Quarterly charges
Flexibility, adaptability and choice.
Policy form numbers of GLP4-6 and GPP4-6
The charges below are correct as at 1 April 2025.
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 179.80* | HKD 1,402.00 | JPY 27,100.00 |
| GBP 142.00* | CHF 162.00 | AUD 289.00 |
| SGD 242.50 | EUR 172.00 | SEK 1,905.00 |
Dealing charge
We will take a fixed dealing charge each time your clients 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 your clients transfer money from a General Transaction Account (GTA) in one currency to one in a different currency. The current charges are:
| USD 54.40* |
SGD 73.40 |
GBP 43.00* |
AUD 87.00 |
CAD 78.60 |
CHF 49.10 |
DKK 388.00 |
| EUR 52.10 |
HKD 425.00 |
JPY 8,210.00 |
NOK 609.00 |
NZD 97.00 |
SEK 577.00 |
ZAR 1,010.00 |
Ad-hoc charge
A charge will be taken from the GTA in the policy currency each time your clients make certain requests in relation to your policy. The current charge is:
| USD 262.70* | GBP 207.50* | SGD 354.40 |
| AUD 422.00 | CHF 236.70 | EUR 251.30 |
| HKD 2,049.00 | JPY 39,600.00 | SEK 2,784.00 |
Asset exchange charge
We will take a charge for each individual asset in relation to your Global Portfolio policy. If it is necessary to convert it into another currency we will do this at the exchange rate on the day the charge is taken.
| Charge per asset | USD 200* |
| Charge per asset | GBP 157.50 |
* 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.
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 333.00* | HKD 2,590.00 | JPY 50,030.00 |
| GBP 262.20 | CHF 299.20 | AUD 533.50 |
| SGD 447.80 | EUR 317.60 | SEK 3,518.00 |
Dealing charge
We will take a fixed dealing charge each time your clients 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 your clients transfer money from a General Transaction Account (GTA) in one currency to one in a different currency. The current charges are:
| USD 74.50* |
SGD 100.20 |
GBP 58.70 |
AUD 119.40 |
CAD 107.30 |
CHF 66.90 |
DKK 530.00 |
| EUR 71.10 |
HKD 579.00 |
JPY 11,190.00 |
NOK 831.00 |
NZD 132.40 |
SEK 787.00 |
ZAR 1,384.00 |
Ad-hoc charge
A charge will be taken from the GTA in the policy currency each time your clients make certain requests in relation to your policy. The current charge is:
| USD 366.50* | GBP 288.60 | SGD 492.90 |
| AUD 587.20 | CHF 329.20 | EUR 349.50 |
| HKD 2,850.00 | JPY 55,070.00 | SEK 3,872.00 |
Asset exchange charge
We will take a charge for each individual asset in relation to your Global Portfolio policy. If it is necessary to convert it into another currency we will do this at the exchange rate on the day the charge is taken.
| Charge per asset | USD 200* |
| Charge per asset | GBP 157.50 |
* 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.