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June 20, 2024

Sun Life Launches "Less is More" Offer on Selected MPF Funds Enjoy a Management Fee Rate of Up to 0.88% During Promotion Period

Hong Kong, June 20, 2024 – Sun Life launched three MPF funds in June last year, covering Global Low Carbon Index, US, and European stocks, providing diversified investment options for MPF members. To celebrate the first anniversary of these funds, Sun Life Hong Kong is launching a “Less is More" management fee  offer on selected funds.

By holding any of the above three selected funds during the Promotion Period, members can enjoy a special offer - a preferential management fee1 rate of up to 0.88% (per annum). The Promotion Period is from 2 July 2024 to 30 September 2024 (both dates inclusive).


Rainbow Pan, General Manager, Wealth & Pensions at Sun Life Hong Kong Limited, said, “As the third largest MPF service provider in Hong Kong, Sun Life has always been committed to providing diverse fund options to meet the different needs of our MPF members. This special management fee offer is not only a token of our appreciation for our Clients' support but also reflects our commitment to promoting sustainable investment. We hope this offer will benefit more members and continue to help them achieve their long-term financial goals."

Stanley Ngan, Chief Executive Officer of Sun Life Asset Management (HK) Limited, said: “Since their launch, the three MPF funds have been well-received by members,  achieving nearly HKD 7.0 billion in total Assets Under Management (AUM) as of May 31, 20242. The funds covering global low carbon index and US equity, have led the market among new MPF products launched last year2, reflecting the market's trust and support for our products. We will continue to provide a diverse range of fund options to deliver sustainable and long-term investment value for our members.”


Ada Kung, Chief Investment Strategist of Sun Life Asset Management (HK) Limited, added: "The investment market is ever-changing. As a long-term investment, MPF members should invest in various asset classes and regions to diversify risk. We have consistently worked on developing diversified products covering more asset types and investment markets. Furthermore, our 'multi-manager' strategy effectively reduces the risks associated with over-reliance on a single underlying fund manager, allowing us to adapt flexibly to different market conditions and economic cycle, etc. as well as enhance the stability and long-term returns of our investment portfolios."

For more information on Sun Life Hong Kong's “Less is More” offer, please visit the promotion flyer.


1. “Management fees” include fees paid to the trustee, custodian, administrator, investment manager (including trustee and administration fee as well as investment management fee of the relevant APIF/ITCIS) and sponsor of a scheme for providing their services to the relevant fund. They are usually charged as a percentage of the net asset value of a fund. The investment management fee of the relevant APIF/ITCIS is borne by the Investment Manager, the Sponsor or their affiliates, in which case, the Scheme needs not bear the investment management fee paid by the Investment Manager.

2. According to MPFA website (

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 December 31, 2023, Sun Life had total assets under management of $1.4 trillion. For more information, please visit

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.


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