2019 Scheme Ratings and Award Winners Announced by MPF Ratings

MPF Ratings Ltd (MPFR), an independent MPF research provider today announced its highly anticipated annual ratings of MPF Schemes; and for the first time ever both HSBC and Hang Seng’s SuperTrust Plus and ValueChoice schemes achieved a “Gold” rating; the highest rating issued by MPFR.  The ratings are seen as an industry standard as the ratings are relative to industry participants and considers factors beyond simply performance and fees. Schemes are awarded “Gold”, “Silver” and “Bronze” ratings to reflect a schemes’ overall value for money to members.

MPF Ratings’ Chairman, Francis Chung (叢川普), said assessing schemes in a volatile investment climate highlighted the importance of other factors. “Rising account balances have elevated the public’s awareness of MPF. Beyond performance and fees MPF account holders are now demanding better levels of service and protection of their interests.  The two biggest MPF providers, HSBC/Hang Seng and Manulife, are leading the industry in governance reform, while Sun Life is delivering industry leading information to allow their members to make better informed decisions. All of which is important, especially in a difficult investment climate.”

While announcing the ratings, MPFR also announced its award recipients, whose contributions to the MPF industry in the past 12 months will be celebrated at next month’s “The 2019 MPF Awards”; an evening which will culminate the announcement of the “MPF Scheme of the Year, the “MPF People’s Choice Award” and the “MPF Employers’ Choice Award”.

A full list of MPF Scheme Ratings and Award winners are provided below:

www.mpfratings.com.hk/ratings-and-awards/

2019 Gold Ratings

Gold Rating: Gold rated MPF schemes are best value for money MPF schemes that are well balanced across all key assessment criteria.

  • BCT (MPF) Pro Choice
  • BEA (MPF) Value Scheme
  • China Life MPF Master Trust Scheme
  • Fidelity Retirement Master Trust
  • Hang Seng Mandatory Provident Fund – SuperTrust Plus
  • Hang Seng Mandatory Provident Fund – ValueChoice
  • HSBC Mandatory Provident Fund – SuperTrust Plus
  • HSBC Mandatory Provident Fund – ValueChoice
  • Invesco Strategic MPF Scheme
  • My Choice Mandatory Provident Fund Scheme
  • Principal MPF Scheme Series 600
  • Sun Life Rainbow MPF Scheme

2019 Silver Ratings

Silver Rating: Silver rated MPF schemes are good value for money MPF schemes that are well regarded across most key assessment criteria.

  • BCT (MPF) Industry Choice
  • BEA (MPF) Industry Scheme
  • BEA (MPF) Master Trust Scheme
  • Manulife Global Select (MPF) Scheme
  • Principal MPF Scheme Series 800
  • Sun Life MPF Master Trust

2019 Bronze Ratings

Bronze Rating: Bronze rated MPF schemes are fair value for money MPF schemes that are well regarded across only some key assessment criteria.

  • AIA MPF – Prime Value Choice
  • Allianz Global Investors MPF Plan
  • AMTD MPF Scheme
  • BCOM Joyful Retirement MPF Scheme
  • BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme
  • Haitong MPF Retirement Fund
  • Mass Mandatory Provident Fund Scheme
  • Principal MPF – Simple Plan
  • Principal MPF – Smart Plan
  • Sun Life MPF Basic Scheme (formerly known as FWD MPF Master Trust Basic Scheme)
  • Sun Life MPF Comprehensive Scheme (formerly known as FWD MPF Master Trust Comprehensive scheme)

5 Year Consecutive Gold Ratings for 2019

  • Fidelity Retirement Master Trust
  • Invesco Strategic MPF Scheme
  • My Choice Mandatory Provident Fund Scheme
  • Principal MPF Scheme Series 600
  • Sun Life Rainbow MPF Scheme

MPF Ratings’ 2019 Gold Rated Schemes & MPF Scheme of the Year Finalists

  • BCT (MPF) Pro Choice
  • BEA (MPF) Value Scheme
  • China Life MPF Master Trust Scheme
  • Fidelity Retirement Master Trust
  • Hang Seng Mandatory Provident Fund – SuperTrust Plus
  • Hang Seng Mandatory Provident Fund – ValueChoice
  • HSBC Mandatory Provident Fund – SuperTrust Plus
  • HSBC Mandatory Provident Fund – ValueChoice
  • Invesco Strategic MPF Scheme
  • My Choice Mandatory Provident Fund Scheme
  • Principal MPF Scheme Series 600
  • Sun Life Rainbow MPF Scheme

2019 Rising Star

  • HSBC Mandatory Provident Fund – ValueChoice

2019 Best New Innovator

  • China Life MPF Master Trust Scheme

2019 Fast Mover

 

  • Hang Seng Mandatory Provident Fund – ValueChoice

2019 Good Governance

  •  Manulife Global Select (MPF) Scheme

2019 Best Administration

  •  BCT (MPF) Pro Choice / BCT (MPF) Industry Choice

2019 Best Use of Technology

  •  Fidelity Retirement Master Trust

2019 Best Employer Servicing

  •  Manulife Global Select (MPF) Scheme

2019 Best Member Servicing

  •  Sun Life Rainbow MPF Scheme

2019 Best Communication and Education

  •  Fidelity Retirement Master Trust

2019 Socially Responsible

  • AIA MPF – Prime Value Choice
  • Manulife Global Select (MPF) Scheme

1 Year Consistent Performer for 2019

Bond Fund My Choice Mandatory Provident Fund Scheme – My Choice HKD Bond Fund
Equity Fund (Asia) My Choice Mandatory Provident Fund Scheme – My Choice Asia Equity Fund
Equity Fund (HK & China) My Choice Mandatory Provident Fund Scheme – My Choice Hong Kong Tracking Fund
Equity Fund (International) Mass Mandatory Provident Fund Scheme – US Equity Fund
Mixed Asset Fund (21-40) BEA (MPF) Value Scheme – BEA Stable Fund
Mixed Asset Fund (41-60) BEA (MPF) Value Scheme – BEA Balanced Fund
Mixed Asset Fund (61-80) BEA (MPF) Value Scheme – BEA Growth Fund
Mixed Asset Fund (81-100) My Choice Mandatory Provident Fund Scheme – My Choice Growth Fund
Mixed Asset Fund (Dynamic) AIA MPF – Prime Value Choice – China HK Dynamic Asset Allocation Fund
Default Investment Strategy Fund (Core Accumulation Fund) BEA (MPF) Value Scheme – BEA Core Accumulation Fund
Default Investment Strategy Fund (Age 65 Plus Fund) BEA (MPF) Value Scheme – BEA Age 65 Plus Fund
MPF Conservative Fund Invesco Strategic MPF Scheme – MPF Conservative Fund
Guaranteed Fund China Life MPF Master Trust Scheme – China Life Retire-Easy Guarantee Fund

5 Year Consistent Performer for 2019

Bond Fund My Choice Mandatory Provident Fund Scheme – My Choice HKD Bond Fund
Equity Fund (Asia) BCT (MPF) Pro Choice BCT – BCT (Pro) Asian Equity Fund BCT
Equity Fund (HK & China) Sun Life Rainbow MPF Scheme – Sun Life MPF Hong Kong Equity Fund
Equity Fund (International) BEA (MPF) Master Trust Scheme – BEA (MPF) North American Equity Fund
Mixed Asset Fund (21-40) BEA (MPF) Value Scheme – BEA Stable Fund
Mixed Asset Fund (41-60) Sun Life Rainbow MPF Scheme – Sun Life MPF Balanced Fund
Mixed Asset Fund (61-80) Sun Life Rainbow MPF Scheme – Sun Life MPF Growth Fund
Mixed Asset Fund (81-100) My Choice Mandatory Provident Fund Scheme – My Choice Growth Fund
Mixed Asset Fund (Dynamic) BCT (MPF) Pro Choice – BCT (Pro) SaveEasy 2020 Fund
MPF Conservative Fund BEA (MPF) Value Scheme – BEA MPF Conservative Fund
Guaranteed Fund China Life MPF Master Trust Scheme – China Life Retire-Easy Guarantee Fund

10 Year Consistent Performer for 2019

Bond Fund Fidelity Retirement Master Trust – Hong Kong Bond Fund
Equity Fund (Asia) Mass Mandatory Provident Fund Scheme – Asian Pacific Equity Fund
Equity Fund (HK & China) Sun Life Rainbow MPF Scheme – Sun Life MPF Hong Kong Equity Fund
Equity Fund (International) Mass Mandatory Provident Fund Scheme – US Equity Fund
Mixed Asset Fund (21-40) Sun Life Rainbow MPF Scheme – Sun Life MPF Stable Fund
Mixed Asset Fund (41-60) Sun Life Rainbow MPF Scheme – Sun Life MPF Balanced Fund
Mixed Asset Fund (61-80) Sun Life Rainbow MPF Scheme – Sun Life MPF Growth Fund
Mixed Asset Fund (81-100) Sun Life MPF Master Trust – Schroder MPF Growth Portfolio
Mixed Asset Fund (Dynamic) BCT (MPF) Pro Choice – BCT (Pro) Flexi Mixed Asset Fund
MPF Conservative Fund BCOM Joyful Retirement MPF Scheme – BCOM MPF Conservative Fund
Guaranteed Fund China Life MPF Master Trust Scheme – China Life Retire-Easy Guarantee Fund