ipac asset management limited, one of Australia's leading experts in multi-manager investing, is appointed as the delegate of the investment manager for the multi-manager funds under Elite MPF. With ipac asset management limited, we are able to bring a distinct, quality multi-manager investment to the Hong Kong MPF market.
Elite MPF is a flexible MPF scheme that provides a total solution for your MPF and retirement needs.
Elite MPF fund range includes Multi-Manager Global Equity Fund, Multi-Manager Asia Pacific (ex-Japan) Equity Fund, Multi-Manager Japan Equity Fund, Multi-Manager Hong Kong Equity Fund, Multi-Manager Growth Fund, Multi-Manager Balanced Fund, Multi-Manager Stable Fund, Multi-Manager Global Bond Fund and Capital Preservation Fund.
Elite MPF offers a suite of diversified investment portfolios. Each fund invests in a different combination of asset classes and has a different long-term expected return and associated short-term risk profile. Each fund is managed by a blend of specialist fund managers chosen for their expertise in each asset class, and is designed to deliver consistent and competitive long-term returns while minimising risk.
Structure:
Trustee
AXA China Region Trustees Limited
A registered trust company in Hong Kong since 1989, is the approved trustee looking after the Plan for you.
Sponsor and Administrator
AXA China Region Insurance Company (Bermuda) Limited
Authorised to conduct life insurance business and retirement scheme management business in and from Hong Kong.
Issuer of approved pooled investment funds (APIFs) in which the constituent funds of the Plan invest.
Investment Manager
AXA Investment Managers Asia Limited
Wholly owned subsidiary of the asset management arm of AXA Group.
Delegate of the Investment Manager
ipac asset management limited (ipac)
ipac, a wholly owned subsidiary of AXA Group supports our multi-manager approach. One of the founding pioneers of multi-manager funds, ipac has been appointed as the investment manager for the ipac Multi-Manager Investment Fund Series.
AXA Rosenberg Investment Management Asia Pacific Limited
A global specialist equities investment manager within the AXA Investment Managers group.
Custodian of APIFs
State Street Bank and Trust Company
Citibank N.A.
State Street Bank and Trust Company and Citibank N.A. have US$10.1 trillion and US$8.6 trillion in assets under custody respectively as at 31 December 2005.
Each constituent fund is subject to market fluctuations and to risks inherent in all investments. The prices of units of any constituent fund and the income from them may go down as well as up. For full details, please refer to the offering document of the Elite MPF.
