPFA leaflet, Amendment of Minimum Level of Relevant Income for MPF Contributions to $6,500, with effect from 1 November 2011

Contribution (starting from 1st Nov 2011* )

Monthly Relevant income

(HK$)

Employer Contribution

Employee/ Self-employed contribution

Less than $6,500


No required

$6,500 to $20,000 Relevant income x 5%


Over $20,000

$1,000 $1,000

MPF system(review)

17

Relevant income "Relevant income" refers to all payments in monetary

terms given to employees, including wages, salary, leave pay, fee, commission, bonus, gratuity, perquisite or allowance (including housing allowance or other housing benefit), but excluding severance and long service payment.

Accrued benefits derived from mandatory and voluntary contributions from the Employer can be used to offset severance payment and long service payment

MPF system(review)

18

Special cases in which early withdrawal of accrued benefits is allowed:

Early retirement at the age 60-64 Permanent departure from Hong Kong Death Total incapacity Small balance account

MPF system(review)

3. Fund Choices

19



BOC-Prudential Growth Fund

BOC-Prudential Global Equity

Fund

BOC-Prudential Asia Equity

Fund

BOC-Prudential China Equity

Fund

BOC-Prudential MPF Conservative

Fund

BOC-Prudential Japan Equity

Fund

BOC-Prudential Hong Kong Equity Fund

Constituent Funds

BOC-Prudential Balanced Fund

BOC-Prudential Stable Fund

BOC-Prudential Bond Fund

20


21

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 BOC-Prudential Easy-Choice MPF Scheme before making any investment decision.

The scheme information below is solely for your reference. You should not make any investment decision solely on the basis of this 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.

Disclosures on Risk profile: slide 23-36 • The risk profile is determined by BOCI-Prudential Asset Management

Limited. • The risk profile is provided for reference only and has not taken into

account investor’s own risk tolerance level and financial circumstances. Whilst the risk profile may be considered by investors in their analysis of the constituent funds, it is nonetheless the obligation of each investor to ensure that a constituent fund is suitable for him/her. Investors cannot therefore substitute their own assessment of the constituent funds with the risk profile provided by BOCI-Prudential Asset Management Limited.

• The risk profile is based on the type of different asset classes within the investment mix of the relevant constituent funds.

• The risk profile will be reviewed and (if appropriate) updated at least annually taking into account the prevailing market circumstances.


22

Constituent Fund Name Risk^ Investment

Portfolio

Normal Asset

Allocation

BOC-PRUDENTIAL GROWTH FUND HIGH

Equities Bonds

Cash, time deposits, money market or fixed income securities

70-100% 0-30%

0-20%

BOC-PRUDENTIAL BALANCED FUND

MODERATE TO HIGH

Equities Bonds Cash, time deposits, money market or fixed income securities

40-80% 20-60%

0-20%

BOC-PRUDENTIAL STABLE FUND

LOW TO MODERATE

Equities Bonds Cash, time deposits, money market or fixed income securities

10-50% 40-90%

0-20%


23

*Amongst the constituent funds, only BOC-Prudential MPF Conservative Fund will directly invest in permissible investments. BOC-Prudential Japan Equity Fund and BOC-Prudential Bond Fund will invest in the BOC-Prudential Unit Trust Fund, which is an umbrella unit trust consisting of eight sub-funds (the “Umbrella Unit Trust”). The remaining seven constituent funds will invest in the Umbrella Unit Trust and/or the Index-tracking Collective Investment Schemes approved by the Authority (“approved ITCIS”) and managed by the investment manager of BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme

Risk Profile

*

*

*


Portfolio

Normal Asset Allocation

Umbrella Unit Trust*: 60-100% Global equity sub-fund 20-80% Asia equity sub-fund 0-40%

BOC-PRUDENTIAL HIGH China equity sub-fund 0-30% GLOBAL EQUITY Hong Kong equity sub-fund 0-30%

FUND Japan equity sub-fund 0-30% European equity sub-fund 0-50% Approved ITCIS 0-10% Cash and time deposits 0-30%

BOC-PRUDENTIAL ASIA EQUITY FUND HIGH

Umbrella Unit Trust*: Asia equity sub-fund

Approved ITCIS Cash and time deposits

60-100% 0-10% 0-30%


24


Risk Profile


Portfolio

Normal Asset

Allocation

BOC-PRUDENTIAL CHINA EQUITY

FUND VERY HIGH

Umbrella Unit Trust*: China equity sub-fund


60-100% 0-10% 0-30%

BOC-PRUDENTIAL HONG KONG EQUITY FUND

HIGH

Umbrella Unit Trust*: Hong Kong equity sub-fund


60-100% 0-10% 0-30%

BOC-PRUDENTIAL JAPAN EQUITY FUND HIGH

Umbrella Unit Trust*: Japan equity sub-fund

Cash and time deposits

70-100% 0-30%


25


Risk Profile


Portfolio

Normal Asset

Allocation

BOC-PRUDENTIAL BOND FUND

LOW TO MODERATE

Umbrella Unit Trust*: Global bond sub-fund

Cash and time deposits

70-100% 0-30%

BOC-PRUDENTIAL MPF CONSERVATIVE

FUND VERY LOW Deposit + debt securities 100%


26


Risk Profile

BOC-Prudential MPF Conservative Fund 1%*

BOC-Prudential Bond Fund 1.1%*

The remaining 8 funds 1.25%*

Total Fees (per annum)

BOC-Prudential Easy-Choice MPF Scheme Fees and Charges(for The HK Polytechnic University Employees)

*The numbers are referring to the fees after rebate. For further details, please refer to Fees and Charges of MPF (The HK Polytechnic University Employees) Pamphlet. "Total Fee" indicates the maximum percentage a member would pay for investing in the relevant Fund.

57

6. Support & Services of BOCI-Prudential

Website The HK

Polytechnic

University MTS

Administration

Hotline

ATM Bank of China

(HK) Internet

Banking

iPhone App

Contribution Enquiries

Account Balance

Enquiries

Unit Fund Price

Enquiries

N/A N/A

Change of Investment

Mandate for future

contribution

N/A N/A

Re-balancing of existing

account balances

N/A N/A

Forms Request N/A N/A N/A

Enquiry Services and Information Update

65

iPhone App

Functions • Easy Account

Enquiry • Flexible Fund

Re-Balancing • Provide

Analytical Tool • Fund

Performance Comparison

• Fund Price SMS Alert

90

iPhone Account Management

91

Updated News

Language Setting

iPhone Account Management

Select Account

92

iPhone – Account Enquiry I

Select sub-account

93

iPhone – Account Enquiry II

94

iPhone – Change Future Investment

Click here ONLY if you would like to apply the

same choice to ALL CONTRIBUTIONS;

otherwise click “Submit” 95

iPhone – Delete submitted instruction

Delete the latest

instruction

96

iPhone – Re-balance Existing Investment

Click here ONLY if you would like to apply the

same choice to ALL CONTRIBUTIONS;

otherwise click “Submit” 97

iPhone – SMS Price Alert

98

iPhone – MPF Document Receiving Banks

99

BOCI-Pru HR Dept.

Members HR Dept.

Provide interested members with Enrolment Kits and Application Forms

Signed Member

Enrolment Form

Provide Enrolment Data

Member’s Cert

Enrolment Procedure

Member’s Certificate will be mailed directly to individual employee 100

Member Enrolment Form

101

102

SAMPLE

Any amendments made on the selection, please kindly sign next to it.

103

50

50

SAMPLE

104

7. Special Voluntary Contribution*

(Ad-hoc Special Voluntary Contribution & Regular Special Voluntary Contribution)


105

*Please refer to the Principal Brochure of the BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme for further details

When planning for your retirement, you may consider the following: Household expenditures the number of dependents daily expenses for maintaining the existing living standard

Additional expenses travelling, personal interests and recreation activities etc

Health care expenditures health care and medical expenditures increase with age body check-up, insurance premium etc

Is MPF mandatory contribution sufficient ?

Special Voluntary Contribution (Ad-hoc Special Voluntary Contribution & Regular Special Voluntary Contribution)

106

As an University employee enrolled in BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme, you may personally select to contribute a Special Voluntary Contribution, without the need to deduct from the salary by your Employer

Key Features of the Special Voluntary Contribution: Easy and flexible application

Switch your selected investment as many times as you wish

No fixed contribution period / minimum account balance

Independent investment portfolio of mandatory and voluntary

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


107

►Monthly Contribution

- By autopay monthly - Contribution amount of HKD$300 or

above - Application for Regular Special Voluntary

Contribution <FORM DDASVC-ECS> + Member Direct Debit Authorization <EE-DDA FORM>

►Lump-Sum - Pay by cheque/ cashier order - Contribution amount of HKD1,000 or above - Application for Special Voluntary Contribution <FORM ADDVC- ECS> + cheque/

cashier order

Contribution methods:


108

Form – 1. Application for Regular Special Voluntary Contribution (FORM DDASVC-ECS)

2. Member Direct Debit Authorization (EE-DDA FORM)

Monthly

Form – Application for Special Voluntary Contribution + cheque/cashier order (FORM ADDVC-ECS)

Lump sum

For application：

Submission methods 1. Fax (2151 0999) and send to BOCI-Prudential by post or 2. Submit to BOCI-Prudential directly (25/F., Citicorp Centre, No.18 Whitfield Road, Causeway, Hong Kong)


109

Decide the contribution amount according to your own needs, independent of your employer which provide total privacy

You may also enjoy：

Account enquiry through Internet and Customer Service Hotline provides handy and updated account information to ensure all-rounded easy management of your retirement plan

Withdraw cash whenever you need. The minimum amount of withdrawal is HKD3,000

Allow you to grasp the opportunities provided by changing investment climate and tailor to all stages of life. Switching between funds is unlimited and free of charge

Simple and easy application. Just fill in and return the relevant forms by mail or in-person to BOCI-Prudential

No initial / redemption / switching charges*


110

*For other fees and charges, please refer to the Principal Brochure of BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme for further details.

Joining Fee :

Total Fees : BOC-Prudential MPF Conservative Fund: 1%*(p.a) BOC-Prudential Bond Fund: 1.1%* (p.a) The remaining 8 funds: 1.25%* (p.a)

Waived

* The numbers are referring to the fees after rebate. For further details, please refer to Fees and Charges of MPF (The HK Polytechnic University Employees) Pamphlet. "Total Fee" indicates the maximum percentage a member would pay for investing in the relevant Fund.


111

8. Contact Us


112

The HK Polytechnic University MTS -Administration Hotline ：2290 1010 -Fund Product Hotline ：2280 8694 Fax Number ：2151 0999 Website ：http://www.boci-pru.com.hk ：http://www.bocpt.com E-mail Address ：[email protected] ：[email protected] Address ：BOCI-Prudential Trustee Limited 25/F Citicorp Centre 18 Whitfield Road Causeway Bay HK BOCI-Prudential Asset Management

Limited

27/F Bank of China Tower 1 Garden Road Hong Kong

Contact Us

113

Dedicated MPF team

Easy and convenient

Proper Administration

Customers always come first

Special rate

114

Why choosing BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme

Risk disclosure 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. Price of units are subject to market fluctuation and the risk of decreasing in investment value may be incurred. Please refer to the Principal Brochure of the Scheme before making any investment decision.

The scheme information is solely for your reference. You should not make any investment decision solely on the basis of this information.


115

9. Q & A


116

Thank You


117

Scheme Member’s Request for Fund Transfer Form

118

Original Trustee, scheme name and valid account no.

New trustee and scheme name

For existing members

For new/ preserved/ self-employed members

119

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