- Wealth Express Invest Plan, Wealth Express Single Premium Invest Plan and Wealth Plus Invest Plan ("The Plans") are investment-linked assurance schemes ("ILAS"), which are insurance policies issued by Hong Kong Life Insurance Limited ("Hong Kong Life") with benefits linked to the performance of investment options selected by you. Your investments are subject to the credit risk of Hong Kong Life.
- Returns payable under the Plans will be determined by Hong Kong Life with reference to the performance of the underlying funds as referred to in the Principal Brochure – Investment Options Summary which correspond to the investment options selected by you.
- Performance of the investment options under the Plans maybe lower than the performance of the corresponding SFC-authorized funds due to the various charges levied by Hong Kong Life.
- The premiums you pay towards the insurance policy will become part of the assets of Hong Kong Life. You do not have any rights or ownership over any of those assets. Your recourse is against Hong Kong Life only.
- The Plans are designed to be held for a medium/long term period. Early surrender or withdrawal of the policy may result in a significant loss of principal and bonuses awarded (if applicable). Poor performance of underlying funds may further magnify your investment losses, while all charges are still deductible.
- The investment options available under the Plans can have very different features and risk profiles. Some may be of high risk.
- The investment decision is yours but you should not invest in the Plans unless the intermediary who sells them to you has explained to you that the Plans are suitable for you having regard to your financial situation, investment experience and investment objectives.
- You should not invest based on the below information alone and should read the Principal Brochure (consists of the Product Brochure and the Investment Options Summary), Product Key Facts Statement and respective prospectuses of the underlying funds.
The return of investment under the Plans will be subject to the fees and charges of the Plans and may be lower than the return of investment option. For details of the fees and charges, please refer to the Principal Brochure.
The Plans are not available for new subscription and cannot continue to be marketed to the public in Hong Kong.
Investment involves risks. The unit price of investment option may rise and fall. Past performance should not be taken as an indication of future performance. For more details including the risk factors, please refer to the Principal Brochure.
For details of the underlying funds, please refer to the respective prospectuses of the underlying funds which are made available by Hong Kong Life upon request.
Issuer: Hong Kong Life Insurance Limited