Fee caps

The fees and expenses that are charged to a MPF fund can have a significant impact on its long-term investment outcome. All other things being equal, when fees are lower, the fund’s net returns will improve.

The DIS uses two mixed assets funds, the Core Accumulation Fund and the Age 65 Plus Fund. The fees and expenses of the two constituent funds are capped as follows:

Fees and expenses of Core Accumulation Fund and Age 65 Plus Fund

Management fees
(including fees for trustee, investment manager, etc.)

and

Recurrent out-of-pocket expenses
(including annual audit fees, printing expenses and postage, etc.)

Not more than

0.75%

per annum of the net asset value of the fund
(calculated on a daily basis)

Not more than

0.2%

per annum of the net asset value of the fund

For more details on the fees and charges of the Core Accumulation Fund and the Age 65 Plus Fund, please refer to the DIS Fund List.

More: You can make use of the MPF Fund Platform
to compare the fees and charges of all MPF funds.

Fee caps

The fees and expenses that are charged to a MPF fund can have a significant impact on its long-term investment outcome. All other things being equal, when fees are lower, the fund’s net returns will improve.

The DIS uses two mixed assets funds, the Core Accumulation Fund and the Age 65 Plus Fund. The fees and expenses of the two constituent funds are capped as follows:

Fees and expenses of Core Accumulation Fund and Age 65 Plus Fund

Management fees
(including fees for trustee, investment manager, etc.)

and

Recurrent out-of-pocket expenses
(including annual audit fees, printing expenses and postage, etc.)

Not more than

0.75%

per annum of the net asset value of the fund
(calculated on a daily basis)

Not more than

0.2%

per annum of the net asset value of the fund

For more details on the fees and charges of the Core Accumulation Fund and the Age 65 Plus Fund, please refer to the DIS Fund List.

More: You can make use of the MPF Fund Platform
to compare the fees and charges of all MPF funds.

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