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Sun Life Multi-Funding Provident Plan

 

Investment Options and Fund Fact Sheets

Sun Life Multi-Funding Provident Plan (“the Plan”) allows employers and employees to allocate, or divide their own separate contributions on a percentage basis among nine investment options managed by the professional investment organizations

Investment Objective

Sun Life Capital Guarantee Fund’s (“the Fund”) investment objective is to preserve the capital of the assets and to seek a stable return to the fund investors so as to enable Sun Life to provide guarantee specified at the “Guarantee Feature” below. The Fund will invest not less than two-thirds of the sums in high quality worldwide fixed-income securities (quoted or unquoted) with credit ratings issued by Standard and Poor’s or Moody’s or any other equivalent reputable rating agency of “A” or above. The balance of the sums held in the Fund may be invested in worldwide blue-chip securities and other assets either through direct investment or through collective investment schemes which may or may not be authorized by the Securities and Futures Commission of Hong Kong (“SFC”).


Guarantee Feature

The Fund is a notional account maintained by Sun Life for the purposes of determining the benefits to be provided to members of the Plan pursuant to the Plan, whereby, subject to the guarantee further detailed below, the rate of return will be determined entirely at Sun Life's discretion. The Plan is an insurance policy issued by Sun Life that guarantees the declared rate of return and the interim declared rate of return every year during the period of ten years from the commencement date of the Plan shall not be less than 0% per annum on the total contributions made to the Fund, less any withdrawals and other applicable charges and fees. After ten years from the commencement date of the Plan, unless Sun Life decides otherwise, the guarantee will lapse. The annual declared rate will be announced on or around 31 December each year. The employer and employee contributions must be retained in the Fund until the end of the immediate preceding fiscal year ended on 30 September to be entitled to the annual declared rate of return on the entitlement subject to the applicable rules of the Plan; otherwise, the interim declared rate of return shall be applied for determining investment return on the entitlement and credited to the member's capital guarantee account. Such guarantee shall remain unchanged until the expiry of such period of ten years from the commencement date or the termination of the Plan, whichever is the earlier. The guarantee is provided by Sun Life. In case there is any shortfall, Sun Life will make up the difference for a period of ten years from the commencement date of the Plan. The guarantee is subject to qualifying conditions. Please refer to Appendix 1 of the Explanatory Memorandum for details of the guarantee features and conditions. The annual declared rate of return of the Fund is based on the yield earned as at the end of its fiscal year ending on September 30 each year, net of all relevant taxes but including realized and unrealized gains and adjustments to smooth market fluctuations and to provide for the investment guarantee.

Investment involves risk. There is no assurance on investment returns and your investments may suffer significant losses.

Declared Rate

Please refer to the Fund Fact Sheet for further detail, including the latest declared rate.

Fund Fact Sheet

Download Fund Fact Sheet (as of March 2021)

Investment Objective

For Investment Objective, please refer to the relevant fund fact sheet. For further details, please refer to relevant Explanatory Memorandum/Offering Document.

Underlying Fund

Aberdeen Standard SICAV I - Asia Pacific Equity Fund

Investment Manager of the Underlying Fund

Aberdeen Asset Managers Limited (sub-managed by Aberdeen Standard Investments (Asia) Limited)

Fund Fact Sheet

Download Fund Fact Sheet (as of March 2021)

Investment Objective

For Investment Objective, please refer to the relevant fund fact sheet. For further details, please refer to relevant Explanatory Memorandum/Offering Document.

Underlying Fund

Templeton Global Fund

Investment Manager of the Underlying Fund

Templeton Global Advisors Limited

Fund Fact Sheet

Download Fund Fact Sheet (as of March 2021)

Investment Objective

For Investment Objective, please refer to the relevant fund fact sheet. For further details, please refer to relevant Explanatory Memorandum/Offering Document.

Underlying Fund

Templeton Global Balanced Fund

Investment Manager of the Underlying Fund

Franklin Templeton Investments Australia Limited and Franklin Advisors, Inc. as coinvestment managers

Fund Fact Sheet

Download Fund Fact Sheet (as of March 2021)

Investment Objective

For Investment Objective, please refer to the relevant fund fact sheet. For further details, please refer to relevant Explanatory Memorandum/Offering Document.

Underlying Fund

Templeton Global Bond Fund

Investment Manager of the Underlying Fund

Franklin Advisers, Inc.

Fund Fact Sheet

Download Fund Fact Sheet (as of March 2021)

Investment Objective

For Investment Objective, please refer to the relevant fund fact sheet. For further details, please refer to relevant Explanatory Memorandum/Offering Document.

Underlying Fund

Baring Hong Kong China Fund

Investment Manager of the Underlying Fund

Baring International Fund Managers (Ireland) Limited (sub-advised by Baring Asset Management Limited and Baring Asset Management (Asia) Limited)

Fund Fact Sheet

Download Fund Fact Sheet (as of March 2021)

Investment Objective

For Investment Objective, please refer to the relevant fund fact sheet. For further details, please refer to relevant Explanatory Memorandum/Offering Document.

Underlying Fund

Fidelity Funds – American Growth Fund

Investment Manager of the Underlying Fund

FIL Fund Management Limited

Fund Fact Sheet

Download Fund Fact Sheet (as of March 2021)

Investment Objective

For Investment Objective, please refer to the relevant fund fact sheet. For further details, please refer to relevant Explanatory Memorandum/Offering Document.

Underlying Fund

Fidelity Funds – European Growth Fund

Investment Manager of the Underlying Fund

FIL Fund Management Limited

Fund Fact Sheet

Download Fund Fact Sheet (as of March 2021)

Investment Objective

For Investment Objective, please refer to the relevant fund fact sheet. For further details, please refer to relevant Explanatory Memorandum/Offering Document.

Underlying Fund

Invesco Asia Opportunities Equity Fund

Investment Manager of the Underlying Fund

Invesco Hong Kong Limited

Fund Fact Sheet

Download Fund Fact Sheet (as of March 2021)

Disclaimer

Investment involves risk and past performance information presented is not indicative of future performance. Not all investment choice available under the Plan would be suitable for everyone. There is no assurance on investment returns and your investments/accrued benefits may suffer significant losses.

For further details including the features of the Plan, please refer to the details in the Explanatory Memorandum of the Plan. Please refer to the latest offering documents of the underlying funds. If you are in doubt about the meaning or effect of the contents of the Explanatory Memorandum and the offering document of each underlying fund, you should seek professional advice.

Issued by Sun Life Hong Kong Limited (Incorporated in Bermuda with limited liability)