[PPT] - [Topic] [Topic] [Date] [Date] 1 Important notes: You should PowerPoint Presentation

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[Topic] [Topic]

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Flexible．Aggressive

Enhancing your growth potential

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Important notes:

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.

Your investment decision should not be based on this document alone. Please read

the relevant principal brochures for further details, including the risk factors.

Bank Consortium Capital Preservation Fund and BCT Capital Preservation Fund of

the relevant schemes do not guarantee the repayment of capital.

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Content Content

Company Background
Bank Consortium MPF Plan
Fund Performance
Fees & Charges
Employer & Employee Servicing
Q & A

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Solid Shareholder Group

Founded in 1999 and registered as a trust company and an Approved

Trustee under MPFS Ordinance

Shareholder group comprises of a consortium of financial institutions

with long history and reputation in Hong Kong We enjoy full support from our shareholder group

Company Background Background

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Strong Financial Standing / Market Position

Total assets of the shareholder group and the total shareholder funds stood at more

than HK$844 billion and HK$85 billion respectively with over 300 branches as at 31 December 2009.

One of the top five MPF service providers* with total asset under administration
ver HK$70 billion and provide retirement scheme services for over 750,000

members in Hong Kong as at Feb 2011. Comprehensive Pension Products / Services

We offer full range of pension products / services:
Bank Consortium MPF Plan (a master trust scheme);
Bank Consortium Industry Plan (an industry scheme);
ORSO schemes (pooled and independent schemes); and
Third-party scheme and fund administration service.

*Source: Watson Wyatt – MPF Annual Report 2009

Company Background Company Background

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Content

Company Background
Bank Consortium MPF Plan
Fund Performance
Fees & Charges
Employer & Employee Servicing
Q & A

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MPF Structure

BCT

act as the MPF plan’s sponsor,

administrator, trustee and custodian

appoint independent investment

managers for the funds External Fund Managers –

“Multi-manager” investment approach

BCT

Sponsor Trustee

Administrator / Custodian

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World-class Investment Managers

Our fund managers:

FIL Investment Management (H.K.) Ltd.
Franklin Templeton Investments (Asia) Ltd.
Invesco Hong Kong Ltd.
JPMorgan Funds (Asia) Ltd.
Legg Mason Asset Management Hong Kong Ltd.
RCM Asia Pacific Ltd.
Schroder Investment Management (H.K.) Ltd.
State Street Global Advisors Asia Ltd.

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select the most appropriate fund managers for a specific asset class through

detailed analysis and due diligence processes

provide members with expert management by bringing together the expertise
f different fund managers with a variety of investment philosophies
continued fund performance monitoring - if any fund manager’s performance

is consistently below expectation, it will be subject to more stringent monitoring and eventual replacement if necessary

in which E30, E50 and E70 Mixed Asset funds

are jointly managed by Invesco, Legg Mason, RCM AP and Schroders

“Multi-manager” Investment Approach

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The idea of risk diversification is not

limited to asset allocation in your portfolio. It is important but far from enough. You can diversify risk in another aspect by adopting multi-investment strategies in managing your funds.

Advantages of “Multi-manager” Investment Approach

“Don’t put all your eggs in one basket.”

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Investment involves risk. Past performance is not indicative of future performance. Investors should refer to the principal brochure of the Bank Consortium MPF Plan for further details.

Bank Consortium MPF Plan: 20 Funds

Invesco Hong Kong Ltd MPF Conservative Fund JPMorgan Funds (Asia) Ltd Hong Kong Dollar Bond Fund Franklin Templeton Investments (Asia) Ltd Global Bond Fund RCM Asia Pacific Ltd Absolute Return Fund Lower Risk Funds E30 Mixed Asset Fund E50 Mixed Asset Fund RCM Asia Pacific Ltd Invesco Hong Kong Ltd Legg Mason Asset Management Hong Kong Ltd Schroder Investment Management (Hong Kong) Ltd E70 Mixed Asset Fund Fidelity Investments Management (Hong Kong) Ltd E90 Mixed Asset Fund Mixed Asset Funds Fidelity Investments Management (Hong Kong) Ltd SaveEasy 2040 Fund SaveEasy 2035 Fund SaveEasy 2030 Fund SaveEasy 2025 Fund SaveEasy 2020 Fund Life Cycle Funds Fidelity Investments Management (Hong Kong) Ltd International Equity Fund Franklin Templeton Investments (Asia) Ltd Global Equity Fund Invesco Hong Kong Ltd European Equity Fund Schroder Investment Management (Hong Kong) Ltd Asian Equity Fund State Street Global Advisors Asia Ltd Hang Seng Index Tracking Fund Legg Mason Asset Management Hong Kong Ltd Hong Kong Equity Fund Invesco Hong Kong Ltd China and Hong Kong Equity Fund Equity Funds

Fund Manager Fund Name Fund Type

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Absolute Return Fund aims to achieve absolute returns, there may be circumstances under which this is not possible. Therefore, the absolute positive returns are not guaranteed. Please refer to the “Principal Brochure” of the Bank Consortium MPF Plan for further details, including the risk factors. Fees and charges of capital preservation fund can be deducted from either (i) the assets of the fund or (ii) members’ account by way of unit deduction. These funds use method (i) and, therefore, unit prices / NAV / f und performance quoted have incorporated the impact of fees and charges. An investment in the bank Consortium Capital Preservation Fund i An investment in the bank Consortium Capital Preservation Fund is not the same as placing funds on deposit with a bank or deposi s not the same as placing funds on deposit with a bank or deposit taking company and t taking company and there is no guarantee that the investment can be redeemed at the there is no guarantee that the investment can be redeemed at the subscription value. The Capital Preservation Fund is not subjec subscription value. The Capital Preservation Fund is not subject to the supervision of the t to the supervision of the Hong Kong Monetary Authority. Hong Kong Monetary Authority.

Higher Higher

Risk

Absolute Return Fund
Global Bond Fund
Hong Kong Dollar Bond Fund
E70 Mixed Asset Fund
E50 Mixed Asset Fund
E30 Mixed Asset Fund
Asian Equity Fund
European Equity Fund
Global Equity Fund
International Equity Fund
E90 Mixed Asset Fund
MPF Conservative Fund

Risk Level Risk Level

China & Hong Kong Equity Fund
Hong Kong Equity Fund
Hang Seng Index Tracking Fund

Expected Investment Expected Investment Return Return Higher Higher

20 20 funds under funds under Equity Equity, , Mixed Asset Mixed Asset and and Lower Risk Lower Risk at your choice at your choice

Lower Lower Low to Medium Low to Medium Medium Medium Medium to High Medium to High Relatively High Relatively High Higher Higher

Lower Lower

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Investment Objective:

To provide long-term capital appreciation by investing solely in the “Invesco

Pooled Investment Fund – Hong Kong and China Fund” which is an APIF

To invest primarily in a portfolio of Hong Kong and China-related securities

Portfolio Allocation:

Up to 100% in Hong Kong and China-related securities

Fund Manager:

Invesco

China & Hong Kong Equity Fund

Low High

Risk Level: High

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Investment Objective:

To provide long-term capital appreciation by investing solely in the “Legg

Mason Hong Kong Equities Fund” which is an APIF with a dominant emphasis on the Hong Kong equity market Portfolio Allocation:

60% - 100% in equity securities 0% - 20% in cash 0% - 40% in other instruments*

Investors are reminded that this is an indicative allocation only. Fund Manager:

Legg Mason

Hong Kong Equity Fund

Low High

Risk Level: High

*Other instruments refer to equity Other instruments refer to equity-related securities as permitted by related securities as permitted by Schedule 1 to the MPF regulation Schedule 1 to the MPF regulation

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Investment Objective:

Provide members with long term capital appreciation by investing solely in

the Tracker Fund of Hong Kong, an Index Tracking Collective Investment Scheme (ITCIS) which invests all, or substantially all, of its assets in the shares of constituent companies of the Hang Seng Index in substantially similar composition and weighting as they appear therein, and thereby aims to achieve investment results that closely track the performance of the Hang Seng Index. Portfolio Allocation:

In normal circumstances, the underlying ITCIS will invest up to 100% of its

net assets in the constituent stocks of the Hang Seng Index. Investors are reminded that this is an indicative allocation only. Fund Manager:

State Street Global Advisors Asia Limited

Hang Seng Index Tracking Fund

Low High

Risk Level: High

*Other instruments refer to equity Other instruments refer to equity-related securities as permitted by Schedule 1 to the MPF regula related securities as permitted by Schedule 1 to the MPF regulation tion

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Investment Objective:

To provide long-term capital growth by investing solely in the “Schroder

MPF Asian Fund” which is an APIF

To invest primarily in securities of companies in Asian equity markets

(excluding Japan) Portfolio Allocation:

0% - 40% in cash 60% - 100% in equities

Investors are reminded that this is an indicative asset allocation only

Fund Manager:

Schroders

Asian Equity Fund

Low High

Risk Level: Relatively High

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Investment Objective:

To provide with long-term capital appreciation by investing solely in the

“Invesco Pooled Investment Fund – Europe Fund” which is an APIF

To invest primarily in a portfolio of listed securities in Europe (including

the United Kingdom) Portfolio Allocation:

Up to 100% in European (including the United Kingdom) securities

Fund Manager:

Invesco

European Equity Fund

Low High

Risk Level: Relatively High

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Global Equity Fund

Investment Objective:

To provide capital growth over the medium to longer term by investing

solely in the “Templeton MPF Global Equity Fund” which is an APIF

To invest primarily in securities of companies listed on the global stock

markets Portfolio Allocation:

100% in global equities

Fund Manager:

Templeton

Low High

Risk Level: Relatively High

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International Equity Fund

Investment Objective:

To provide members with long-term capital appreciation by investing

solely in the “Fidelity Global Investment Fund – Global Equity Fund” which is an APIF

To invest primarily in global equities

Portfolio Allocation:

98% in global equities and 2% in cash, actual portfolios may vary as

market, political, structural, economic and other conditions change. Fund Manager:

FIMHK

Low High

Risk Level: Relatively High

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E90 Mixed Asset Fund

Investment Objective:

To provide members with long-term capital appreciation by investing

solely in the “Fidelity Global Investment Fund – Growth Fund” which is an APIF

To invest primarily in global equities with the flexibility to invest in

global fixed income securities. The underlying APIF will maintain a broad geographical diversification with a bias towards Hong Kong. Portfolio Allocation:

90% in global equities and 10% in global fixed income securities and

cash, actual portfolios may vary as market, political, structural, economic and other conditions change. Fund Manager:

FIMHK

Low High

Risk Level: Relatively High

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Investment Objective:

To provide capital appreciation over the long term To invest primarily in global equities where higher rates of returns are usually

available while maintaining a limited exposure to global fixed income securities and bank deposits Portfolio Allocation:

30% in global fixed income securities 70% in global equities

Investors are reminded that this is an indicative asset allocation only

Fund Managers:

Invesco Legg Mason RCM Schroders

Risk Level: Relatively High

E70 Mixed Asset Equity Fund

Low High

Risk Level: Medium to High

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Investment Objective:

To provide capital appreciation and a stable level of income over the long

term

To invest primarily in bank deposits, global bonds and global equities

Portfolio Allocation:

50% in global fixed income securities 50% in global equities

Investors are reminded that this is an indicative asset allocation only

Fund Managers:

Invesco Legg Mason RCM Schroders

Low High

Risk Level: Medium

E50 Mixed Asset Equity Fund

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Investment Objective:

To provide capital growth over the long term with a view to minimising the

risk of capital loss

To invest primarily in fixed income securities and maintaining a limited

exposure to global equities Portfolio Allocation:

70% in global fixed income securities 30% in global equities

Investors are reminded that this is an indicative asset allocation only

Fund Managers:

Invesco Legg Mason RCM Schroders

Low High

Risk Level: Medium

Note: If no investment mandate is specified, the default mandate is 100% in this fund.

E30 Mixed Asset Equity Fund E30 Mixed Asset Equity Fund

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Investment Objective:

To provide long-term capital preservation not related to an index by investing

solely in the “RCM Absolute Return Fund” which is an APIF

To invest primarily in a diversified portfolio of global equities and fixed-

interest securities Portfolio Allocation:

0-50% equity 50 - 100% fixed income securities or cash

Investors are reminded that this is an indicative asset allocation only

Fund Manager:

RCM

Absolute Return Fund Absolute Return Fund#

#

# While the underlying APIF aims to achieve absolute returns, there may be circumstances under which this is not possible. Therefore, the absolute positive returns are not guaranteed.

Low High

Risk Level: Low to Medium

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Investment Objective:

To provide total investment return over the medium to longer term by investing

solely in the “Templeton MPF Global Bond Fund” which is an APIF

To invest primarily into fixed income securities issued by governments and

governmental agencies globally Portfolio Allocation:

100% fixed income securities

Fund Manager:

Templeton

Global Bond Fund Global Bond Fund

Low High

Risk Level: Low to Medium

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Investment Objective:

Provide members with long term capital growth by investing in JF SAR HK$

Bond Fund, an Approved Pooled investment Fund (APIF), which in turn invests in a portfolio consisting primarly of Hong Kong dollar denominated interest bearing securities. Portfolio Allocation:

In normal circumstances, the underlying APIF will invest at least 70% of its

non-cash assets in Hong Kong dollar denominated interest bearing securities. Fund Manager:

JPMorgan Funds (Asia) Limited

Hong Kong Dollar Bond Fund

Low High

Risk Level: Low to Medium

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MPF Conservative Fund

Investment Objective:

To provide a rate of return which matches or exceeds the Hong Kong

dollar savings rate with a view to minimising the exposure of the principal amount invested to market fluctuation and volatility Portfolio Allocation:

100% in HKD bank deposits & short-term debt securities

Fund Managers:

Invesco

This fund does not guarantee the repayment of capital. Fees and charges of MPF Conservative Fund can be deducted from either (i) the assets of the fund or (ii) members’ account by way of unit deduction. These funds use method (i) and, therefore, unit prices / NAV / fund performance quoted have incorporated the impact of fees and charges. An investment in the Bank Consortium An investment in the Bank Consortium MPF Conservative Fund is not the same as placing funds on is not the same as placing funds on deposit with a bank or deposit taking company and there is no gu deposit with a bank or deposit taking company and there is no guarantee that the investment can be arantee that the investment can be redeemed at the subscription value. The redeemed at the subscription value. The MPF Conservative Fund is not subject to the supervision of the Fund is not subject to the supervision of the Hong Kong Monetary Authority. Hong Kong Monetary Authority.

Low High

Risk Level: Low

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5 5 Life Cycle Funds Life Cycle Funds

Bank Consortium SaveEasy Fund Series

SaveEasy 2040 SaveEasy 2035 SaveEasy 2030 SaveEasy 2025 SaveEasy 2020

Fund Manager: FIMHK

Remarks: Bank Consortium SaveEasy Funds invest solely in the corresponding Fidelity SaveEasy Funds, which are not saving deposit but, are MPF products. Scheme members should consider factors other than age and seek financial advice as appropriate.

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Do You Have the Following Behavioral Do You Have the Following Behavioral Pattern(s Pattern(s)? )?

Too conservative, placing all investments in lower risk funds Too busy, having little or no time to take care of the MPF account Insufficient investment knowledge to manage retirement savings Too concentrated, putting all investments in a single fund Tend to chase the market

How would BCT help you better manage your retirement savings? How would BCT help you better manage your retirement savings? Note: SaveEasy Funds are not saving deposit but MPF products. Scheme members should consider factors

ther than age and seek financial advice as appropriate

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End Portfolio at Target Date Starting Portfolio

Bank Consortium Bank Consortium SaveEasy SaveEasy Funds : Funds : PRODUCT RANGE PRODUCT RANGE

Note: SaveEasy Funds are not saving deposit but MPF products. Sc Note: SaveEasy Funds are not saving deposit but MPF products. Scheme members should consider factors other than age and seek heme members should consider factors other than age and seek financial advice as appropriate financial advice as appropriate

SaveEasy 2040 SaveEasy 2035 SaveEasy 2030 SaveEasy 2020 SaveEasy 2025

5 Funds

Equities Bonds Cash

Equity 35% Bond 55% Cash 10%

Investors are reminded that this is an indicative asset allocation only and that at any particular given point in time actual portfolios may at times vary considerably from that shown above as market, political, structural, economic and other conditions change.

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Bank Consortium Bank Consortium SaveEasy SaveEasy Funds Funds : : PORTFOLIO ALLOCATION PORTFOLIO ALLOCATION

Note: SaveEasy Funds are not saving deposit but MPF products. Sc Note: SaveEasy Funds are not saving deposit but MPF products. Scheme members should consider factors other than age and seek heme members should consider factors other than age and seek financial advice as appropriate financial advice as appropriate Each target date portfolio invests across a range of markets and sectors to maximise return potential whilst controlling risks through diversification

Investors are reminded that this is an indicative asset allocation only and that at any particular given point in time actual portfolios may at times vary considerably from that shown above as market, political, structural, economic and other conditions change.

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30% Global Equities 70% Global Fixed Income Securities and Cash

E30 Mixed Asset Fund

Roll Over Option Roll Over Option

(prior to termination of the related (prior to termination of the related SaveEasy SaveEasy fund) fund)

SaveEasy Fund 5 years after the target year

Investors are reminded that this is an indicative asset allocation only and that at any particular given point in time actual portfolios may at times vary considerably from that shown above as market, political, structural, economic and other conditions change. Note: SaveEasy Funds are not saving deposit but MPF products. Sc Note: SaveEasy Funds are not saving deposit but MPF products. Scheme members should consider factors other than age and seek fin heme members should consider factors other than age and seek financial ancial advice as appropriate advice as appropriate

55% Global Fixed Income Securities 35% Global Equities 10% Cash

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Select your Select your SaveEasy SaveEasy fund fund -

based on your retirement

based on your retirement year year

Bank Consortium SaveEasy 2020 Fund 2020 - 2024 1955 - 1959 Bank Consortium SaveEasy 2025 Fund 2025 - 2029 1960 - 1964 Bank Consortium SaveEasy 2035 Fund 2035 - 2039 1970 - 1974 Bank Consortium SaveEasy 2040 Fund 2040 - 2044 1975 - 1979 Bank Consortium SaveEasy 2030 Fund 2030 - 2034 1965 - 1969 Bank Consortium SaveEasy 2040 Fund after 2044 after 1979 The applicable constituent fund Expected retirement year Year-of-birth

Note: SaveEasy Funds are not saving deposit but MPF products. Sc Note: SaveEasy Funds are not saving deposit but MPF products. Scheme members should consider factors other than age and heme members should consider factors other than age and seek financial advice as appropriate seek financial advice as appropriate .

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Content

Company Background
Bank Consortium MPF Plan
Fund Performance
Fees & Charges
Employer & Employee Servicing
Q & A

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China & Hong Kong Equity Fund

8.15% 2010 54.21% 2009

3.05%

YTD

48.15%

2008 Calendar Year Return Year

The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT 0.30 0.40 0.50 0.60 0.70 0.80 0.90 1.00 01-08 02-08 03-08 04-08 05-08 06-08 07-08 08-08 09-08 10-08 11-08 12-08 01-09 02-09 03-09 04-09 05-09 06-09 07-09 08-09 09-09 10-09 11-09 12-09 01-10 02-10 03-10 04-10 05-10 06-10 07-10 08-10 09-10 10-10 11-10 12-10 01-11 02-11 Unit NAV 單位資產淨值

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Hong Kong Equity Fund

The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

8.91% 2010 56.19% 2009

2.06%

YTD

50.58%

2008 43.62% 2007 37.24% 2006 10.20% 20.59% 42.45% Calendar Year Return 2005 2004 2003 Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT

0.80 1.20 1.60 2.00 2.40 2.80 3.20 3.60 4.00 4.40

9

2

3

3

9

3

3

4

9

4

3

5

9

5

3

6

9

6

3

7

9

7

3

8

9

8

3

9

9

9

3

1

9

1

Unit NAV 單位資產淨值

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Hang Seng Index Tracking Fund

6.56% 2010 1.21% YTD Calendar Year Return Year

The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT

0.84 0.88 0.92 0.96 1.00 1.04 1.08 1.12 1.16 1

9

1

1

4

1

7

1

1

1

1

1

1 Unit NAV 單位資產淨值

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Asian Equity Fund

The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

16.34% 2010 67.42% 2009

3.86%

YTD

50.44%

2008 33.15% 2007 33.78% 2006 23.96% Calendar Year Return 2005 Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT

0.80 1.10 1.40 1.70 2.00 2.30 2.60 2.90 5

4

1 1

4

5

5

1 1

5

5

6

1 1

6

5

7

1 1

7

5

8

1 1

8

5

9

1 1

9

5

1

1 1

1

Unit NAV 單位資產淨值

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The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future

performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

European Equity Fund

2.67% 2010 19.43% 2009 6.65% YTD

32.69%

2008 Calendar Year Return Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT 0.50 0.60 0.70 0.80 0.90 1.00 01-08 04-08 07-08 10-08 01-09 04-09 07-09 10-09 01-10 04-10 07-10 10-10 01-11 Unit NAV 單位資產淨值

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The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

Global Equity Fund

6.58% 2010 24.79% 2009 5.76% YTD

41.42%

2008 4.84% 2007 23.35% 2006 7.42% 15.00% 34.02% Calendar Year Return 2005 2004 2003 Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT 0.80 1.00 1.20 1.40 1.60 1.80 2.00 2.20 2.40 2.60 09-02 03-03 09-03 03-04 09-04 03-05 09-05 03-06 09-06 03-07 09-07 03-08 09-08 03-09 09-09 03-10 09-10 Unit NAV 單位資產淨值

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The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors. .

International Equity Fund

12.13% 2010 32.55% 2009 3.92% YTD 24.16% 2008 Calendar Year Return Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT 0.70 0.80 0.90 1.00 1.10 1.20 1.30 1.40 1.50 10-08 11-08 12-08 01-09 02-09 03-09 04-09 05-09 06-09 07-09 08-09 09-09 10-09 11-09 12-09 01-10 02-10 03-10 04-10 05-10 06-10 07-10 08-10 09-10 10-10 11-10 12-10 01-11 02-11 Unit NAV 單位資產淨值

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Note: SaveEasy Funds are not saving deposit but MPF products. Scheme members should consider factors other than age and seek financial advice as appropriate The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors. .

SaveEasy 2040

11.70% 2010 44.43% 2009 1.57% YTD Calendar Year Return Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT

0.70 0.90 1.10 1.30 1.50 1.70 10-08 11-08 12-08 01-09 02-09 03-09 04-09 05-09 06-09 07-09 08-09 09-09 10-09 11-09 12-09 01-10 02-10 03-10 04-10 05-10 06-10 07-10 08-10 09-10 10-10 11-10 12-10 01-11 02-11 Unit NAV 單位資產淨值

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The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors. Note: SaveEasy Funds are not saving deposit but MPF products. Scheme members should consider factors other than age and seek financial advice as appropriate

SaveEasy 2035

11.56% 2010 44.43% 2009 1.59% YTD Calendar Year Return Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT

0.70 0.90 1.10 1.30 1.50 1.70 10-08 11-08 12-08 01-09 02-09 03-09 04-09 05-09 06-09 07-09 08-09 09-09 10-09 11-09 12-09 01-10 02-10 03-10 04-10 05-10 06-10 07-10 08-10 09-10 10-10 11-10 12-10 01-11 02-11 Unit NAV 單位資產淨值

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The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors. Note: SaveEasy Funds are not saving deposit but MPF products. Scheme members should consider factors other than age and seek financial advice as appropriate

SaveEasy 2030

11.57% 2010 43.08% 2009 1.60% YTD Calendar Year Return Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT 0.70 0.90 1.10 1.30 1.50 1.70 10-08 11-08 12-08 01-09 02-09 03-09 04-09 05-09 06-09 07-09 08-09 09-09 10-09 11-09 12-09 01-10 02-10 03-10 04-10 05-10 06-10 07-10 08-10 09-10 10-10 11-10 12-10 01-11 02-11 Unit NAV 單位資產淨值

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The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested.Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors. Note: SaveEasy Funds are not saving deposit but MPF products. Scheme members should consider factors other than age and seek financial advice as appropriate

SaveEasy 2025

11.13% 2010 42.97% 2009 1.63% YTD Calendar Year Return Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT 0.70 0.90 1.10 1.30 1.50 1.70 10-08 11-08 12-08 01-09 02-09 03-09 04-09 05-09 06-09 07-09 08-09 09-09 10-09 11-09 12-09 01-10 02-10 03-10 04-10 05-10 06-10 07-10 08-10 09-10 10-10 11-10 12-10 01-11 02-11 Unit NAV 單位資產淨值

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The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors. . Note: SaveEasy Funds are not saving deposit but MPF products. Scheme members should consider factors other than age and seek financial advice as appropriate

SaveEasy 2020

10.71% 2010 41.66% 2009 1.52% YTD Calendar Year Return Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT 0.70 0.90 1.10 1.30 1.50 1.70 10-08 11-08 12-08 01-09 02-09 03-09 04-09 05-09 06-09 07-09 08-09 09-09 10-09 11-09 12-09 01-10 02-10 03-10 04-10 05-10 06-10 07-10 08-10 09-10 10-10 11-10 12-10 01-11 02-11 Unit NAV 單位資產淨值

SLIDE 47

47

The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors. .

E90 Mixed Asset Fund

10.82% 2010 39.57% 2009 1.65% YTD 34.16% 2008 Calendar Year Return Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT

0.58 0.78 0.98 1.18 1.38 1.58 10-08 11-08 12-08 01-09 02-09 03-09 04-09 05-09 06-09 07-09 08-09 09-09 10-09 11-09 12-09 01-10 02-10 03-10 04-10 05-10 06-10 07-10 08-10 09-10 10-10 11-10 12-10 01-11 02-11 Unit NAV 單位資產淨值

SLIDE 48

48

The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

E70 Mixed Asset Fund (Formerly known as BCT Growth Fund)

8.72% 2010 25.22% 2009 1.66% YTD

31.91%

2008 18.84% 2007 20.87% 2006 8.86% 13.16% 27.28%

9.93%
15.02%

Calendar Year Return 2005 2004 2003 2002 2001 Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT

0.60 0.80 1.00 1.20 1.40 1.60 1.80 2.00 1 2

6
1

1 2

1

6

2

1 2

2

6

3

1 2

3

6

4

1 2

4

6

5

1 2

5

6

6

1 2

6

6

7

1 2

7

6

8

1 2

8

6

9

1 2

9

6

1

1 2

1

Unit NAV 單位資產淨值

SLIDE 49

49

The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

E50 Mixed Asset Fund (Formerly known as BCT Balanced Fund)

7.12% 2010 17.91% 2009 1.29% YTD

21.98%

2008 15.58% 2007 15.97% 2006 5.37% 11.22% 22.43%

3.60%
11.03%

Calendar Year Return 2005 2004 2003 2002 2001 Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT 0.60 0.80 1.00 1.20 1.40 1.60 1.80 1 2

6
1

1 2

1

6

2

1 2

2

6

3

1 2

3

6

4

1 2

4

6

5

1 2

5

6

6

1 2

6

6

7

1 2

7

6

8

1 2

8

6

9

1 2

9

6

1

1 2

1

Unit NAV 單位資產淨值

SLIDE 50

50

The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

E30 Mixed Asset Fund Mixed Asset Fund (Formerly known as BCT Stable Fund)

5.50% 2010 9.79% 2009 0.90% YTD

11.43%

2008 12.05% 2007 10.92% 2006 1.68% 9.15% 17.27% 2.83%

6.30%

Calendar Year Return 2005 2004 2003 2002 2001 Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT 0.80 1.00 1.20 1.40 1.60 1.80 1 2

1

2

1

1 2

2

1 2

3

1 2

4

1 2

5

1 2

6

1 2

7

1 2

8

1 2

9

1 2

1

Unit NAV 單位資產淨值

SLIDE 51

51

# While the underlying APIF aims to achieve absolute returns, there may be circumstances under which this is not possible. Therefore, the absolute positive returns are not guaranteed.

The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

Absolute Return Fund #

5.29% 2010 10.84% 2009 0.77% YTD

9.33%

2008 7.55% 2007 8.40% 2006 Calendar Year Return Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT

0.98 1.02 1.06 1.10 1.14 1.18 1.22 1.26 1.30 1.34 8

5

1 1

5

2

6

5

6

8

6

1 1

6

2

7

5

7

8

7

1 1

7

2

8

5

8

8

8

1 1

8

2

9

5

9

8

9

1 1

9

2

1

5

1

8

1

1 1

1

2

1

1 Unit NAV 單位資產淨值

SLIDE 52

52

The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

Global Bond Fund

8.29% 2010 8.68% 2009 0.98% YTD 0.58% 2008 5.98% 2007 3.90% 2006

4.31%

7.83% 12.39% Calendar Year Return 2005 2004 2003 Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT

0.95 1.05 1.15 1.25 1.35 1.45 1.55 1.65 1

2

3

3

8

3

1

4

6

4

1 1

4

4

5

9

5

2

6

7

6

1 2

6

5

7

1

7

3

8

8

8

1

9

6

9

1 1

9

4

1

9

1

2

1

1 Unit NAV 單位資產淨值

SLIDE 53

53

Hong Kong Dollar Bond Fund Hong Kong Dollar Bond Fund

2.90% 2010 0.35% YTD Calendar Year Return Year

The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT

0.98 1.02 1.06 1

9

1

1

4

1

7

1

1

1

1

1

1 Unit NAV 單位資產淨值

SLIDE 54

54

Fees and charges of MPF Conservative Fund can be deducted from either (i) the assets of the fund or (ii) members’ account by way of unit deduction. These funds use method (i) and, therefore, unit prices / NAV / fund performance quoted have incorporated the impact of fees and charges. An investment in the Bank Consortium Capital Preservation Fund is not the same as placing funds on deposit with a bank or deposit taking company and there is no guarantee that the investment can be redeemed at the subscription value. The Capital Preservation Fund is not subject to the supervision of the Hong Kong Monetary Authority. Bank Consortium Capital Preservation Fund does not guarantee the repayment of capital.

The calendar year return is calculated on the basis of NAV to NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

MPF Conservative Fund

0.01% 2010 0.01% 2009 0.00% YTD 1.13% 2008 2.81% 2007 2.69% 2006 1.03% 0.02% 0.04% 0.41% 2.68% Calendar Year Return 2005 2004 2003 2002 2001 Year

As of 28 February 2011, source: BCT As of 28 February 2011, source: BCT

0.98 1.02 1.06 1.10 1.14 1 2

6
1

1 2

1

6

2

1 2

2

6

3

1 2

3

6

4

1 2

4

6

5

1 2

5

6

6

1 2

6

6

7

1 2

7

6

8

1 2

8

6

9

1 2

9

6

1

1 2

1

Unit NAV 單位資產淨值

SLIDE 55

55

Fund Performance Summary as of 28 Feb 2011

1) These funds are not saving deposit but MPF products. Scheme members should consider factors other than age and seek financial advice as appropriate. 2) Whilst the underlying APIF aims to achieve absolute returns, there may be circumstances under which this is not possible. Therefore, the absolute positive returns are not guaranteed. 3) Fees and charges of capital preservation fund can be deducted from either (i) the assets of the fund or (ii) members ’ account by way of unit deduction. These funds use method (i) and, therefore, unit prices / NAV / fund performance quoted have incorporated the impact of fees and charges. This fund does not guarantee the repayment of capital. Fees and charges of capital preservation fund can be deducted from either (i) the assets of the fund or (ii) members’ account by way of unit deduction. These funds use method (i) and, therefore, unit prices / NAV / fund performance quoted have incorporated the impact of fees and charges.

An investment in the Bank Consortium An investment in the Bank Consortium MPF MPF Conservative Conservative Fund Fund is not the same as placing funds on deposit with a bank or depo is not the same as placing funds on deposit with a bank or deposit taking sit taking company and there is no guarantee that the investment can be red company and there is no guarantee that the investment can be redeemed at the subscription value. The Capital Preservation Fund i eemed at the subscription value. The Capital Preservation Fund is not s not subject to the supervision of the Hong Kong Monetary Authority. subject to the supervision of the Hong Kong Monetary Authority.

4) Source : Lipper ^ “growth rate in %” is calculated on the basis of NAV-to-NAV in HK$ with dividend reinvested. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

C h i n a & H o n g K o n g E q u i t y F u n d 1 / 1 / 2 0 0 8

1 5 . 0 1 %

1 . 7 5 %

n/a

H o n g K o n g E q u i t y F u n d 1 / 1 0 / 2 0 0 2

1 2 . 9 7 %

1 . 7 1 %

8 . 5 1 %

H a n g S e n g I n d e x T r a c k i n g F u n d 1 / 1 0 / 2 0 0 9

1 4 . 5 1 % n/a n/a

A s i a n E q u i t y F u n d 1 / 5 / 2 0 0 4

1 9 . 9 6 % 0.64% 9 . 1 7 %

E u r o p e a n E q u i t y F u n d 1 / 1 / 2 0 0 8

1 5 . 6 2 %

2 . 5 6 %

n/a

G l o b a l E q u i t y F u n d 1 / 1 0 / 2 0 0 2

1 8 . 1 7 %

2 . 5 4 %

0 . 2 9 %

I n t e r n a t i o n a l E q u i t y F u n d 2 7 / 1 0 / 2 0 0 8

1 9 . 8 2 % n/a n/a

S a v e E a s y 2 0 4 0 1 2 7 / 1 0 / 2 0 0 8

1 8 . 1 1 % n/a n/a

S a v e E a s y 2 0 3 5 1 2 7 / 1 0 / 2 0 0 8

1 7 . 9 3 % n/a n/a

S a v e E a s y 2 0 3 0 1 2 7 / 1 0 / 2 0 0 8

1 8 % n/a n/a

S a v e E a s y 2 0 2 5 1 2 7 / 1 0 / 2 0 0 8

1 7 . 5 6 % n/a n/a

S a v e E a s y 2 0 2 0 1 2 7 / 1 0 / 2 0 0 8

1 6 . 7 8 % n/a n/a

E 9 0 M i x e d A s s e t F u n d 2 7 / 1 0 / 2 0 0 8

1 6 . 9 % n/a n/a

E 7 0 M i x e d A s s e t F u n d 1 / 1 2 / 2 0 0 0

1 4 . 5 7 % 0 . 1 % 5 . 3 4 %

E 5 0 M i x e d A s s e t F u n d 1 / 1 2 / 2 0 0 0

1 1 . 3 1 % 1.07% 5 . 3 2 %

E 3 0 M i x e d A s s e t F u n d 1 / 1 2 / 2 0 0 0

8 . 0 7 % 1.41% 4 . 7 4 %

A b s o l u t e R e t u r n F u n d

2

1 / 8 / 2 0 0 5

5 . 6 2 % 2.22% 4 . 0 4 %

G l o b a l B o n d F u n d 1 / 1 0 / 2 0 0 2

7 . 6 8 % 4.78% 5 . 4 7 %

H o n g K o n g D o l l a r B o n d F u n d 1 / 1 0 / 2 0 0 9

1 . 7 9 % n/a n/a

M P F C o n s e r v a t i v e F u n d

3

1 / 1 2 / 2 0 0 0

0 . 0 1 % 0.28% 1 . 2 4 %

A n n u a l i z e d g r o w t h r a t e i n 3 y e a r s ( F e b 2 0 0 8 - F e b 2 0 1 1 ) ^ , 4 A n n u a l i z e d g r o w t h r a t e i n 5 y e a r s ( F e b 2 0 0 6 - F e b 2 0 1 1 ) ^ , 4 L i f e C y c l e F u n d s 1 y e a r g r o w t h r a t e

^, 4

M i x e d A s s e t F u n d s O t h e r s F u n d N a m e L a u n c h D a t e E q u i t y F u n d s

SLIDE 56

56

1-Year Performance as of 28 Feb 2011

% 2 % 4 % 6 % 8 % 1 % 1 2 % 1 4 % 1 6 % 1 8 % 2 % A n n u a l i z e d R e t u r n

BCT 8.07% 11.31% 14.57% 16.90% 12.97% 19.96% 14.51% 18.17% 7.68% 1.79% 15.01% 15.62% 19.82% Market Median 7.31% 10.93% 13.88% 16.94% 14.01% 19.96% 14.01% 17.73% 3.68% 1.46% 14.01% 17.30% 17.73% E30 Mixed Asset E50 Mixed Asset E70 Mixed Asset E90 Mixed Asset Hong Kong Equity Asian Ex Japan Equity Hang Seng Index Tracking Global Equity Global Bond Hong Kong Dollar Bond China & Hong Kong Equity European Equity Internation al Equity

Remarks: “growth rate in %” is calculated on the basis of NAV-to-NAV in HK$ with dividend reinvested. # While the underlying APIF aims to achieve absolute returns, there may be circumstances under which this is not possible. Other funds have been launched by less than 1 year as at 28 Feb 2011. Therefore, the performance figures are not shown here Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, Including the risk factors. Source: Lipper

SLIDE 57

57

3-Year Performance as of 28 Feb 2011

3

%

2

%

1

% % 1 % 2 % 3 % 4 % 5 % A n n u a l i z e d R e t u r n

BCT 1.41% 1.07% 0.10%

1.71%

0.64%

2.54%

4.78% Market Median 1.57% 1.05% 0.09%

0.08%

0.55%

2.25%

2.78% E30 Mixed Asset E50 Mixed Asset E70 Mixed Asset Hong Kong Equity Asian Ex Japan Equity Global Equity Global Bond

Remarks: “growth rate in %” is calculated on the basis of NAV-to-NAV in HK$ with dividend reinvested. Other funds have been launched by less than 3 years as at 28 Feb 2011. Therefore, the performance figures are not shown here Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors. Source: Lipper

SLIDE 58

58

5-Year Performance as of 28 Feb 2011

% 1 % 2 % 3 % 4 % 5 % 6 % 7 % 8 % 9 % 1 % A n n u a l i z e d R e t u r n B C T 4 . 7 4 % 5 . 3 2 % 5 . 3 4 % 8 . 5 1 % . 2 9 % 5 . 4 7 % 9 . 1 7 % Ma r k e t Me d i a n 4 . 5 1 % 5 . 1 9 % 5 . 3 4 % 9 . 6 6 % . 3 7 % 4 . 9 4 % 9 . 2 % E 3 Mi x e d A s s e t E 5 Mi x e d A s s e t E 7 Mi x e d A s s e t H

n

g K

n

g E q u i t y G l

b

a l E q u i t y G l

b

a l B

n

d A s i a n E x J a p a n E q u i t y

Remarks: “growth rate in %” is calculated on the basis of NAV-to-NAV in HK$ with dividend reinvested. Other funds have been launched by less than 5 years as at 28 Feb 2011. Therefore, the performance figures are not shown here. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors. Source: Lipper

SLIDE 59

59

7-Year Performance as of 28 Feb 2011

% 1 % 2 % 3 % 4 % 5 % 6 % 7 % 8 % 9 % 1 % A n n u a l i z e d R e t u r n

BCT 4.84% 6.08% 6.84% 9.81% 3.57% 4.33% Market Median 4.75% 5.62% 6.80% 9.77% 3.39% 3.53% E30 Mixed Asset E50 Mixed Asset E70 Mixed Asset Hong Kong Equity Global Equity Global Bond

Remarks: “growth rate in %” is calculated on the basis of NAV-to-NAV in HK$ with dividend reinvested. Other funds have been launched by less than 7 years as at 28 Feb 2011. Therefore, the performance figures are not shown here. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors. Source: Lipper

SLIDE 60

60

Fund Performance by Dollar Cost Averaging as of 28 Feb 2011

Assumptions:1) monthly contribution made at the end of the month Assumptions:1) monthly contribution made at the end of the month = $1,000 = $1,000 2) all invest in one single fund throug 2) all invest in one single fund throughout the period hout the period

Source: BCT

Fees and charges of capital preservation fund can be deducted from either (i) the assets of the fund or (ii) members’ account by way of unit deduction. These funds use method (i) and, therefore, unit prices / NAV / fund performance quoted have incorporated the impact of fees and charges. An investment in the Bank Consortium An investment in the Bank Consortium MPF Conservative Fund MPF Conservative Fund is not the same as placing funds on deposit with a bank or depos is not the same as placing funds on deposit with a bank or depos it taking company and it taking company and there is no guarantee that the investment can be redeemed at the there is no guarantee that the investment can be redeemed at the subscription value. The subscription value. The MPF Conservative Fund MPF Conservative Fund is not subject to the supervision of the is not subject to the supervision of the Hong Kong Monetary Authority. Hong Kong Monetary Authority. SaveEasy Funds are not saving deposit but MPF products. Scheme m SaveEasy Funds are not saving deposit but MPF products. Scheme members should consider factors other than age and seek financial embers should consider factors other than age and seek financial advice as appropriate advice as appropriate # While the underlying APIF aims to achieve absolute returns, there may be circumstances under which this is not possible. Therefore, the absolute positive returns are not guaranteed. Investment involves risk. The value of constituent funds may fall as well as rise. Past performance is not indicative of future performance. Investors should refer to the relevant principal brochures for further details, including the risk factors.

A c c u m u l a t e d U n i t s ( S i n c e l a u n c h ) U n i t P r i c e a s a t 2 8 / 0 2 / 2 0 1 1 T o t a l C o n t r i b u t i o n ( S i n c e l a u n c h ) P r o f i t / L o s s ( S i n c e l a u n c h ) R e t u r n % ( S i n c e l a u n c h ) C h i n a & H o n g K o n g E q u i t y F u n d e 5 4 , 5 1 8 $ 0 . 8 3 8 4 $ 3 8 , 0 0 0 $ 7 , 7 0 8 2 0 . 2 8 % H o n g K o n g E q u i t y F u n d b 5 2 , 1 3 3 $ 3 . 0 8 2 9 $ 1 0 1 , 0 0 0 $ 5 9 , 7 2 1 5 9 . 1 3 % H a n g S e n g I n d e x T r a c k i n g F u n d

g

1 6 , 6 5 9 $ 1 . 1 0 6 6 $ 1 7 , 0 0 0 $ 1 , 4 3 5 8 . 4 4 % A s i a n E q u i t y F u n d

c

5 1 , 4 8 9 $ 2 . 3 3 3 1 $ 8 2 , 0 0 0 $ 3 8 , 1 3 0 4 6 . 5 0 % E u r o p e a n E q u i t y F u n d

e

4 9 , 8 8 2 $ 0 . 8 8 0 3 $ 3 8 , 0 0 0 $ 5 , 9 1 2 1 5 . 5 6 % G l o b a l E q u i t y F u n d

b

6 3 , 0 6 5 $ 1 . 9 0 9 2 $ 1 0 1 , 0 0 0 $ 1 9 , 4 0 3 1 9 . 2 1 % I n t e r n a t i o n a l E q u i t y F u n d f 2 4 , 5 9 0 $ 1 . 5 3 3 4 $ 2 9 , 0 0 0 $ 8 , 7 0 6 3 0 . 0 2 % S a v e E a s y 2 0 4 0 F u n d f 2 2 , 8 1 5 $ 1 . 6 4 8 3 $ 2 9 , 0 0 0 $ 8 , 6 0 6 2 9 . 6 7 % S a v e E a s y 2 0 3 5 F u n d

f

2 3 , 4 8 1 $ 1 . 5 9 9 7 $ 2 9 , 0 0 0 $ 8 , 5 6 3 2 9 . 5 3 % S a v e E a s y 2 0 3 0 F u n d

f

2 3 , 1 2 3 $ 1 . 6 1 9 0 $ 2 9 , 0 0 0 $ 8 , 4 3 6 2 9 . 0 9 % S a v e E a s y 2 0 2 5 F u n d

f

2 2 , 7 9 1 $ 1 . 6 3 7 2 $ 2 9 , 0 0 0 $ 8 , 3 1 4 2 8 . 6 7 % S a v e E a s y 2 0 2 0 F u n d

f

2 2 , 9 1 7 $ 1 . 6 1 5 1 $ 2 9 , 0 0 0 $ 8 , 0 1 3 2 7 . 6 3 % E 9 0 M i x e d A s s e t F u n d

f

2 3 , 4 5 8 $ 1 . 5 7 2 3 $ 2 9 , 0 0 0 $ 7 , 8 8 3 2 7 . 1 8 % E 7 0 M i x e d A s s e t F u n d

a

1 1 1 , 6 4 9 $ 1 . 6 0 8 2 $ 1 2 3 , 0 0 0 $ 5 6 , 5 5 4 4 5 . 9 8 % E 5 0 M i x e d A s s e t F u n d

a

1 0 5 , 3 5 0 $ 1 . 6 4 6 4 $ 1 2 3 , 0 0 0 $ 5 0 , 4 4 8 4 1 . 0 1 % E 3 0 M i x e d A s s e t F u n d

a

1 0 1 , 2 7 6 $ 1 . 6 1 3 3 $ 1 2 3 , 0 0 0 $ 4 0 , 3 8 9 3 2 . 8 4 % A b s o l u t e R e t u r n F u n d

d

5 8 , 3 0 4 $ 1 . 2 8 8 2 $ 6 7 , 0 0 0 $ 8 , 1 0 7 1 2 . 1 0 % G l o b a l B o n d F u n d

b

7 8 , 9 6 8 $ 1 . 6 0 3 5 $ 1 0 1 , 0 0 0 $ 2 5 , 6 2 5 2 5 . 3 7 % H o n g K o n g D o l l a r B o n d F u n d

g

1 6 , 5 6 9 $ 1 . 0 2 9 4 $ 1 7 , 0 0 0 $ 5 6 0 . 3 3 % M P F C o n s e r v a t i v e F u n d a 1 1 5 , 9 1 5 $ 1 . 1 1 2 9 $ 1 2 3 , 0 0 0 $ 6 , 0 0 2 4 . 8 8 %

L a u n c h D a t e ( a ) 1 / 1 2 / 2 0 0 0 ; ( b ) 1 / 1 0 / 2 0 0 2 ; ( c ) 1 / 5 / 2 0 0 4 ; ( d ) 1 / 8 / 2 0 0 5 ; ( e ) 1 / 1 / 2 0 0 8 ; ( f ) 2 7 / 1 0 / 2 0 0 8 ; ( g ) 1 / 1 0 / 2 0 0 9

L o w e r R i s k F u n d s F u n d M i x e d A s s e t F u n d s L i f e C y c l e F u n d s E q u i t y F u n d s

SLIDE 61

61

Content

Company Background
Bank Consortium MPF Plan
Fund Performance
Fees & Charges
Employer & Employee Servicing
Q & A

SLIDE 62

62

Fees & Charges

Note: Please refer to Principal Brochure for details, including the risk factors. * Management Fee is reduced up to 1.32% 5 years prior to the beginning of the target year) ** Fees and charges of capital preservation fund can be deducted from either (i) the assets of the fund or (ii) members ’ account by way of unit deduction. These funds use method (i) and, therefore, unit prices / NAV / fund performance quoted have incorporated the impact of fees and charges. ^ Such rate is not inclusive of the administrator fee of a fixedrate from US$13,800-US$55,200 per annum and the custodian fee payable out of the assets of the underlying APIF of Bank Consortium Hong Kong Equity Fund. (Fo r details, please refer to Part II of the Explanatory Notes)

1.25% Hong Kong Dollar Bond Fund 0.85% -0.90% Hang Seng Index Tracking Fund 1.20% MPF Conservative Fund ** 1.44-1.45% Global Bond Fund 1.43% Absolute Return Fund Others E30 Mixed Asset Fund (30% Equity) E50 Mixed Asset Fund (50% Equity) 1.625% E70 Mixed Asset Fund (70% Equity) up to 1.55% E90 Mixed Asset Fund (90% Equity) Mixed Asset Funds up to 1.57% Save Easy Fund Series 2020, 2025, 2030, 2035, 2040 Life Cycle Funds* up to 1.57% International Equity Fund 1.73-1.74% Global Equity Fund 1.588% European Equity Fund 1.625% Asian Equity Fund 1.44-1.45%^ Hong Kong Equity Fund

1. 588%

China & Hong Kong Equity Fund Equity Funds Annual Management Fee Fund Name

SLIDE 63

63

Content

Company Background
Bank Consortium MPF Plan
Fund Performance
Fees & Charges
Employer & Employee Servicing
Q & A

SLIDE 64

64

Privileged Client Services Privileged Client Services for Employer for Employer

SLIDE 65

65

Designated relationship and administration team to handle: MPF plan setup Member enrolment Contribution allocation Member termination Transfer of accrued benefits / scheme assets Versatile MPF / Payroll software for FREE PayEasy MPF Contribution Calculator C-online (internet)

Privileged Employer Services

SLIDE 66

66

Monthly Contribution Receipt Received Date Amount of payment received Breakdown of amount allocated to individual members Semi-annual & Annual Employer Summary List of active / terminated members Amount of contribution during the year Balance of accrued benefit (ER portion) for individual members Quarterly Newsletter

Regular Communications

SLIDE 67

67

Account Enquiry Accrued balance of the group Unvested / Suspense Account Balance available Contribution Summary for the past 24 payroll periods Employee Status Summary (list of active / terminated employees) Online Contribution submission: C-Online FREE online tool to calculate and submit contribution data to BCT Retrieval of submitted contribution data Employee termination Others Change of contact information MPF information update Investment & fund information Forms download

Web Service to Employer

SLIDE 68

68

Employer Hotline / 24-Hour IVRS 2298 9388 Regular Employer Seminar Annual Investment Seminar Special Investment Seminar (on request)

Other Services

SLIDE 69

69

Privileged Client Services Privileged Client Services for Members for Members

SLIDE 70

70

Member Hotline – 2298 9333 (HK Center)

Account Enquiry Account Balance and Contribution Record Request for PIN Information Request Latest Fund Information and Prices Publications Up-to-date Product Information Administration Forms Service Hours Monday to Friday 09:00 am – 06:00 pm Saturday 09:00 am – 01:00 pm

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Account Enquiry Account Balance Contribution Record Change PIN Asset/ Fund re-allocation Information available Administration form by fax MPF Related Information Latest Fund Prices

24-hour Interactive Voice Response System 2298 9333 (“IVRS”)

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Web Service to Members Web Service to Members – – www.bcthk.com www.bcthk.com

Account Enquiry Check Account Balance Check Contribution Record Change PIN Personal Information Update Perform Fund Re-balancing/ Change of Investment Mandate Information Request Download Quarterly Statement, Administration forms, Fund Monitor, Fund Performance, Fact Sheet BCT Newsline Read and/or download Employer / Member Guide Check Fund Prices Financial Market Trend and Investment relate Information

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Regular Publications Member Benefit Statements directly mailed to employees semi-annually and quarterly e-statement BCT Newsline Fund Performance Fact Sheet Monthly Fund Monitor Monthly Fund Performance Table Scheme Related Materials Member Guide MPF brochures and product pamphlets

Publications to Members

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Investment Seminar Annual Investment Seminar Special Investment Seminar (on request) ATM machine to check Contribution Record and Balance Hassle free tool for retirement saving Special Voluntary Contribution Savings Plan

Other Services

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Branch Network

a network of more than 300 branches in Hong Kong

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Q & A Q & A

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Disclaimer:

The information and materials provided in this presentation and briefing are not intended for, and should not be used for, public distribution. All information and materials contained in this briefing and presentation are provided solely for reference and information purposes only and should not be treated as an invitation,

ffer or solicitation of any investments products or services and are not intended to

be treated as professional advice in whatever nature and should not be relied upon as

such. Investment involves risk. Past performance is not indicative of future
performance. The value of constituent funds may fall as well as rise.

You are advised to obtain appropriate independent professional advice, if needed. For further information about the risks involved and other details, please refer to the relevant Principal Brochure. Issuer: Bank Consortium Trust Company Limited