OREANDA-NEWS. February 13, 2012. Bank of East Asia (Trustees) Limited (“BEA Trustees”), a wholly-owned subsidiary of The Bank of East Asia (“BEA”), announces that it has launched six new constituent funds under its Mandatory Provident Fund Schemes. Both the BEA (MPF) Master Trust Scheme and the BEA (MPF) Industry Scheme now include two new tracker funds, one tracking the performance of Hang Seng China Enterprises Index (“BEA China Tracker Fund”) and the other tracking the performance of Hang Seng Index (“BEA Hong Kong Tracker Fund”), reported the press-centre of Bank of East Asia.

The two new BEA China Tracker Funds will invest directly in a single Approved Index-Tracking Fund, namely the Hang Seng H-Share Index ETF, which aims to provide investment returns that match the performance of the Hang Seng China Enterprises Index as close as practicable.

Meanwhile, the two new BEA Hong Kong Tracker Funds will invest directly in another single Approved Index-Tracking Fund, namely the Tracker Fund of Hong Kong, which aims to provide investment results that closely correspond to the performance of the Hang Seng Index.

Two further new funds have been added, one to each scheme. The BEA (MPF) North American Equity Fund, now available under the BEA (MPF) Master Trust Scheme, will invest mainly in North American equities, with some exposure to North American and other debt securities/money market instruments. The BEA (Industry Scheme) Asian Equity Fund, now available under the BEA (MPF) Industry Scheme, will invest mainly in Asian ex-Japan equities, with some exposure to debt securities/money market instruments. With the launch of these six new funds by BEA Trustees, customers can now choose from a total of 15 constituent funds under the BEA (MPF) Master Trust Scheme and nine constituent funds under the BEA (MPF) Industry Scheme.

Mr. Patrick C.M. Li, Director & Chief Executive of BEA Trustees, says, “By offering investment opportunities in North American and Asian equities, as well as index tracking funds, these six new funds extend the range of options available to customers of varying appetites. We are confident that the launch of these new funds will further enhance our competitiveness in the marketplace.”

Risk Disclaimer: Investments inherently involve risks and the prices of units may go down as well as up.

Past performance is not indicative of future performance. For further details including the product features and risks involved, please refer to the Explanatory Memorandum of the relevant Scheme.

Issuer: Bank of East Asia (Trustees) Limited