[October 29, 2024 – Hong Kong] Sun Life is delighted to announce the launch of “MPF Navigator”¹ a next-generation investment tool. This innovative tool aims to encourage MPF members to take a more active role in managing their retirement savings. Developed by AQUMON, a leading financial technology digital wealth management company in Hong Kong, “MPF Navigator” integrates advanced algorithms, cutting-edge technology, and market analysis and forecasting trend from various financial experts including Sun Life Asset Management (Hong Kong) Limited. The platform represents a true collaboration between human insight and machine intelligence. Initially, it will be available to selected Clients, with full access for all Sun Life MPF members by the first quarter of next year.

Through a simple assessment, “MPF Navigator” categorizes MPF members into five “Reference Investment Portfolios” based on their risk tolerance, investment goals, and investment preferences. These profiles - Ambitious, Growth, Balanced, Stable, and Cautious - each represents a different asset allocation between stocks and bonds, providing MPF members with diversified portfolios that meet their needs. “MPF Navigator” also provides quarterly updates to ensure MPF members receive timely information in response to market changes.

“MPF Navigator” employs advanced tokenisation technology to safeguard user privacy, allowing MPF members to access personalized MPF “Reference Investment Portfolios” without having to submit sensitive personal information such as full name, gender, ID number and other contact details. This enables MPF members to evaluate their accounts more comprehensively.

Rainbow Pan, General Manager, Wealth and Pension of Sun Life Hong Kong Limited, said, "MPF has been established for nearly 24 years and has helped build more than HK$1.23 trillion² in retirement reserve for Hong Kong’s workforce. A well-managed MPF portfolio can significantly enhance MPF members’ retirement protection. Our internal data shows that in the past three years³, less than 30% of our MPF members have actively managed their MPF accounts through online platforms or apps. Busy schedules or a lack of investment knowledge often prevent MPF members from making timely decisions about their portfolios. At Sun Life, we put our Clients first, and with AQUMON, we have developed ‘MPF Navigator’, a cutting-edge investment platform that combines human expertise with advanced technology. Along with our upgraded retirement savings calculator, we are offering MPF members comprehensive, personalized, and timely solution to help them achieve their retirement goals.”

Stanely Ngan, Chief Executive Officer of Sun Life Asset Management (Hong Kong) Limited, said, "Our asset management team brings over 20 years of experience across fund-of-funds management, fund analysis, advisory and macroeconomic analysis. ‘MPF Navigator’ is designed to be user-friendly, combining big data technology with the ‘brains’ of our investment experts to offer MPF members comprehensive and personalised investment advice. With just a simple evaluation, MPF members can receive model portfolios that match their risk tolerance and investment objectives. In addition, MPF members can compare their current portfolio with the model portfolios of ‘MPF Navigator’, allowing for flexible management of asset allocation.”

Kelvin Lei, CEO and Co-founder of AQUMON, added, "We are delighted to partner with Sun Life in developing the industry's first investment tool driven by both human insight and machine intelligence. AQUMON’s strength lies in using digital wealth management technology to analyse big data, identify trends, assess risks and recognize opportunities. Sun Life’s asset management team excels in market analysis and forecasting future trends. Together, we provide MPF Clients with a smarter, simpler and more precise investment support experience.”

About Sun Life

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, Mainland China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30, 2024, Sun Life had total assets under management of $1.46 trillion. For more information, please visit www.sunlife.com.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. Sun Life Financial Inc. is the holding company of Sun Life Assurance Company of Canada. Sun Life Hong Kong Limited is a wholly-owned subsidiary of Sun Life Assurance Company of Canada.

About AQUMON

AQUMON is a leading digital wealth management FinTech company based in Hong Kong. Through its proprietary algorithms and scalable, technical infrastructure, AQUMON’s automated platform empowers anyone to invest and maximise their returns. Incubated by the HKUST, the company has worked with over 150 corporate clients and was rated as China Leading Fintech Double 50 by KMPG. Alibaba Entrepreneurs Fund, Cyberport, and Lenovo Capital are its investors.

AQUMON is granted Type 1, Type 4, and Type 9 licenses by the Securities and Futures Commission of Hong Kong (the “SFC”) (CE NO. BJU619) to carry out regulated activity in Hong Kong. It is also a registered MPF intermediary with the Mandatory Provident Fund Schemes Authority (the “MPFA”) (MPF Registration No. IC001161).

Media Contact

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Tel：(852) 3183 6393 / 3183 6385

Email: sunlife@fenixpr.com