Major benefits of investment through Investment-Linked Assurance Scheme

Whether you want to buy a property, save for your children's education or prepare for retirement, you need to start your financial planning as early as possible. Investment-Linked Assurance Scheme could be one of your options to achieve your goals.

Standard Life (Asia) Limited offers a wide range of Investment-Linked Assurance Schemes ("ILAS"). Each ILAS has its unique features. You may choose the appropriate scheme according to your needs across life-stages.

Investment with life protection – combine both investment and life protection in one policy.

Flexibility of investment – more flexible to select the investment choices according to your unique investment needs and risk appetite.

Relatively small investment amount – low minimum amount to invest in a variety of investment choices.

 Investment through ILAS offered by Standard LifeDirect Investment of Funds through Banks / Fund houses
Minimum Regular Investment Amount As low as HK$350 per month As low as HK$1,000 per month
Minimum Additional Top Up Amount As low as HK$1,200 per transaction As low as HK$4,000 per transaction
Number of Investment Choices per transaction Maximum 10 investment choices One fund

Transparency of investment – "Direct Fund Approach" enables policyholders to keep track of the investment objective and performance of an investment choice more easily. (Please refer to Standard Life Education series 3 for more details about "Direct Fund Apporach".

Transparency of investment cost – fees and charges are clearly shown in the principal brochure.

Wide range of investment choices – the more variety of the investment choices, the easier the policyholders can select the appropriate choices for their investment needs and risk appetite.

Free switching charge – flexible to make switching of investment choices, free of charge.

No bid and offer spread – the bid and offer spread for most of the investment choices are waived. It could help policyholders save the transaction cost.

Bonus allocation – bonus units in terms of extra units of investment choices will be given to policyholders to enhance the potential return.

Comparison of different types of investment tools

 

ILAS offered by Standard Life

Direct Investment of Funds

Traditional Life Insurance

Life Protection

Yes

No

Yes

Min. Investment Amount

Relatively low

Relatively high

Relatively low

Investment Choices

Self-determined

Self-determined

Determined by insurance company

Range of Investment Choices

Comprehensive

Extensive

N.A.

Investment Objective

Clear

Clear

Unclear

Investment Cost

Clear

Clear

Unclear

Switching Fee

Nil

Yes

N.A.

Bid and Offer Spread

Nil for most of the investment choices

Yes (normally 3%-5.5%)

N.A.

Guarantee Value

Depends on the investment choice

Depends on the investment choice

Yes

Upside Potential

Unlimited

Unlimited

Limited

Bonus Unit Allocation

Yes

No

No

 

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Disclaimer: This document is intended to be distributed in Hong Kong only. The above information is for reference only and should not be relied on as advice for making any investment decisions. You should seek advice from your independent financial advisor if you have any doubt. Investment involves risks. Past performance is not indicative of future performance. Please refer to the Principal Brochures, Fund Fact Sheets and Offering Documents of the underlying funds for further information and its relevant risk factors.