"Our objective is simple: we aim to give you optimal and consistent returns for your monies kept in the MPF account over the long term.” BCT is an independent trustee, with no relationship or associations with other fund management firms by way of ownership or partnership. Our independence is our strength, giving us the flexibility to objectively choose the best available fund managers, based on their track records and demonstrated investment capabilities. Our "Multi-Manager"; investment approach, which blends the expertise of different fund managers with different investment philosophies, ensures that our clients' investments get optimum market exposure. Currently, BCT has eight independent global investment managers overseeing our members' MPF funds . The "Multi-Manager" investment approach is taken with three of the constituent funds in our Bank Consortium MPF Plan. Stringent Screening Based on BCT criteria, our in-house team selects the most suitable and capable fund managers in the market to oversee specific asset classes. Choice of manager is based on qualitative and quantitative criteria: 1. Investment philosophy 2. Risk-adjusted performance consistency 3. Trading strategies 4. Resources 5. Areas of expertise 6. Stability of investment teams 7. Ethical and compliance standards Performance Monitoring A team of portfolio analysts keeps a regular check on BCT's roster of fund managers, monitoring their investment strategies and studying their market perspectives to ensure they are maximising clients' investments. Managers as Leading Performers Our investment committee is constantly reviewing fund performances, investment strategies and levels of risk exposure against market conditions. If a fund manager's performance is found to be consistently below expectations, that fund manager will be subject to extra close monitoring; if necessary, the manager will be replaced.