BCT (MPF) Pro Choice
Data as of 2026-06-30 · from fund fact sheets · updated quarterly
Provide long-term capital growth for members planning to dispose of their investments in year 2025 (i.e. at the expected retirement age of 65) The underlying APIF invests in a wide range of investments (equities, bonds and cash) covering markets throughout the world
| 3 Months | 1 Year | 3 Years | 5 Years | 10 Years | Since Launch | Year to Date | |
| Cumulative | +4.20% | +6.77% | +19.01% | -5.83% | +59.14% | +190.72% | +3.07% |
| Annualised | — | +6.77% | +5.97% | -1.19% | +4.76% | +6.22% | — |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
| Return (%) | +9.85% | +4.37% | +4.33% | -19.94% | +0.97% |
Returns are net of fees. Past performance is not indicative of future returns.
| Year to Date | 3 Months | 1 Year | 3 Years | 5 Years | 10 Years | Since Launch | |
| Return (%) | +0.81% | +0.29% | +2.40% | +10.84% | +11.63% | +17.53% | +48.24% |
| 1 Year | 3 Years | 5 Years | 10 Years | Since Launch | |
| Return (% p.a.) | +2.40% | +6.96% | +4.40% | +3.18% | +4.20% |
| 2021 | 2022 | 2023 | 2024 | 2025 | YTD | |
| Return (%) | -1.57% | -4.78% | +1.51% | +1.11% | +3.80% | N/A |
Global equities advanced in the second quarter as easing US-Iran tensions, resilient corporate earnings and continued AI optimism supported investor sentiment. Following an earlier uptick raising inflation concerns, oil prices moderated as ceasefire talks in the Middle East reduced fears of supply disruptions. The US Federal Reserve left interest rates unchanged but signalled that further policy tightening is possible if inflationary pressures persist. Regionally, emerging markets advanced strongly on AI-driven semiconductor demand, while US and Japan also posted solid gains. At a sectoral level, IT led the gains despite a late-quarter pullback amid profit-taking and valuation concerns. Global fixed-income markets delivered positive performance in the second quarter, although performance was volatile as investors responded to shifting oil prices, geopolitical risks and evolving central bank expectations.
| # | Security name | Holdings Weight |
| 1 | US Treasury N/B 4.375% May 2036 | 7.2% |
| 2 | CSOP FTSE Hong Kong Equity ETF | 7.1% |
| 3 | HSBC GF ICAV – Global Government Bond UCITS ETF | 4.1% |
| 4 | Bundesrepub Deutschland 2.6% Aug 2035 | 3.5% |
| 5 | US Treasury N/B 4.375% Jan 2032 | 3.5% |
| 6 | Bundesrepub Deutschland 2.6% Aug 2034 | 3.3% |
| 7 | Invesco QQQ Trust | 2.7% |
| 8 | China Government Bond 2.8% Nov 2032 | 2.2% |
| 9 | iShares U.S. Technology ETF | 2.2% |
| 10 | Bundesschatzanweisungen 2.5% Oct 2029 | 2.1% |
| Total | 37.9% |
The fund expense ratio shows the total annual cost of running this fund as a percentage of its assets. It is already reflected in the fund price and returns. When comparing similar funds, fees are one of the few factors you can control.