Quarterly current charges update

Policy form numbers of GLP4-6 and GPP4-6

The charges below are correct as at 1 January 2023.

For Global Portfolio policyholders with policy form numbers^ of GLP4/5/6 and GPP4/5/6, please refer to the charges as below.

Administration charge

We will take a fixed administration charge on the first day of each calendar quarter to cover the previous quarter’s charge. The current charges are:

USD 151.40* HKD 1,089.00 JPY 18,950.00
GBP 114.50* CHF 131.60 AUD 206.50
SGD 189.60 EUR 133.50 SEK 1,455.00

Dealing charge

We will take a fixed dealing charge each time you buy or sell an asset. We will take any dealing charges in the currency of the deal on the last day of the calendar quarter in which the deal was placed. We will not charge this fee when you transfer money from a General Transaction Account (GTA) in one currency to one in a different currency. The current charges are:

USD
45.60*
SGD
57.10
GBP
34.50*
AUD
62.20
CAD
56.80
CHF
39.70
DKK
299.00
EUR
40.20
HKD
328.00
JPY
5,710.00
NOK
415.00
NZD
66.10
SEK
438.00
ZAR
740.00

Ad-hoc charge

A charge will be taken from the GTA in the policy currency each time you make certain requests in relation to your policy. Please speak to your financial adviser to find out more about any certain requests which can be made to your Global Portfolio policy. The current charge is:

USD 222.10* GBP 168.00* SGD 278.20 AUD 303.00 CHF 193.10
EUR 195.90 HKD 1,597.00 JPY 27,800.00 SEK 2,135.00

# The fixed amount charges in currencies other than US dollars and sterling are set by the appointed actuary four times each year, 28 days prior to each calendar quarter end. The amounts are based on the US dollar and sterling charges but can vary from quarter to quarter depending on the movements in exchange rates.

Other policy form numbers

For all other Global Portfolio policyholders’ policy form numbers^ please refer to the charges as below.

Administration charge

We will take a fixed administration charge on the first day of each calendar quarter to cover the previous quarter’s charge. The current charges are:

USD 269.00* HKD 2,094.00 JPY 36,440.00
GBP 220.20 CHF 253.20 AUD 397.20
SGD 364.60 EUR 256.80 SEK 2,799.00

Dealing charge

We will take a fixed dealing charge each time you buy or sell an asset. We will take any dealing charges in the currency of the deal on the last day of the calendar quarter in which the deal was placed. We will not charge this fee when you transfer money from a General Transaction Account (GTA) in one currency to one in a different currency. The current charges are:

USD
60.00*
SGD
81.30
GBP
49.10
AUD
88.60
CAD
80.90
CHF
56.50
DKK
426.00
EUR
57.30
HKD
467.00
JPY
8,130.00
NOK
590.00
NZD
94.20
SEK
624.00
ZAR
1,051.00

Ad-hoc charge

A charge will be taken from the GTA in the policy currency each time you make certain requests in relation to your policy. Please speak to your financial adviser to find out more about any certain requests which can be made to your Global Portfolio policy. The current charge is:

USD 296.50* GBP 242.70 SGD 401.90 AUD 437.80 CHF 279.00
EUR 283.10 HKD 2,308.00 JPY 40,170.00 SEK 3,085.00

# The fixed amount charges in currencies other than US dollars are set by the appointed actuary four times each year, 28 days prior to each calendar quarter end. The amounts are based on the US dollar charges but can vary from quarter to quarter depending on the movements in exchange rates. 

^ Your policy form number can be found on your policy schedule.

Please remember that investment involves risk. Fund prices may go up and down depending upon underlying investment performance, and the value of your investment cannot be guaranteed. The value of investments can be impacted by foreign exchange rate movement. You may get back less than you paid in.