职业退休计划（ORSO）︰汇丰综合公积金

Remarks:

The risk rating is defined using a 5-point scale, with '1' representing the lowest risk and '5' representing the highest. The risk rating is based on a combination of quantitative and qualitative risk factors, including price volatility, asset allocation and liquidity. The following is a general description for each risk rating.

1 = Low risk: minimal chance of losing a significant portion of your capital over the term of the investment (although this is not guaranteed). Expected to demonstrate minimal price fluctuations over short periods of time.

2 = Low to medium risk: low chance of losing a significant portion of your capital over the term of the investment, although this is not guaranteed. Expected to demonstrate a moderately low level of price fluctuations over short periods of time.

3 = Medium risk: moderate chance of losing a significant portion of your capital over the term of the investment, although this is not guaranteed. Expected to demonstrate a moderate level of price fluctuations over short periods of time.

4 = Medium to high risk: moderately high chance of losing a significant portion of your capital over the term of the investment. Expected to demonstrate a moderately high level of price fluctuations over short periods of time.

5 = High risk: high chance of losing a significant portion of your capital over the term of the investment. Expected to demonstrate a high level of price fluctuations over short periods of time.

The above risk ratings are based on data up to 19 March 2022.

The risk ratings are provided by HSBC Group Management Services Limited.

The above risk ratings are provided for reference only, normally reviewed at least annually and may be subject to change from time to time without any notice. The risk ratings or any changes will be made available in the investment performance report. The information on risk ratings provided above should not be regarded as investment advice. You should not solely rely on the above risk ratings when making any investment.

The Hongkong and Shanghai Banking Corporation Limited, HSBC Group Management Services Limited and any member of the HSBC Group are not responsible for any loss occasioned as a result of relying on such information as investment advice.

If you are in doubt about the meaning or effect of the contents of the above information, you should seek independent professional advice.

Remarks:

• Cumulative performance is calculated based on the unit price of the last valuation day at the end of each month.
• Cumulative performance is calculated in the fund currency on a NAV-to-NAV (net asset value) basis.
• The declared rate is declared annually at the end of each financial year. The year-to-date declared rate is determined based on the different in the unit prices over the relevant period and is for reference only. For Central Provident Fund, both the declared rate and the year-to-date declared rate on an annualised basis would not be less than the guaranteed return as stated in the investment objective of the fund. For Capital Guaranteed Fund, both the declared rate and the year-to-date declared rate will not be negative.
• When the declared rate of the year is declared as soon as practicable after 31 December each year, the value of each member’s account will be adjusted in the form of additional units in order to ensure that the return of that member’s investments in the fund for that year is in accordance to the declared rate. Conversely, the member will not be entitled to such additional units if the member’s investment is redeemed from the fund in the middle of a financial year, and the member's return will be calculated according to the year-to-date declared rate which could be less than the declared rate.
  The ORSO information provided on this web page is for reference only, which may be subject to adjustment or correction from time to time without any notice. The relevant information after adjustment or correction may vary.