In regard to the return of Active Global Equity Investment Fund managed by Schroders that has cumulatively underperformed its benchmark, the Pension Fund endeavors to reduce its total annual fee further. The duration of reduction is at least two years and is effective from 01/04/2017. Members could login to the desktop version of Pension Fund’s website to consult the related arrangement of fee reduction.

(www.fp.gov.mo > Provident Fund Scheme for Workers in the Public Services > My Online Account / MEMBERS LOGIN, WORKERS LOGIN or ePass LOGIN > Right Column - Global Equity Investment Fund (Active Fund) > Annual Management Fee)