A risk class is to be assigned to each investment portfolio according to the seven-point risk classification below based on the latest risk indicator of the investment portfolio. The risk indicator shows the annualized standard deviation based on the monthly rates of return of the fund over the past 3 years, and correct to 2 decimal places. Generally, the greater the annualized standard deviation, the more volatile/risky the investment portfolio. The risk indicator for the investment portfolio will be available 3 years after its launch date.

For the Capital Guarantee Fund (HK$ and US$, where applicable) the risk indicator shows the annualized standard deviation based on the annual declared rates of return of the fund over the past 3 years and correct to 2 decimal places. The actual interest rate of each year is declared annually in January of the following calendar year.

The risk class is prepared with reference to the Mandatory Provident Fund Schemes Authority (“MPFA”) according to the Code on Disclosure for MPF Investment Funds and the risk class may be subject to change according to the quarterly review.

The risk class has not been reviewed or endorsed by the Securities and Futures Commission (“SFC”). The risk class is not a financial tool and must not be relied upon to make any investment decisions and selection of investment portfolios. Note that the risk class is for reference only and is not a substitute for investment advice based on individual circumstances and shall not be relied upon for the selection of investment portfolios. You should seek independent professional financial advice. We are not responsible for any loss occasioned as a result of relying on such information as investment advice.