Quarterly current charges update

Policy form numbers of GLP4-6 and GPP4-6

The charges below are correct as at 1 July 2022.

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 1,127.00 JPY 18,650.00
GBP 114.50* CHF 137.90 AUD 198.60
SGD 197.10 EUR 134.00 SEK 1,402.00

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
45.60*
SGD
59.40
GBP
34.50*
AUD
59.80
CAD
54.50
CHF
41.60
DKK
300.00
EUR
40.40
HKD
340.00
JPY
5,620.00
NOK
408.00
NZD
66.20
SEK
423.00
ZAR
670.00

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 222.10* GBP 168.00* SGD 289.20 AUD 291.30 CHF 202.30
EUR 196.70 HKD 1,653.00 JPY 27,360.00 SEK 2,058.00

# 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.

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 2,110.00 JPY 34,930.00
GBP 214.40 CHF 258.30 AUD 371.90
SGD 369.20 EUR 251.00 SEK 2,626.00

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
60.00*
SGD
82.30
GBP
47.80
AUD
82.90
CAD
75.60
CHF
57.60
DKK
416.00
EUR
56.00
HKD
471.00
JPY
7,790.00
NOK
565.00
NZD
91.80
SEK
586.00
ZAR
929.00

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 296.60* GBP 236.40 SGD 406.90 AUD 409.90 CHF 284.70
EUR 276.70 HKD 2,326.00 JPY 38,500.00 SEK 2,895.00

# 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.