MPF/ORSO
                                                               
                                                               

                                                              Investment Views from Managers

                                                              BCT funds are managed by eight independent fund management companies. Their expert advice on the current market and investment tips will help you build a solid portfolio:

                                                              Market Snapshot
                                                              Jan 2021
                                                              Market Snapshot
                                                              Market Snapshot

                                                              United States

                                                              • US stocks delivered double-digit gains over the quarter, with major indices touching a series of fresh highs. The rally was driven by positive news on COVID-19 vaccines, as well as optimism over Joe Biden’s win in the presidential election. The President-elect won 306 electoral-college votes – the same number as Donald Trump in 2016 ...
                                                              Source:
                                                              Jan 2021
                                                              Market Review
                                                              Market Review
                                                              • The Executive Order banning US firms from investing in some Chinese firms does not help market sentiment, despite many of them are predominantly held by domestic investors, and their businesses are very focused on China.
                                                              Source:
                                                              Market Review
                                                              Key investment themes to watch for in Q1 2021
                                                              Jan 2021
                                                              Key investment themes to watch for in Q1 2021
                                                              Key investment themes to watch for in Q1 2021

                                                              Welcome to Invesco APAC's first quarter 2021 market outlook. There are 3 primary investment themes that I am watching for over the next few months.

                                                              Source:
                                                              Jan 2021
                                                              Markets review
                                                              Markets review

                                                              Highlights:

                                                              • Global equities gained in Q4 as a number of vaccine breakthroughs fostered hopes of a return to economic normality.
                                                              • Government bond performance was mixed and corporate bonds gained ground. 
                                                              • Commodities gained on vaccine news and a weaker US dollar.
                                                              Source:
                                                              Markets review
                                                              Why Digital Transformation Will Transcend This Pandemic
                                                              Dec 2020
                                                              Why Digital Transformation Will Transcend This Pandemic
                                                              Why Digital Transformation Will Transcend This Pandemic

                                                              US technology stocks had another standout year in 2020. The COVID-19 pandemic hastened a digital transformation trend that has shown no signs of slowing down.

                                                               

                                                              Source:

                                                              Some of the information contained herein including any expression of opinion or forecast has been obtained from or is based on sources believed by us to be reliable, but is not guaranteed and we do not warrant the adequacy, accuracy, reliability or completeness of such information obtained from or based on external sources. The information is given on the understanding that independent investment advice should be sought when making investment decisions; that it will not be relied on in the making of investment decision and that any person who acts upon it or otherwise changes his or her position in reliance thereon does so entirely at his or her own risk. This is not an offer to buy or sell or a solicitation or incitement of offer to buy or sell any securities referred to herein, save for BCT (MPF) Pro Choice and BCT (MPF) Industry Choice and their underlying constituent funds. It should also be appreciated that under certain circumstances the redemption of units/shares may be suspended. Investment involves, in particular, risks associated with investment in emerging and less developed markets. Please refer to the relevant prospectus for details. Past performance is not indicative of future performance.

                                                              Information contains on this webpage is for reference only. The views and opinions as expressed therein may vary as the market changes.