For the purposes of paragraph 18 of Guidelines III.14 on the DIS, we set out below the RPs for each of those constituent funds, namely, the Core Accumulation Fund (CAF) and the Age 65 Plus Fund (A65F) which have been recognised for this purpose by MPFA. The RPs are used for performance measurement and reporting purposes as set out in paragraph D2.3 of the MPFA Code on Disclosure for MPF Investment Funds.
- RP for CAF: 60% FTSE MPF All-World Index (HKD unhedged total return) + 37% FTSE MPF World Government Bond Index (HKD hedged total return) + 3% cash or money market instruments providing a return at MPF Prescribed Savings Rate (HKD unhedged total return)*
- RP for A65F: 20% FTSE MPF All-World Index (HKD unhedged total return) + 77% FTSE MPF World Government Bond Index (HKD hedged total return) + 3% cash or money market instruments providing a return at MPF Prescribed Savings Rate (HKD unhedged total return)*
* Inclusive of re-investment of dividends/coupons/other incomes. The reference portfolio is reported net-of fees on a calendar day basis, assuming a payment of services (e.g. management fees) of 0.75% p.a. of NAV and out-of-pocket expenses of 0.20% p.a. of NAV.
Asset Allocation
Proportions by asset classes (%)
| Reference Portfolio | Global Equity | Global Bond | HK Cash |
| FTSE MPF All-World Index (HKD unhedged total return) | FTSE MPF World Government Bond Index (HKD hedged total return) | MPFA Prescribed savings rate | |
| FTSE MPF DIS Core Accumulation Fund RP (FRMPFCAF) | 60 | 37 | 3 |
| FTSE MPF DIS Age 65 Plus Fund RP (FRMPFAPF) | 20 | 77 | 3 |
