Invest

(Applicable to Investment-linked Assurance Schemes only)

ShineInvest and ShineInvest (Regular Premium) (such plans are currently available for new insurance policy applications)

Investify, Altitude II, Altitude, Horizon, Horizon II, i.BestFund Insurance Rider, i.Joyful Investment Annuity Plan, i.KnowU, i.KnowU (One-off Premium), i.Master, i.Wealth Regular Investment Savings Plan and Vintage (such plans are no longer available for new insurance policy applications and are not marketed to the public in Hong Kong)

• The investment choices listed in this website are available for the investment-linked assurance schemes ("ILAS") issued by FWD Insurance Company (Bermuda) Limited(incorporated in Bermuda with limited liability)("FWD"). The ILAS are not bank savings products. Your investments are subject to the credit risks of FWD.
  
• Although your ILAS is a life insurance policy, death benefit and accidental death benefit (if applicable) are linked to the performance of the investment choice(s) you selected from time to time, and therefore your death benefit and accidental death benefit (if applicable) are subject to investment risks and market fluctuations. The death benefit and accidental death benefit (if applicable) payable may not be sufficient for your individual needs.
  
• The premiums paid by you towards the ILAS, and any investments made by FWD in the underlying funds corresponding to the investment choice(s) you selected from time to time, will become and remain part of the assets of FWD. You do not have any rights or ownership over these underlying investments. Your recourse is against FWD only.
  
• The premiums paid by you will be invested by FWD into the underlying funds corresponding to the investment choice(s) as selected by you from time to time for FWD’s asset liability management. However, the unit(s) allocated to your policy account is notional and is solely for the purpose of determining the account value and benefits under your policy.
  
• Your return on investments is calculated by FWD with reference to the performance of the underlying funds corresponding to the investment choice(s) you selected from time to time. Besides, your return shall be subject to ongoing fees and charges which will continue to be deducted from the ILAS, hence, it may be lower than the return of the corresponding underlying funds. Each of the underlying funds has its own investment profile, objective and associated risks. Underlying funds corresponding to the investment choice(s) available for selection are listed in the investment choices brochure. These underlying funds are authorized by the SFC pursuant to the Code on Unit Trusts and Mutual Funds. Please note that SFC authorization is not a recommendation or endorsement of an underlying fund nor does it guarantee the commercial merits of an underlying fund or its performance. It does not mean the underlying fund is suitable for all investors nor is it an endorsement of its suitability for any particular investors or class of investors.
  
• Exercising premium holiday (if applicable), reduction of regular premium (if applicable), early termination, early surrender or partial withdrawal of the account value or the total account value (if applicable) of the ILAS may result in significant loss of your investment and principal paid as well as affect the death benefit, accidental death benefit (if applicable) and the future loyalty bonuses to be awarded (if applicable). Poor performance of the underlying funds may further magnify your investment losses while all charges are still deductible.
  
• FWD may effect termination of your ILAS if your policy is held by an incorporation which is a non-participating Foreign Financial Institutions in respect of U.S. Foreign Account Tax Compliance Act. If the ILAS policy is terminated under such circumstances, no surrender charge will be applied to the ILAS policy.
  
• ShineInvest (Regular Premium) is a regular premium ILAS policy and you are not allowed to pay any additional top up premium to the policy. In this circumstance, if the account value of your policy reaches zero on any valuation date or becomes insufficient in order to cover all the ongoing fees and charges including the cost of insurance, Your policy will be terminated early and you could lose all your regular premium paid and benefits, and may be subject to surrender charge. Therefore, you should check your account value and consider carefully before making partial withdrawal, reduction of regular premium or exercising premium holiday. For details, please refer to the offering documents of ShineInvest (Regular Premium).
  
• For ShineInvest (Regular Premium), upon expiry of the grace period, you must repay the regular premium due and resume paying regular premiums which are still payable under the selected premium payment term of your policy. Otherwise, this will lead to policy lapse which may be subject to surrender charge. For details of surrender charge and grace period, please refer to the offering documents of ShineInvest (Regular Premium).
  
• The investment choice(s) available under ILAS can have very different features and risk profiles. Some may be of high risk. The underlying fund(s) of investment choices(s) marked with “*” is/ are derivative fund(s) with net derivative exposure exceeding 50% of its net asset value. It may only be suitable for investors who understand the complicated structure of derivative product and associated risk. You may incur significant loss if investing in such investment choice(s). You are strongly advised to exercise caution in relation to such investment choice(s). For details, including but not limited to their investment objectives and policies, risk factors and charges, please refer to the offering documents of the underlying funds and ILAS, which can be obtained from your adviser or available from our website free of charge upon request.
  
• You should not purchase any of these products unless you understand it and it has been explained to you how it is suitable for you. The final decision is yours.
  
• Investment Choices (Cash Distribution) are the investment choice(s) which denoted the names ended with (“Dis”) and marked with “§§” that are linked to the share class of the corresponding underlying funds which aim to distribute cash dividend regularly. If you choose to invest in such investment choice(s), you will receive cash dividend if FWD receive such dividend from the underlying fund(s) of the investment choice(s). However, please note that:
  1. the corresponding underlying fund of the respective Investment Choices (Cash Distribution) may at its discretion effectively pay dividend out of the capital of the underlying fund (i.e. Dividend may be paid out of gross income while charging/ paying all or part of the underlying fund’s fees and expenses to/ out of the capital of the underlying fund, resulting in an increase in distributable income by the underlying fund).
  2. payment of dividends out of capital by the corresponding underlying fund amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment.
  3. any distributions involving payment of dividends out of capital may result in an immediate reduction of the net asset value per unit of the underlying fund, which may have a negative impact on the price of the Investment Choice (Cash Distribution). This may in turn reduce and result in a deduction to the account value and the total account value (if applicable) of your policy. In this case, death benefit, surrender benefit and maturity benefit will be reduced.
  4. It is not guaranteed that the underlying fund of an Investment Choice (Cash Distribution) will distribute cash dividend or distribute a fixed amount of cash dividend or distribute cash dividend at a periodic frequency. The amount of cash dividend paid is in no way an indication, a forecast or a projection of cash dividends to be paid in the future.

Investment involves risks. Please note that a positive distribution yield of dividends does not imply a positive return. Past performance should not be taken as an indication of future performance. You should not make any investment decision solely based on information contained herein. You should read ILAS offering documents and the relevant offering documents of the underlying funds corresponding to investment choices which can be obtained from your adviser or downloaded from Our website (www.fwd.com.hk).