Pooled Provident Plan | ORSO & Retirement Planning -HSBC HK

HSBC HK
ORSO
HSBC Pooled Provident Plan

More diversity, regardless of your company size

Retirement planning can be difficult in the face of growing inflation.

Our HSBC Pooled Provident Plan is specially built to help employers provide their employees with retirement benefits and investment diversification options, no matter if they're a small or medium-sized corporation. What're more, the plan can be tailored to each company's needs.

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Key benefits

Get the support you deserve

Our ORSO experts and Relationship Managers are on standby to support your company with its ORSO scheme

Make the most of our expertise

Leverage our extensive fund management experience to help you get more out of your money for retirement

Choose from a wider range

Access and choose from a greater variety of diversified investment options

Fund information

This table summarises the 5 investment portfolios available under the HSBC Pooled Provident Plan. The risk rating for each investment portfolio ranges from 1 (the lowest) to 5 (the highest).
Investment portfolio	Investment objective	Denomination	Risk rating[@orso-ppp-riskrating]
HSBC Guaranteed Fund (HKD)	To provide long-term total return by investing either directly or indirectly through collective investment schemes in a diversified portfolio of equity and fixed income securities. This investment portfolio is closed to new subscriptions and has ceased to be a designated fund with effect from 1 February 2010. For more details including its guarantee conditions, please refer to the HSBC Guaranteed Fund offering document.	HKD	N/A
HSBC Managed Balanced Fund – Class Acc (HKD)	To achieve long-term capital growth by investing in a diversified portfolio with a mixture of global equities, global bonds and fixed income instruments, through direct investment and/or investing in other collective investment schemes.	HKD	3
HSBC Global Money Fund – Class L (HKD)	To preserve capital and provide daily liquidity together with an investment return that is comparable to normal money market rate in the base currency of the investment portfolio. However, preservation of capital is not guaranteed.	HKD	1
Schroder Balanced Investment Fund – HKD A Acc (HKD)	To achieve capital growth in Hong Kong dollars through investments in quoted equities, fixed income securities, other asset classes, money market instruments and cash in any part of the world directly or through investments in funds (including qualified exchange traded funds) investing in the foregoing investments.	HKD	3
Allianz Oriental Income – Class AT Acc (USD)	To achieve capital growth in the long term by investing the fund assets in equity and fixed income markets of the Asia Pacific region.	USD	4

This table summarises the 5 investment portfolios available under the HSBC Pooled Provident Plan. The risk rating for each investment portfolio ranges from 1 (the lowest) to 5 (the highest).
Investment portfolio	HSBC Guaranteed Fund (HKD)
Investment objective	To provide long-term total return by investing either directly or indirectly through collective investment schemes in a diversified portfolio of equity and fixed income securities. This investment portfolio is closed to new subscriptions and has ceased to be a designated fund with effect from 1 February 2010. For more details including its guarantee conditions, please refer to the HSBC Guaranteed Fund offering document.
Denomination	HKD
Risk rating[@orso-ppp-riskrating]	N/A

Investment portfolio	HSBC Managed Balanced Fund – Class Acc (HKD)
Investment objective	To achieve long-term capital growth by investing in a diversified portfolio with a mixture of global equities, global bonds and fixed income instruments, through direct investment and/or investing in other collective investment schemes.
Denomination	HKD
Risk rating[@orso-ppp-riskrating]	3

Investment portfolio	HSBC Global Money Fund – Class L (HKD)
Investment objective	To preserve capital and provide daily liquidity together with an investment return that is comparable to normal money market rate in the base currency of the investment portfolio. However, preservation of capital is not guaranteed.
Denomination	HKD
Risk rating[@orso-ppp-riskrating]	1

Investment portfolio	Schroder Balanced Investment Fund – HKD A Acc (HKD)
Investment objective	To achieve capital growth in Hong Kong dollars through investments in quoted equities, fixed income securities, other asset classes, money market instruments and cash in any part of the world directly or through investments in funds (including qualified exchange traded funds) investing in the foregoing investments.
Denomination	HKD
Risk rating[@orso-ppp-riskrating]	3

Investment portfolio	Allianz Oriental Income – Class AT Acc (USD)
Investment objective	To achieve capital growth in the long term by investing the fund assets in equity and fixed income markets of the Asia Pacific region.
Denomination	USD
Risk rating[@orso-ppp-riskrating]	4

Cumulative performance[@orso-ppp-cumulativeperformance]^,[@orso-ppp-netassetvalue](%)

This table shows the cumulative performance (%) for each investment portfolio under the HSBC Pooled Provident Plan as at 28/2/2023.
Investment portfolio	Currency	3 months	Year to date	1 year	3 years	5 years	Since inception	Date of inception
HSBC Guaranteed Fund (HKD)	HKD	2.49	-4.46	-9.85	-1.76	-5.20	150.70	4 March 1992
HSBC Managed Balanced Fund – Class Acc (HKD)	HKD	3.64	-5.52	-9.09	1.60	-0.98	242.00	4 March 1992
HSBC Global Money Fund – Class L (HKD)	HKD	0.79	0.27	1.45	1.72	1.68	-1.92	1 June 2011
Schroder Balanced Investment Fund – HKD A Acc (HKD)	HKD	4.71	-4.71	-9.84	7.05	5.59	289.27	16 August 1994[@orso-ppp-schrodernamechange]
Allianz Oriental Income – Class AT Acc (USD)	USD	2.70	-8.59	-8.04	29.91	40.69	267.79	2 August 2005[@orso-ppp-allianznamechange]

This table shows the cumulative performance (%) for each investment portfolio under the HSBC Pooled Provident Plan as at 28/2/2023.
Investment portfolio	HSBC Guaranteed Fund (HKD)
Currency	HKD
3 months	2.49
Year to date	-4.46
1 year	-9.85
3 years	-1.76
5 years	-5.20
Since inception	150.70
Date of inception	4 March 1992

Investment portfolio	HSBC Managed Balanced Fund – Class Acc (HKD)
Currency	HKD
3 months	3.64
Year to date	-5.52
1 year	-9.09
3 years	1.60
5 years	-0.98
Since inception	242.00
Date of inception	4 March 1992

Investment portfolio	HSBC Global Money Fund – Class L (HKD)
Currency	HKD
3 months	0.79
Year to date	0.27
1 year	1.45
3 years	1.72
5 years	1.68
Since inception	-1.92
Date of inception	1 June 2011

Investment portfolio	Schroder Balanced Investment Fund – HKD A Acc (HKD)
Currency	HKD
3 months	4.71
Year to date	-4.71
1 year	-9.84
3 years	7.05
5 years	5.59
Since inception	289.27
Date of inception	16 August 1994[@orso-ppp-schrodernamechange]

Investment portfolio	Allianz Oriental Income – Class AT Acc (USD)
Currency	USD
3 months	2.70
Year to date	-8.59
1 year	-8.04
3 years	29.91
5 years	40.69
Since inception	267.79
Date of inception	2 August 2005[@orso-ppp-allianznamechange]

Period returns[@orso-ppp-periodreturns]^,[@orso-ppp-netassetvalue](%)

The following table shows the period returns (%) for each investment portfolio under the HSBC Pooled Provident Plan, across each calendar year.
Investment portfolio	Currency	01/01/22-31/12/22	01/01/21-31/12/21	01/01/20-31/12/20	01/01/19-31/12/19	01/01/18-31/12/18
HSBC Guaranteed Fund (HKD)	HKD	-14.54	0.35	10.69	9.93	-8.42
HSBC Managed Balanced Fund – Class Acc (HKD)	HKD	-14.43	2.79	9.25	15.08	-10.27
HSBC Global Money Fund – Class L (HKD)	HKD	0.93	0.00	0.46	1.11	-1.70
Schroder Balanced Investment Fund – HKD A Acc (HKD)	HKD	-16.14	5.13	15.72	16.89	-11.27
Allianz Oriental Income – Class AT Acc (USD)	USD	-21.71	10.13	44.71	41.20	-19.52

The following table shows the period returns (%) for each investment portfolio under the HSBC Pooled Provident Plan, across each calendar year.
Investment portfolio	HSBC Guaranteed Fund (HKD)
Currency	HKD
01/01/22-31/12/22	-14.54
01/01/21-31/12/21	0.35
01/01/20-31/12/20	10.69
01/01/19-31/12/19	9.93
01/01/18-31/12/18	-8.42

Investment portfolio	HSBC Managed Balanced Fund – Class Acc (HKD)
Currency	HKD
01/01/22-31/12/22	-14.43
01/01/21-31/12/21	2.79
01/01/20-31/12/20	9.25
01/01/19-31/12/19	15.08
01/01/18-31/12/18	-10.27

Investment portfolio	HSBC Global Money Fund – Class L (HKD)
Currency	HKD
01/01/22-31/12/22	0.93
01/01/21-31/12/21	0.00
01/01/20-31/12/20	0.46
01/01/19-31/12/19	1.11
01/01/18-31/12/18	-1.70

Investment portfolio	Schroder Balanced Investment Fund – HKD A Acc (HKD)
Currency	HKD
01/01/22-31/12/22	-16.14
01/01/21-31/12/21	5.13
01/01/20-31/12/20	15.72
01/01/19-31/12/19	16.89
01/01/18-31/12/18	-11.27

Investment portfolio	Allianz Oriental Income – Class AT Acc (USD)
Currency	USD
01/01/22-31/12/22	-21.71
01/01/21-31/12/21	10.13
01/01/20-31/12/20	44.71
01/01/19-31/12/19	41.20
01/01/18-31/12/18	-19.52

Source: HSBC Institutional Trust Services (Asia) Limited

This table displays the unit price for each investment portfolio under the HSBC Pooled Provident Plan as at 21/03/2023.
Investment portfolio	Currency	Date	Bid price	Offer price
HSBC Guaranteed Fund (HKD)	HKD	21/03/2023	25.1300	25.1300
HSBC Managed Balanced Fund – Class Acc (HKD)	HKD	21/03/2023	17.0700	17.0700
HSBC Global Money Fund – Class L (HKD)	HKD	21/03/2023	19.6859	19.6859
Schroder Balanced Investment Fund – HKD A Acc (HKD)	HKD	21/03/2023	63.0300	63.0300
Allianz Oriental Income – Class AT Acc (USD)	HKD[@orso-ppp-underlyingfund]	21/03/2023	1600.5349	1603.8945

This table displays the unit price for each investment portfolio under the HSBC Pooled Provident Plan as at 21/03/2023.
Investment portfolio	HSBC Guaranteed Fund (HKD)
Currency	HKD
Date	21/03/2023
Bid price	25.1300
Offer price	25.1300

Investment portfolio	HSBC Managed Balanced Fund – Class Acc (HKD)
Currency	HKD
Date	21/03/2023
Bid price	17.0700
Offer price	17.0700

Investment portfolio	HSBC Global Money Fund – Class L (HKD)
Currency	HKD
Date	21/03/2023
Bid price	19.6859
Offer price	19.6859

Investment portfolio	Schroder Balanced Investment Fund – HKD A Acc (HKD)
Currency	HKD
Date	21/03/2023
Bid price	63.0300
Offer price	63.0300

Investment portfolio	Allianz Oriental Income – Class AT Acc (USD)
Currency	HKD[@orso-ppp-underlyingfund]
Date	21/03/2023
Bid price	1600.5349
Offer price	1603.8945

Source: HSBC Institutional Trust Services (Asia) Limited

Important documents

Useful information

Forms

Employers can update us about any changes they need to make by completing the relevant form.

Employees can apply for the HSBC Pooled Provident Plan or update us about any changes they need to make by completing the relevant form.

Need help?

Meet with us

Speak with our ORSO specialists who will be able to address your enquiries directly.

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Call us

You can call our ORSO customers hotline on (852) 2288 6655. Lines are open between 8:30am and 7:30pm, Mondays to Fridays; between 8:30am and 1:00pm on Saturdays, except on public holidays.

Write to us
For general enquiries, please contact us by filling in an online form, or sending email to us at pensioncs@hsbc.com.hk. You can also mail us at this address:

ORSO:

The Hongkong and Shanghai Banking Corporation Limited

PO Box 74203 Kowloon Central Post Office

You can also send us a secure message via online banking. Simply log on to HSBC Online Banking, go to 'Email message' and fill in the online form.

Call us

HSBC ORSO services hotline: (852) 2288 6655

Write to us

You can contact us by fax +852 2269 3085, email us at customer.care.mpf@hsbc.com.hk or write to our mailing address below:

The Hongkong and Shanghai Banking Corporation Limited

PO Box 74203, Kowloon Central Post Office

Getting back to you

We'll acknowledge receipt of your concerns by the next business day and aim to resolve most issues within 5 business days. Occasionally, we may need more time but we'll keep you informed.

Handling your complaint

Your complaint will be handled with complete confidentiality by our complaint handling teams with the appropriate experience and authority, and who have not been directly involved in the subject matter.

If a complaint is raised by a third party, we will get back to you to protect your privacy.

We will offer appropriate redress if your complaint is upheld, but this will not necessarily involve financial compensation.

If you’re not satisfied

You can ask for your case to be reviewed by management at a higher level, if you are dissatisfied with our decision.

For monetary disputes, you may also refer your case to the Financial Dispute Resolution Center (FDRC), Room 408-409, 4/F, West Wing, Justice Place, 11 Ice House Street, Central, Hong Kong.

To learn more about ORSO and the HSBC Pooled Provident Plan, please visit our frequently asked questions.

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The Hongkong and Shanghai Banking Corporation Limited is the Product Provider and Administrator of the HSBC Pooled Provident Plan, and the issuer of this web page.

The information provided on this web page is for reference only. It may be subject to adjustment or correction from time to time without any notice. The relevant information after adjustment or correction may vary.

HSBC Pooled Provident Plan

More diversity, regardless of your company size

Key benefits

Get the support you deserve

Make the most of our expertise

Choose from a wider range

Fund information

Fund snapshot

Fund performance

Fund price

Important documents

Useful information

Forms

Forms for employers

Forms for employees

Need help?

Meet with us

Call us

More ways to contact us

ORSO complaint handling

Where can I find more information about ORSO and the HSBC Pooled Provident Plan?

You may also be interested in

ORSO: Wayfoong Multi-funding System

ORSO news

Mandatory Provident Fund (MPF)

Disclaimer

Notes