The Plan(s)* is/are a life insurance policies issued by Heng An Standard Life (Asia) Limited (“HASL Asia”,  “Company”, “we” or “us”). Your investments in the Plan are subject to the credit risks of the Company.

The premiums/contributions you pay, after deduction of any applicable fees and charges of your policy(s), will be invested by the Company in the underlying funds you selected and will accordingly go towards accretion of the value of your policy account. The value of your policy account will be calculated by the Company based on the performance of your selected underlying funds from time to time and the ongoing fees and charges which will continue to be deducted from the value of your policy account. Therefore, your potential return may be lower than the return of the corresponding underlying funds due to the applicable fees and charges of the Plan.

All premiums/contributions you paid towards the Plan(s), and any investments made by the Company in the underlying funds you selected, will become and remain the assets of the Company. You do not have any legal or beneficial rights or ownership over any of those assets. Your recourse is against the Company only.

Early surrender, termination or withdrawal of the Plan(s)/ suspension of or reduction in premium/contribution may result in a significant loss of principal and/or bonuses awarded (if applicable). Poor performance of the underlying funds may further magnify your investment losses, while all charges are still deductible.

The investment choices available under the Plan(s) can have very different features and risk profiles. Some may be of high risk. Some underlying funds may have a net derivative exposure of more than 50% of the net asset value of the underlying fund. Investments in derivatives involve additional risks such as leverage risk, counterparty risks, liquidity risk, valuation risk, volatility risk and over-the-counter transaction risk. The price of the underlying funds and the relevant investment choices may therefore be more volatile. In adverse situations, investing in derivatives may result in substantial loss.

The investment choices with reference codes started with “D” (Each an “Investment Choice (Cash Distribution)” and collectively, “Investment Choices (Cash Distribution)”) are investment choices that the corresponding underlying funds aim to distribute cash dividend on a regular basis and is available through Aspiration,OneFuture or ProFuture Protection Linked Plan only. By choosing the Investment Choices (Cash Distribution), you will receive dividend payout in cash if dividend is received from the corresponding underlying funds. You should note the following:

• The distribution of dividend of the corresponding underlying fund including the amount or rate of dividends or frequency of distribution are not guaranteed and is subject to the discretion of the corresponding underlying fund. The amount of cash dividend paid is not an indication or a projection or forecast of cash dividend to be paid in the future.
• The corresponding underlying fund of Investment Choices (Cash Distribution) may at its discretion pay  dividend out of capital or gross income while charging / paying all or part of the underlying fund’s fees and expenses to / out of its capital of the underlying fund (i.e. effectively pay dividend out of capital). Such payment of dividends out of capital amounts to a return or withdrawal of part of the investor’s original investment or from any capital gains attributable to that original investment, and may result in an immediate reduction of the net asset value per share of the corresponding underlying fund after the distribution date of the underlying fund, which may have a negative impact on the prices of the respective Investment Choices (Cash Distribution). Please also note that a positive distribution yield does not imply a positive return.
• In comparison to investment choices that reinvest dividend, Investment Choices (Cash Distribution) pay out cash dividend and hence, the account value of the Plan (i.e. Aspiration, OneFuture or ProFuture Protection Linked Plan) will be lower and it (i) will therefore lead to a lower amount of bonus (if applicable); (ii) may reduce the proceeds from death claim; and (iii) will lead to policy termination when the account value of the policy is insufficient to cover the relevant policy fees and charges due.
• You should not choose Investment Choices (Cash Distribution) unless you understand them and your financial advisor has explained to you how they are suitable for you.

If the insurance coverage for your policy incurs cost of insurance, you should note the followings:

• The cost of insurance for your life coverage may increase significantly during the term of your policy due to a combination of factors, for example, age, gender, investment return of your investment choices. etc.
• The higher the cost of insurance, the lesser your premium/ contribution is available for investment purpose.
• The cost of insurance may increase significantly to a level exceeding your regular premium/ contribution payment, particularly where your investment choices have been incurring significant losses. In such case, your policy value will be deducted to cover the cost of insurance and other charges of your policy. This may result in significant or even total loss of your investment and premium/ contribution paid.
• If the value of your policy is not enough to cover the policy charges (including the cost of insurance and other charges), your policy will be terminated early and you will not be able enjoy any targeted death benefit or other benefit from the policy.

Please read the offering documents of the relevant Plan which include the product brochure, product key facts statement and “Investment Choices Brochure”. You should also refer to the offering documents of the underlying funds for details.

The investment returns of the Plans may be subject to foreign exchange risks as some of the investment choices you selected and/or the assets of their underlying funds may be denominated in a currency which is different from that of your policy.

Investment involves risks. You should not purchase the Plan(s) unless you understand it and it has been explained to you how it is suitable for you. The final decision is yours.

You should not solely rely on the information provided in this website for making any investment decisions. You are reminded to read carefully the offering documents of the relevant Plan for further details including risk factors.

This website is prepared and issued by Heng An Standard Life (Asia) Limited.

* This website is applicable to the following plans which are currently marketed to the public in Hong Kong: OneFuture and ProFuture Protection Linked Plan, and the following plans which are currently not marketed to the public in Hong Kong, Aspiration, Aspire Investment Plan, Flexi-Pro, Fortuity, FutureCompass RI, FutureCompass SI, Harvest 101 Investment Plan, Harvest Elite Investment Plan, Harvest Wealth Investment Plan, Harvest Supreme Investment Plan, Heritage, LifeMaster, Pro-Investor Investment Plan, Reach Retirement Plan, Spectrum Retirement Plan, Spring Education Plan, Steps Regular Investment Plan, Wealth Achiever Investment Plan and Wealth Amplifier Investment Plan (each a “Plan” and collectively, the “Plans”).