Employer Scheme Convoy – Your MPF consultant

Declaration

This document is strictly not for distribution to public.

Consultant who introduce this document to clients must passed MPF examination and registered as MPF intermediaries with the MPFA.

MPF

Agenda

1

2

3

Company Background

Why Convoy?

Value-added services from our Wealth Management Advisors

4 How to choose the most suitable MPF scheme?

Company Background

Background of Convoy Financial Services Limited

Founded in 1993

Largest IFA in HK

– Act as the clients' best interest and independent from all product providers

– Professional and impartial advice on financial planning

– Long term financial planning partner through periodical review and corresponding advice

– An effective channel / communication bridge for product providers and clients

Offers multiple financial products

– Insurance （ Life including linked and non-linked), General Insurance including Group Life and Medical)

– MPF

– Mortgage referral

Why Convoy?

1

2

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Single platform to access 7 MPF providers

Professional advice on how to choose the most suitable MPF scheme

Fund selection and fund performance review to safeguard member’s retirement income

Why Convoy?

Thorough understanding on pros and cons of the MPF schemes

We work best for client’s interest for most favorable terms

On-going monitor provider’sservice

Update on MPF legislation

Single platform to access 7 MPF providers

Single platform to access multiple providers

multiple providers quotation service

provides comparison

Save your time and effort

Convoy’s MPF platform

Pension Specialist

– Bank Consortium Trust Company Limited

– Principal Insurance Company (Hong Kong) Ltd

– AIA Pension and Trustee Co. Ltd.

Insurance Company

– HSBC Insurance (Asia) Limited

– Manulife International Ltd

– Sun Life Hong Kong Limited

– AXA China Region Insurance Company Limited

Remarks: For details of a particular scheme, please refer to the relevant offering documents.

Value added services professional Wealth Management Advisors

Portfolio building and long term follow up

One-stop financial service advice (group life, group medical, commercial insurance)

Facilitator between you and trustees

Strong support from Convoy Research Department to provide market update

Value added services professional Wealth Management Advisors

How to choose the most suitable MPF scheme?

How to choose the most suitable MPF scheme?

Scheme fees and charges Fund choices Fund charges Fund performance Service from providers Provider’s brand and background

Scheme fees and charges Fund choices Fund charges Fund performance Service from providers Provider’s brand and background

Selection factorsSelection factors

Scheme Fees and Charges Comparison

　 Joining Fee Annual Fee

Transaction Fee(e.g. contribution charge;

bid-offer spread; withdrawal charge)

Fund Switching Charge

AIA Currently waived Currently waived N/A N/A

AXAHKD 5,000 for both ER and SEP case and HKD 100 per member (currently waived)

N/A Currently waived N/A

BCTHKD 500 for SEP case (currently waived)

N/A N/A N/A

HSBC Currently waived N/A Currently waived N/A

ManulifeHKD500 for SEP case (waived for maximum contribution)

HKD 500 for SEP case waived if:• maximum contribution; • 2. monthly contribution

of HKD 450 or more by DDA)

N/A N/A

PrincipalSeries 600:

HKD 1,000 for SEP case

Series 800: HKD 3,000 (1-14 members) or HKD 1,500 (15-29 members) for both ER and SEP cases

(currently waived for ER cases until Dec 31st, 2010)

N/A N/A

Sun Life N/A N/A N/A N/A

Remarks: 1.ER = Employer case; SEP = Self-employed plan; Maximum Contribution = HKD1,000. 2.For details of a particular scheme, please refer to the relevant offering documents

Number of fund choices among major MPF schemes

　 AIA AXA BCT HSBC Manulife Principal Sun Life

　

Scheme NameAIA-JF

Premium Scheme

Elite Mandatory

Scheme

Master Trust Scheme

Super Trust Plus Scheme

Global Select

Scheme

Series 800 Scheme

Rainbow Scheme

Number of Fund Choices

Bond Fund 1 1 2 1 2 1 1

Conservative Fund

1 1 1 1 1 1 1

Equity Fund 8 4 6 5 8 5 4

Guarantee Fund

1 　 　 1 2 2 　

Mixed Asset Fund

7 3 5 5 4 3 7

Target Maturity Fund

　 　 5 　 　 　 　

Others 　 　 1 1 2 　

Total 18 9 20 14 17 14 13

Remarks:　•Some　MPF　scheme　providers　may　provide　more　than　1　scheme　which　are　not　shown　here•For details of a particular scheme, please refer to the relevant offering documents

Fund management charges comparison

　 AIA AXA BCT HSBC Manulife Principal Sun Life

　

Scheme NameAIA-JF

Premium Scheme

Elite Mandatory

Scheme

Master Trust Scheme

Super Trust Plus Scheme

Global Select Scheme

Series 800 Scheme

Rainbow Scheme

Fund Choices

Bond Fund 1.25% 2% 1.25% - 1.45% 1.25% 1.75% 1.75% 1.78%

Conservative Fund

1.25% 1.3% 1.2% 1.25% 1.25% 1.25% 1.2%

Equity Fund 1.25% - 1.75% up to 2% 1.44% - 1.74% 1.95% 1.9% - 2.2% 1.75% 1.78% - 1.935%

Guarantee Fund*

1.5% - 　 - 　 1.95% 1.75% - 1.9% 1.75% - 2% - 　

Mixed Asset Fund

1.75% up to 2% 1.43% - 1.625% 1.5% - 1..95% 1.9% - 2.2% 1.75% 1.78% - 1.993%

Target Maturity Fund

　 - 　 　 - 　 1.445% - 1.57% 　 - 　 - 　 　 - 　 　 - 　

Others 　 - 　 - 　 　 0.9% 1.5% - 　 1.5% - 　 　

Remarks: • The Management Charges are charged on an annual basis.• A guarantee charge may apply to guarantee funds• For details of a particular scheme, please refer to the relevant offering documents

Services from Providers

Employer Support: Interactive Voice Response System Online Service

Account balance Allocation summary

1. Member administrative service Account setup Regular statement Facilities for contribution

Employee Support: Interactive Voice Response System Online Service

Fund price check Account balance Fund switching

1. Member Statement– Seminars

Remarks: 1. Depending on availability from relevant scheme providers.2. For details of a particular scheme, please refer to the relevant offering documents.

Copyright © 2010 Convoy. All rights reserved.

End