Quarterly current charges update

Policy form numbers of GLP4-6 and GPP4-6

The charges below are correct as at 1 October 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 1,041.00 JPY 18,570.00
GBP 114.50* CHF 129.90 AUD 193.70
SGD 185.50 EUR 132.30 SEK 1,419.00

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
55.90
GBP
34.50*
AUD
58.40
CAD
52.30
CHF
39.10
DKK
296.00
EUR
40.40
HKD
314.00
JPY
5,600.00
NOK
398.00
NZD
65.10
SEK
428.00
ZAR
688.00

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 272.20 AUD 284.20 CHF 190.60
EUR 194.10 HKD 1,528.00 JPY 27,250.00 SEK 2,082.00

# 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 2,111.00 JPY 37,670.00
GBP 232.20 CHF 263.40 AUD 392.80
SGD 376.30 EUR 268.30 SEK 2,878.00

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
83.90
GBP
51.80
AUD
87.60
CAD
78.50
CHF
58.80
DKK
445.00
EUR
59.80
HKD
471.00
JPY
8,400.00
NOK
597.00
NZD
97.80
SEK
642.00
ZAR
1,033.00

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 256.00 SGD 414.70 AUD 432.90 CHF 290.40
EUR 295.70 HKD 2,327.00 JPY 41,520.00 SEK 3,172.00

# 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.