PDF《2018》

1 as at 截至 30/06/2018 Constituent Fund Performance 成份基金表现1 Cumulative Return 累积回报 Annualised Return 年率化回报(p.

a. 年率) Calendar-year Return 年度回报 Year to Date 本年至今

3 Months 三个月

1 Year 一年

3 Years 三年

5 Years 五年

10 Years 十年 Since Launch 自发行日

1 Year 一年

3 Years 三年

5 Years 五年

10 Years 十年 Since Launch 自发行日

2013 2014

2015 2016

2017 -0.76% -1.77% 17.72% 18.28% 55.86% 56.72% 343.38% 17.72% 5.75% 9.28% 4.60% 9.91% 7.47% 2.93% -5.05% 0.46% 41.35% Dollar Cost Averaging Return (For illustration only) 平均成本法回报 (仅作举例用途)

3 Cumulative Return 累积回报 Annualised Return 年率化回报(p.a. 年率) Calendar-year Return 年度回报 Year to Date 本年至今

3 Months 三个月

1 Year 一年

3 Years 三年

5 Years 五年

10 Years 十年 Since Launch 自发行日

1 Year 一年

3 Years 三年

5 Years 五年

10 Years 十年 Since Launch 自发行日

2013 2014

2015 2016

2017 -4.12% -3.19% 0.63% 25.75% 29.58% 48.96% 86.63% 0.63% 15.22% 10.15% 7.58% 7.30% 5.26% 3.60% -7.46% 2.86% 16.04% Cash 现金 A : Cash &

Others 现金及其他2 4.0% B : Term Deposits 定期存款 0.0% Equities 股票 C : Basic Materials 基本原料 1.0% D : Consumer Goods 消费货品 8.7% E : Consumer Services 消费服务 6.4% F : Financials 金融 45.7% G: Health Care 健康护理 4.1% H : Industrials 工业 8.1% I : Oil &

Gas 石油及天然气 6.6% J : Technology 科技 10.2% K : Telecommunications 电讯 3.6% L : Utilities 公用 1.6% Investment Objective 投资目标 ? To provide members with long-term capital appreciation ? The underlying Approved Pooled Investment Fund invests in equity market of Hong Kong, namely equities of companies listed in Hong Kong (including Greater China companies that are listed in Hong Kong) or companies which have a business connection with Hong Kong (including companies which are listed outside Hong Kong). Companies which have a business connection with Hong Kong include but are not limited to companies that are domiciled or incorporated in Hong Kong ? 为成员提供长期的资本增值 ? 相关核准汇集投资基金投资於香港股票市场,即在香 港上市的公司 (包括在香港上市的大中华公司) 或与香 港有业务联系的公司 (包括在香港境外上市的公司) 的 股票.与香港有业务联系的公司包括但不限於在香港 注册或成立的公司 Constituent Fund Information 成份基金资料 Launch Date 发行日期 01/10/2002 Unit NAV 单位资产净值 HK$ 4.4338 Fund Size 基金资产 HK$ 666.8 millions 百万 Fund Descriptor Equity Fund [ Hong Kong ] 基金类型描述 股票基金[香港] Fund Expense Ratio 基金开支比率 1.72% Investment Manager 投资经理 Fidelity 富达 Risk Indicator 风险指标 Annualised Standard Deviation 年度标准差 17.15% Top

10 Portfolio Holdings 投资组合内十大资产8 Tencent Holdings 腾讯控股 9.4% HSBC Holdings 汇丰控股 8.7% AIA Group Ltd 友邦保险 6.9% CCB 建设银行 5.8% ICBC 工商银行 4.8% CNOOC 中国海洋石油 2.7% China Mobile 中国移动 2.4% China Life Insurance 中国人寿 2.4% China Petroleum &

Chemical 中国石化 2.3% Ping An Insurance 平安保险 2.3% BCT (Industry) Hong Kong Equity Fund BCT ( 行业)香港股票基金Portfolio Allocation 投资组合分布 Market Commentary 市场评论 Concerns over China'

s trade relationship with the US, a crackdown on the shadow banking system by Beijing and a wave of bond defaults weighed on sentiment towards Chinese equities. On the economic front, Q1 GDP rose at a faster-than-anticipated pace, due to strong consumer demand, healthy exports and robust property investment. The central bank also injected funds into the financial system via its medium-term lending facility and announced that it will lower reserve requirement ratios for some banks to help finance small businesses. Hong Kong equities outperformed the broader market due to gains in Financials and Telecommunication companies. 市场对中美贸易关系感到忧虑,加上中国政府打击 影子银行体系及多项债券违约,使中国股市的投资 信心受压.经济方面,内地第一季国内生产总值的 增长步伐较预期迅速,主要受惠於消费需求强劲、 出口稳健及房市投资畅旺.中国人民银行透过中期 借贷便利向金融体系注资,并宣布将调低部份银行 的存准率,以助小型公司进行融资.香港方面,金 融和电讯企业录得升幅,支持本港股市表现优於广 泛市场. BCT-367T(2)

2018 2nd Quarter 第二季 BCT (MPF) Industry Choice BCT ( 强积金)行业计划Risk &

Return Level 风险及回报程度 High 高5Important notes 重要提示 ? You should consider your own risk tolerance level and financial circumstances before making any investment choices or investing according to the Default Investment Strategy. When, in your selection of funds or the Default Investment Strategy, you are in doubt as to whether a certain fund or the Default Investment Strategy is suitable for you (including whether it is consistent with your investment objective), you should seek financial and / or professional advice and choose the investment choice(s) most suitable for you taking into account your circumstances. 阁下作出任何投资选择或按照预设投资策略作出投资前应考虑阁下本身的风险承受程度和财务状况.当阁下选择基金或预设投资策略时对某一基金或预设投资策略是否适合阁下存疑时(包括它是否与阁下的投资目标一致),阁下应寻求财务及/或专业意见并在考虑到阁下状况后挑选最合适的投资选择.?In the event that you do not make any investment choices, please be reminded that your contributions made and / or accrued benefits transferred into the Plan will be invested in accordance with the Default Investment Strategy, which may not necessarily be suitable for you. 倘若阁下并没有作出任何投资选择,请注意,阁下所作供款及/或转移至本计划的累算权益将按预设投资策略来作出投资,而有关投资不一定适合阁下.?Your investment decision should not be based on this document alone. Please read the principal brochure of BCT (MPF) Industry Choice for further details, including the risk factors. The fund descriptor provided in this document for each constituent fund is determined in accordance with the Performance Presentation Standards for MPF. 您不应只根宋募哪谌荻鞒鐾蹲恃≡,如需详细资料包括风险因素,请参阅BCT ( 强积金)行业计划之总说明书.此文件中所提供的每个成份基金之基金类型描述均按照强积金「基金表现陈述准则」而定.?BCT (Industry) MPF Conservative Fund does not guarantee the repayment of capital. BCT ( 行业)强积金保守基金并不保证本金之全数付还.?Investment involves risks. Past performance is not indicative of future performance. 投资涉及风险,过往之表现不能作为将来表现之指引.Unit NAV 单位资产净值 0.80 1.60 2.40 3.20 4.00 4.80 5.60 10/02 10/08 10/12 10/15 10/16 10/17 10/14 10/13 10/11 10/09 10/10 10/07 10/03 10/04 10/05 10/06 C K A+B E D F J H G I L

2 as at 截至 30/06/2018 Constituent Fund Performance 成份基金表现1 Cumulative Return 累积回报 Annualised Return 年率化回报(p.a. 年率) Calendar-year Return 年度回报 Year to Date 本年至今

3 Months 三个月

1 Year 一年

3 Years 三年

5 Years 五年

10 Years 十年 Since Launch 自发行日

1 Year 一年

3 Years 三年

5 Years 五年

10 Years 十年 Since Launch 自发行日

2013 2014

2015 2016

2017 -3.02% -0.79% 3.35% 10.93% 36.16% 47.65% 175.09% 3.35% 3.52% 6.37% 3.97% 6.63% 24.94% 0.55% -4.41% 7.31% 16.49% Dollar Cost Averaging Return (For illustration only) 平均成本法回报 (仅作举例用途)

3 Cumulative Return 累积回报 Annualised Return 年率化回报(p.a. 年率) Calendar-year Return 年度回报 Year to Date 本年至今

3 Months 三个月

1 Year 一年

3 Years 三年

5 Years 五年

10 Years 十年 Since Launch 自发行日

1 Year 一年

3 Years 三年

5 Years 五年

10 Years 十年 Since Launch 自发行日

2013 2014

2015 2016

2017 -2.32% -1.06% -1.23% 11.38% 12.97% 41.83% 53.18% -1.23% 7.28% 4.87% 6.69% 5.11% 11.40% -1.68% -5.57% 8.94% 6.30% Cash 现金 A : Cash &

Others 现金及其他2 4.7% B : Term Deposits 定期存款 0.0% Equities 股票 C : Asia 亚洲 17.5% D : Australia / New Zealand 澳洲 / 纽西兰 0.0% E : Europe 欧洲 41.7% F : North America 北美 34.2% G: Others 其他 1.9% Investment Objective 投资目标 ? To provide members with capital growth over the medium to longer term ? The underlying Approved Pooled Investment Fund invests primarily in securities of companies listed on the global stock markets ? 为成员提供中至长期的资本增值 ? 相关核准汇集投资基金主要投资於全球上市公 司的证券 Constituent Fund Information 成份基金资料 Launch Date 发行日期 01/10/2002 Unit NAV 单位资产净值 HK$ 2.7509 Fund Size 基金资产 HK$ 184.6 millions 百万 Fund Descriptor Equity Fund [ Global ] 基金类型描述 股票基金[环球] Fund Expense Ratio 基金开支比率 1.75% Investment Manager 投资经理 Templeton 邓普顿 Ris........