Investment-linked Fund Prices July 2015

Transcription

1 Investment-linked Fund Prices July 2015 Investment-linked fund prices as at the last price available on 30 June This document is issued by Friends Provident International Limited ( Friends Provident International ) and to be used in Hong Kong only. Important information Friends Provident International issues investment-linked assurance schemes ( ILAS policy ), which are insurance policies with benefits linked to the performance of the Friends Provident International investment-linked funds/investment options selected by you. The premiums you pay towards the ILAS policy will become and remain the assets of Friends Provident International and thus your investments are subject to the credit risks of Friends Provident International. You do not have any rights or ownership over any of those assets. Your recourse is against Friends Provident International only. The policy value of Friends Provident International s ILAS policy will be calculated by Friends Provident International based on the performance of the underlying funds/assets corresponding to the investment-linked funds/investment options you selected. The return of the policy will be subject to the fees and charges of the scheme and may be lower than the return of the underlying funds/assets corresponding to the investment-linked funds/investment options you selected. The investment-linked funds available under Friends Provident International s investment-linked assurance schemes can have very different features and risk profiles. Some may be of high risks. For details, please read the relevant offering document of Friends Provident International s investment-linked assurance schemes and the offering document of the underlying funds involved, which are available from Friends Provident International on request. Friends Provident International s ILAS policy is designed to be held for a long term period and is therefore not designed for early surrender. Early surrender or withdrawal of the policy/suspension of or reduction in premium may result in a significant loss of principal and bonuses awarded. Poor performance of underlying funds/assets may further magnify your investment losses, while all charges are still deductible. The investment returns of the ILAS policy may be subject to foreign exchange risks as some of the investment-linked funds may be denominated in a currency which is different from that of the policy. Investment involves risks and the value of investments may go up as well as down. Investment returns are not guaranteed. Past performance should not be viewed as an indication of future performance. You should not purchase the ILAS policy 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 invest based on this document only. For details, including fees and charges and the risk factors of the policy, please refer to the relevant offering document of Friends Provident International s investment-linked assurance schemes. This document is applicable to Elite, Premier, Premier Ultra, Reserve, Summit, Summit II, Zenith, Executive Savings Plan, Flexible Growth Plan, International Investment Account, International Pension Plan, International Portfolio Bond, International Savings Plan, Managed Portfolio Account and Premier Investment Plan. These schemes are not available to new investors and are no longer marketed to the public in Hong Kong. HONG KONG

2 Investment-linked Fund Information Friends Provident International operates a range of investment-linked funds. The concept is simple: agreements have been set up with investment houses worldwide allowing us to link to specially selected underlying funds chosen on the basis of performance and investment expertise. Friends Provident International has set up its own investment-linked fund which invests solely in such underlying fund, apart from a proportionately small amount which may be held as a cash balance. The net premiums you pay will be invested by us in the underlying funds corresponding to the investment-linked funds you selected for Friends Provident International s asset liability management and will accordingly go towards accretion of the value of your ILAS policy. Your ILAS policy value will be calculated by us based on the performance of the underlying funds corresponding to the investmentlinked funds you selected from time to time and the ongoing fees and charges which will continue to be deducted from your policy value. Units in these chosen investment-linked funds allocated to your policy are notional, and are solely for the purpose of calculating the value which we will pay to you under your policy. Friends Provident International is the absolute legal and beneficial owner of all the assets which relate to each investmentlinked fund. Policyholders have no rights or entitlements to these underlying assets. The underlying investments of the investment-linked funds are unit trusts/mutual funds authorised by the Hong Kong Securities and Futures Commission ( SFC ). Such authorisation does not imply official recommendation. SFC authorisation is not a recommendation or endorsement of the unit trusts/mutual funds nor does it guarantee the commercial merits of the unit trusts/mutual funds or their performance. It does not mean the unit trusts/mutual funds are suitable for all investors nor is it an endorsement of their suitability for any particular investor or class of investors. Please note that an investment-linked fund available under Friends Provident International s investment-linked assurance schemes may not be linked to a class (or classes) of the underlying fund that is offered to the public investors in Hong Kong. Therefore, you should note that, among others, the fees that are charged in respect of the underlying fund linked to this investmentlinked fund may not be the same as the fees charged for a class of the underlying fund that is offered to the public investors in Hong Kong. For details, please refer to Friends Provident International and your independent financial adviser. There are fees for the policy and investment-linked funds that would in turn affect the return on your policy, which may be lower than the return on the underlying funds. Please refer to the corresponding offering documents of the underlying funds, which will be made available by our Hong Kong office. These offering documents will help you to understand the underlying funds, their investment objectives and strategies, any charges and fees, the risks that may affect your investment, etc. Please do not rely on these documents alone. We recommend that you discuss fully both the suitability of the investment-linked assurance schemes and the specific risks associated with your investments within these policies with your independent financial adviser before making any investment decisions Dealing Day and unit prices The Dealing Day is the day when we price and deal units of an investment-linked fund. The frequency of Dealing Day follows the frequency of the underlying funds and currently takes place every business day in Dorking (UK), if otherwise, a prior written notice will be provided in compliance with relevant regulatory requirements. The price of each investment-linked fund is determined by reference to the price of the underlying fund relating to that investment-linked fund and taking into account the investment-linked fund level charges. Consequently, the price and performance of the investment-linked funds will be different from the underlying funds but will mainly move in line with it. Notional units in the investment-linked funds available under Elite, Premier, Premier Ultra, Reserve, Summit, Summit II, Zenith, International Investment Account, International Portfolio Bond, International Savings Plan and Managed Portfolio Account are created or cancelled using the bid price. However, notional units in the investment-linked funds available under Executive Savings Plan, Flexible Growth Plan, International Pension Plan and Premier Investment Plan are created using the offer price and cancelled using the bid price. Offer prices are rounded up to three decimal places and bid prices are rounded down to three decimal places and are issued daily at approximately 5 p.m. (UK time). Please refer to the individual product brochures for details. Investment-linked fund prices may go up and down depending upon the underlying investment performance or, where investments held within an investment-linked fund are not denominated in the currency of that investment-linked fund, simply because of movements in currency exchange rates. Where we publish performance information, the figures are quoted including all underlying fund level charges payable to underlying fund managers and investment-linked fund level charges payable to Friends Provident International. However, past performance should not be viewed as an indication of future performance the value of your investment cannot be guaranteed and you may get back less than you paid in. These schemes are not available to new investors and are no longer marketed to the public in Hong Kong. Key to the symbols used in this leaflet a The underlying fund of this investment-linked fund is authorised by SFC under the Code on Unit Trusts and Mutual Funds, but not authorised or regulated under the SFC Code on Real Estate Investment Trusts. Such authorisation does not imply official recommendation. b Whilst an absolute return fund aims to achieve absolute performance, there may be circumstances under which negative returns could be generated. Investors should therefore not interpret it to mean or imply that an absolute return is guaranteed. c This underlying fund may make dividend distributions, which will be received by Friends Provident International and will be reflected in the prices of that investment-linked funds. d This investment-linked fund is available for Premier, Premier Ultra, Reserve, Summit, Summit II, Zenith only. e This investment-linked fund is not available for Reserve. Page 2

3 INVESTMENT-LINKED FUND DETAILS DISCRETE ONE YEAR PERFORMANCE AS AT 30 June 2015 Sterling performance US Dollar performance Euro performance Friends Provident International investment-linked fund code/name [currency] Asia Pacific P65 Aberdeen Global Asia Pacific Equity Launch Date Bid Price Offer Price # 10/ % -2.6% 9.9% -8.9% 12.6% -6.0% 9.3% 8.0% -11.6% 20.1% 14.8% 3.9% 3.0% 2.1% 1.4% J08 Allianz Little Dragons 8/ % 3.0% 9.3% -20.0% 16.6% 3.4% 15.6% 7.4% -22.4% 24.4% 26.1% 9.9% 2.4% -10.3% 4.9% P50 Allianz Oriental Income 3/ % -0.1% 15.5% -10.0% 11.8% -0.4% 12.0% 13.5% -12.7% 19.2% 21.5% 6.5% 8.2% 0.9% 0.6% R44 Allianz Total Return Asian Equity 10/ % 11.7% 7.7% -14.0% 21.5% 1.9% 25.3% 5.9% -16.5% 29.6% 24.4% 19.1% 1.0% -3.6% 9.4% J03 Baring Asia Growth c 8/ % 1.9% 6.9% -18.5% 18.1% 9.6% 14.3% 5.1% -21.0% 26.0% 33.7% 8.7% 0.2% -8.7% 6.3% R30 First State Asian Equity Plus 10/ % 3.3% 14.7% -3.8% 13.5% 6.9% 15.9% 12.8% -6.7% 21.1% 30.4% 10.2% 7.5% 7.9% 2.1% J02 Invesco Asian Equity c 8/ % 6.5% 12.8% -14.3% 17.7% 0.2% 19.5% 10.9% -16.9% 25.5% 22.3% 13.6% 5.8% -3.9% 5.9% R08 JPMorgan ASEAN 4/ % -10.2% 21.9% -2.1% 18.3% -7.4% 0.8% 19.9% -5.0% 26.2% 13.0% -4.2% 14.3% 9.8% 6.5% J34 JPMorgan Eastern 10/ % 0.3% 13.1% -19.4% 19.4% -1.2% 12.5% 11.1% -21.8% 27.4% 20.6% 7.0% 6.0% -9.7% 7.5% P66 JPMorgan Eastern Smaller Companies 10/ % 3.0% 25.6% -19.7% 11.6% 7.2% 15.6% 23.5% -22.1% 19.1% 30.9% 9.9% 17.7% -10.0% 0.5% J32 JPMorgan Pacific Securities 4/ % -0.9% 21.7% -14.8% 13.1% 1.7% 11.2% 19.6% -17.4% 20.7% 24.1% 5.7% 14.0% -4.5% 1.8% P40 Value Partners High-Dividend Stocks c Asia Pacific Single Country P33 Aberdeen Global Chinese Equity 5/ % -0.7% 16.3% -5.4% 9.4% 15.0% 11.4% 14.4% -8.2% 16.7% 40.3% 6.0% 9.0% 6.1% -1.5% 3/ % -7.3% 4.2% -7.0% 12.8% -0.1% 4.0% 2.4% -9.8% 20.4% 22.0% -1.1% -2.4% 4.2% 1.6% M56 Baring Australia c 4/ % 1.8% 11.5% -15.8% 26.8% -17.5% 14.2% 9.6% -18.3% 35.3% 0.7% 8.5% 4.5% -5.6% 14.2% M55 Baring Hong Kong & China c 4/ % 2.2% 1.5% -20.2% 5.3% 18.4% 14.7% -0.2% -22.5% 12.3% 44.5% 9.0% -4.8% -10.5% -5.2% J46 Baring Korea Feeder 7/ % 6.5% -2.0% -20.4% 30.3% 1.0% 19.4% -3.6% -22.8% 39.0% 23.2% 13.6% -8.1% -10.7% 17.3% R51 First State China Growth 3/ % 4.5% 16.9% -11.0% 6.7% 5.3% 17.3% 14.9% -13.7% 13.8% 28.4% 11.5% 9.5% -0.3% -3.9% R31 First State Greater China Growth 10/ % 5.5% 15.0% -9.5% 12.8% 3.8% 18.3% 13.0% -12.2% 20.3% 26.6% 12.5% 7.8% 1.5% 1.5% R98 Henderson Horizon China 11/ % 6.8% 10.1% -29.6% 13.7% 18.8% 19.8% 8.2% -31.7% 21.4% 44.9% 13.9% 3.1% -21.0% 2.4% J55 HSBC Chinese Equity c 1/ % 1.5% 5.5% -19.3% 3.5% 31.3% 13.8% 3.7% -21.7% 10.5% 60.2% 8.2% -1.1% -9.5% -6.8% J56 HSBC Hong Kong Equity c 1/ % -2.5% 14.5% -16.6% 5.5% 20.6% 9.4% 12.6% -19.1% 12.6% 47.2% 4.0% 7.3% -6.5% -5.0% L36 JPMorgan Indonesia e 5/ %* N/A N/A N/A N/A -19.0%* N/A N/A N/A N/A -19.2%* N/A N/A N/A N/A R09 JPMorgan Taiwan 4/ % 7.7% 17.5% -17.8% 28.7% -1.2% 20.9% 15.6% -20.2% 37.3% 20.6% 14.9% 10.2% -7.8% 15.8% J47 JPMorgan Thailand 7/ % -12.9% 36.2% 13.9% 27.4% 2.6% -2.3% 33.9% 10.5% 35.9% 25.2% -7.1% 27.6% 27.6% 14.7% Investment involves risks. Past performance information presented is not indicative of future performance. # The offer price only applies to Executive Savings Plan, Flexible Growth Plan, International Pension Plan and Premier Investment Plan. Performance marked * does not represent a full year performance in that year. It is the performance since launch to the performance year ended date. Source: Friends Provident International Limited. Performance on an offer to offer basis over 1 year periods for the last 5 years. Page 3

4 INVESTMENT-LINKED FUND DETAILS DISCRETE ONE YEAR PERFORMANCE AS AT 30 June 2015 Sterling performance US Dollar performance Euro performance Friends Provident International investment-linked fund code/name [currency] Launch Date Bid Price Offer Price # Deposit M65 Investec GS Sterling Money [Sterling] 2/ % -1.1% -1.2% -1.0% -1.0% -8.7% 10.4% -3.3% -4.4% 5.1% 11.7% 5.2% -7.6% 10.7% -11.0% M66 Investec GS US Dollar Money 2/ % -12.0% 0.6% 2.0% -7.2% -1.2% -1.3% -1.1% -1.0% -1.0% 20.5% -6.1% -5.8% 14.4% -16.4% J42 JPMorgan USD Money Market 2/ % -12.0% 0.5% 1.8% -7.3% -1.1% -1.3% -1.2% -1.2% -1.1% 20.7% -6.1% -5.8% 14.1% -16.6% Equity Europe Single Country L14 HSBC Russia Equity c e 5/ %* N/A N/A N/A N/A -36.8%* N/A N/A N/A N/A -37.0%* N/A N/A N/A N/A Equity Financial S112 Jupiter Global Financials c 5/ %* N/A N/A N/A N/A 30.5%* N/A N/A N/A N/A 30.2%* N/A N/A N/A N/A Emerging Markets R11 Aberdeen Global Emerging Markets Smaller Companies (This investment-linked fund is closed to new investment with effect from 1 May 2013) 4/ % -6.6% 18.1% -4.3% 14.6% -10.0% 4.7% 16.1% -7.2% 22.3% 9.8% -0.4% 10.7% 7.2% 3.2% P54 Aberdeen Global Indian Equity 3/ % 15.2% 6.5% -19.7% 10.5% 11.9% 29.2% 4.7% -22.1% 17.9% 36.5% 22.9% -0.2% -10.0% -0.5% R62 Allianz BRIC Equity 3/ % 0.8% 1.5% -28.4% 7.8% -3.4% 13.1% -0.2% -30.5% 15.0% 17.9% 7.6% -4.8% -19.7% -3.0% J48 Allianz Emerging Asia Equity c 7/ % 8.8% 11.4% -15.4% 17.9% 7.3% 22.1% 9.5% -17.9% 25.8% 30.9% 16.1% 4.4% -5.2% 6.2% L26 Alquity Africa e 5/ %* N/A N/A N/A N/A -18.2%* N/A N/A N/A N/A -18.4%* N/A N/A N/A N/A J38 Invesco Emerging Markets Equity c 10/ % 3.8% 12.2% -17.3% 9.4% -6.8% 16.5% 10.3% -19.8% 16.7% 13.8% 10.8% 5.2% -7.3% -1.5% J30 JPMorgan India 12/ % 9.7% 6.8% -24.0% 4.3% 13.1% 23.1% 5.0% -26.3% 11.2% 38.0% 17.0% 0.1% -14.9% -6.1% L12 Fidelity EMEA e 5/ %* N/A N/A N/A N/A 14.1%* N/A N/A N/A N/A 13.8%* N/A N/A N/A N/A P89 Parvest Equity Brazil 4/ % -3.4% -5.8% -28.0% 4.9% -29.5% 8.3% -7.4% -30.1% 11.9% -14.0% 3.0% -11.7% -19.3% -5.6% L38 Schroder Frontier Markets Equity d 9/ %* N/A N/A N/A N/A -8.3%* N/A N/A N/A N/A 8.4%* N/A N/A N/A N/A J37 Schroder Latin American 10/ % -6.8% -4.7% -16.5% 6.9% -26.0% 4.5% -6.3% -19.0% 14.1% -9.6% -0.6% -10.7% -6.4% -3.7% R52 Schroder Middle East 3/ % 11.6% 29.2% -4.7% 6.8% -7.6% 25.2% 27.0% -7.6% 14.0% 12.8% 19.1% 21.0% 6.8% -3.8% P58 Templeton BRIC 7/ % 3.3% -4.6% -29.1% 13.9% -7.7% 15.9% -6.2% -31.2% 21.6% 12.6% 10.2% -10.6% -20.5% 2.6% J60 Templeton Emerging Markets 2/ % -4.4% 5.6% -17.3% 17.8% -11.7% 7.2% 3.8% -19.7% 25.7% 7.7% 1.9% -1.0% -7.3% 6.0% P52 Templeton Latin America 3/ % -8.2% -3.0% -21.8% 12.4% -28.5% 3.0% -4.6% -24.1% 19.9% -12.8% -2.0% -9.1% -12.3% 1.2% Investment involves risks. Past performance information presented is not indicative of future performance. # The offer price only applies to Executive Savings Plan, Flexible Growth Plan, International Pension Plan and Premier Investment Plan. Performance marked * does not represent a full year performance in that year. It is the performance since launch to the performance year ended date. Source: Friends Provident International Limited. Performance on an offer to offer basis over 1 year periods for the last 5 years. Page 4

5 INVESTMENT-LINKED FUND DETAILS DISCRETE ONE YEAR PERFORMANCE AS AT 30 June 2015 Sterling performance US Dollar performance Euro performance Friends Provident International investment-linked fund code/name [currency] Launch Date Bid Price Offer Price # Europe P48 Baring Eastern Europe c 12/ % -6.0% 9.4% -28.0% 16.5% -29.7% 5.5% 7.6% -30.1% 24.3% -14.2% 0.3% 2.6% -19.2% 4.9% J84 Fidelity Euro Blue Chip [Euro] 2/ % 10.4% 37.2% -23.0% 28.9% -6.6% 23.6% 34.5% -25.5% 37.2% 14.6% 18.1% 28.9% -13.4% 16.4% P51 Franklin Mutual European [Euro] 3/ % 11.2% 27.6% -17.0% 18.8% -11.4% 24.4% 25.1% -19.6% 26.5% 8.7% 18.9% 19.9% -6.7% 7.2% L40 Invesco Continental European Small 9/ %* N/A N/A N/A N/A -1.4%* N/A N/A N/A N/A 16.2%* N/A N/A N/A N/A Cap Equity c d J36 Investec GS European Equity 10/ % 19.0% 38.1% -19.8% 29.0% -1.0% 33.5% 35.7% -22.2% 37.6% 20.8% 26.9% 29.4% -10.1% 16.1% J76 Principal European Equity 3/ % 11.3% 26.8% -16.2% 23.5% -4.3% 24.9% 24.7% -18.7% 31.8% 16.7% 18.7% 18.9% -6.0% 11.2% Global Equity M87 Invesco Global Small Cap Equity c 4/ % 9.4% 27.7% -13.9% 20.1% 0.7% 22.7% 25.5% -16.5% 28.1% 22.9% 16.7% 19.7% -3.5% 8.1% J06 Investec GS Global Equity 8/ % 8.7% 22.8% -8.9% 21.6% -0.2% 21.9% 20.7% -11.7% 29.8% 21.8% 15.9% 15.1% 2.1% 9.5% J74 Investec GS Global Strategic Equity 8/ % 13.0% 24.3% -9.5% 22.1% 2.4% 26.8% 22.2% -12.2% 30.3% 25.0% 20.5% 16.5% 1.5% 9.9% R22 M&G Global Basics 5/ % -3.0% 9.1% -16.5% 21.0% -8.3% 8.8% 7.2% -19.0% 29.1% 11.9% 3.4% 2.2% -6.4% 9.0% R23 M&G Global Leaders 5/ % 0.4% 25.3% -10.1% 11.2% -5.6% 12.7% 23.2% -12.8% 18.6% 15.2% 7.1% 17.4% 0.8% 0.1% R33 Schroder Global Equity Yield (EUR) 10/ % 6.8% 20.0% -6.0% 17.7% 0.1% 19.5% 17.6% -9.0% 25.3% 22.8% 14.2% 12.7% 5.6% 6.3% [Euro] R32 Schroder Global Equity Yield (USD) 10/ % 6.5% 20.6% -6.1% 18.6% 0.1% 19.4% 18.5% -8.9% 26.5% 22.1% 13.6% 13.0% 5.2% 6.8% J72 Templeton Global 8/ % 11.6% 37.7% -17.9% 20.8% -4.7% 25.2% 35.4% -20.3% 28.9% 16.3% 19.1% 29.1% -7.9% 8.8% International Bond J27 Baring High Yield Bond c 10/ % -2.7% 9.3% 5.2% 5.8% -3.9% 9.2% 7.4% 2.0% 12.9% 17.3% 3.8% 2.4% 17.9% -4.7% P87 Baring International Bond (EUR) c 3/ % -6.0% -1.4% 2.2% 5.0% -12.1% 5.2% -3.3% -1.1% 11.8% 7.8% 0.5% -7.3% 14.8% -5.2% [Euro] M57 Baring International Bond (USD) c 4/ % -6.3% -1.2% 1.8% 5.6% -12.0% 5.2% -2.9% -1.3% 12.6% 7.4% 0.0% -7.4% 14.1% -5.0% J87 Fidelity Euro Bond [Euro] 6/ % 1.4% 13.4% -7.6% 9.5% -17.4% 13.5% 11.2% -10.6% 16.5% 1.3% 8.4% 6.5% 3.9% -1.2% M84 Franklin US Government c 10/ % -9.3% -1.9% 6.4% -4.1% -0.2% 1.8% -3.6% 3.3% 2.3% 21.8% -3.2% -8.1% 19.3% -13.7% P74 Invesco Euro Corporate Bond [Euro] 3/ % 0.6% 17.9% -9.8% 16.0% -18.1% 12.6% 15.6% -12.7% 23.5% 0.4% 7.6% 10.8% 1.4% 4.7% J43 Investec GS Global Strategic Income 2/ % -10.0% 0.9% 0.5% 4.3% -6.3% 1.0% -0.8% -2.5% 11.3% 14.3% -4.0% -5.4% 12.7% -6.1% P88 Mellon Global Bond (EUR) [Euro] 3/ % -7.3% -4.4% 5.2% 2.3% -9.9% 3.7% -6.3% 1.8% 8.9% 10.5% -0.9% -10.2% 18.2% -7.7% P67 Mellon Global Bond (USD) 10/ % -7.7% -4.2% 4.9% 2.3% -9.9% 3.6% -5.8% 1.8% 9.2% 10.0% -1.5% -10.2% 17.6% -7.9% P97 Parvest Bond Best Selection World Emerging 4/ % -7.3% -0.8% 1.2% 1.2% -12.4% 4.0% -2.5% -1.8% 8.0% 6.9% -1.1% -7.0% 13.4% -8.9% Investment involves risks. Past performance information presented is not indicative of future performance. # The offer price only applies to Executive Savings Plan, Flexible Growth Plan, International Pension Plan and Premier Investment Plan. Performance marked * does not represent a full year performance in that year. It is the performance since launch to the performance year ended date. Source: Friends Provident International Limited. Performance on an offer to offer basis over 1 year periods for the last 5 years. Page 5

6 INVESTMENT-LINKED FUND DETAILS DISCRETE ONE YEAR PERFORMANCE AS AT 30 June 2015 Sterling performance US Dollar performance Euro performance Friends Provident International investment-linked fund code/name [currency] Launch Date Bid Price Offer Price # International Bond (continued) L33 PIMCO Global High Yield Bond e 5/ %* N/A N/A N/A N/A 22.8%* N/A N/A N/A N/A 22.5%* N/A N/A N/A N/A L22 PIMCO Global Real Return e 5/ %* N/A N/A N/A N/A 10.5%* N/A N/A N/A N/A 10.2%* N/A N/A N/A N/A M83 Schroder Asian Bond Absolute 10/ % -10.8% 2.3% 4.0% -7.9% -0.3% 0.1% 0.6% 0.9% -1.7% 21.6% -4.8% -4.1% 16.6% -17.1% Return b P91 Schroder Global Corporate Bond 3/ % 0.2% 7.0% -7.1% 13.8% -19.8% 12.1% 5.0% -10.1% 21.1% -1.7% 7.1% 0.6% 4.4% 2.7% (EUR) [Euro] P90 Schroder Global Corporate Bond 3/ % -4.4% 2.6% 7.4% -3.9% -1.4% 7.3% 0.9% 4.1% 2.6% 20.3% 2.0% -3.8% 20.3% -13.5% (USD) P92 Schroder Strategic Bond (USD) 3/ % -10.9% 5.8% 2.5% -1.3% -1.9% -0.1% 4.0% -0.6% 5.3% 19.7% -5.0% -0.9% 14.8% -11.2% R97 Templeton Asian Bond (USD) 11/ % -6.8% 4.8% -1.8% 5.2% -4.2% 4.5% 3.1% -4.7% 12.2% 16.9% -0.6% -1.8% 10.1% -5.3% L13 Templeton Emerging Markets Bond e 5/ %* N/A N/A N/A N/A 5.2%* N/A N/A N/A N/A 4.9%* N/A N/A N/A N/A L05 Templeton Global Bond (EUR) [Euro] 3/ % -6.0% 9.7% -0.9% 3.8% -3.7% 5.2% 7.5% -4.1% 10.4% 18.1% 0.5% 3.0% 11.3% -6.3% L06 Templeton Global Bond (USD) 2/ % -6.2% 9.9% -1.2% 3.7% -3.8% 5.2% 8.1% -4.2% 10.6% 17.3% 0.1% 3.0% 10.7% -6.6% L03 Templeton Global Total Return (EUR) [Euro] 2/ % -5.6% 13.5% 0.0% 7.3% -5.6% 5.6% 11.3% -3.3% 14.2% 15.8% 0.9% 6.6% 12.3% -3.2% L04 Templeton Global Total Return (USD) 2/ % -5.8% 13.7% -0.1% 7.7% -4.8% 5.6% 11.8% -3.1% 14.9% 16.2% 0.4% 6.6% 12.0% -3.0% Japan R63 Allianz Japan Equity c 3/ % -7.6% 23.7% -6.3% 5.3% 8.4% 3.7% 21.6% -9.1% 12.4% 32.2% -1.4% 15.9% 5.1% -5.2% P56 BlackRock Japan Opportunities 3/ % -2.9% 29.5% -7.7% 6.3% -2.8% 8.9% 27.3% -10.4% 13.4% 18.6% 3.6% 21.4% 3.5% -4.3% J71 Schroder Japanese Opportunities 8/ % 4.8% 20.1% -3.6% 5.8% 10.9% 17.5% 18.1% -6.5% 12.9% 35.3% 11.8% 12.5% 8.1% -4.7% Mixed Asset L37 Schroder Global Multi-Asset Income 9/ %* N/A N/A N/A N/A -8.3%* N/A N/A N/A N/A 8.4%* N/A N/A N/A N/A (GBP HDG) d [Sterling] L41 Schroder Global Multi-Asset Income (USD) d 9/ %* N/A N/A N/A N/A -3.4%* N/A N/A N/A N/A 13.9%* N/A N/A N/A N/A North America J77 BlackRock US Flexible Equity 3/ % 8.1% 22.5% -3.7% 14.4% 5.7% 21.3% 20.4% -6.6% 22.1% 29.0% 15.3% 14.8% 7.9% 3.0% J39 Schroder US Smaller Companies 11/ % 6.6% 26.2% -7.1% 15.9% 6.3% 19.6% 24.1% -9.9% 23.7% 29.7% 13.8% 18.3% 4.1% 4.4% Investment involves risks. Past performance information presented is not indicative of future performance. # The offer price only applies to Executive Savings Plan, Flexible Growth Plan, International Pension Plan and Premier Investment Plan. Performance marked * does not represent a full year performance in that year. It is the performance since launch to the performance year ended date. Source: Friends Provident International Limited. Performance on an offer to offer basis over 1 year periods for the last 5 years. Page 6

7 INVESTMENT-LINKED FUND DETAILS DISCRETE ONE YEAR PERFORMANCE AS AT 30 June 2015 Sterling performance US Dollar performance Euro performance Friends Provident International investment-linked fund code/name [currency] Property P78 Fidelity Global Property (USD) a P61 P83 Henderson Horizon Asia-Pacific Property Equities a Schroder Global Property Securities (EUR) a [Euro] P82 Schroder Global Property Securities (USD) a Theme J96 Aberdeen Global Technology Equity Launch Date Bid Price Offer Price # 3/ % 0.2% 16.6% -1.8% 17.2% 2.5% 12.4% 14.6% -4.7% 25.1% 25.1% 6.8% 9.3% 10.1% 5.6% 4/ % -7.0% 27.2% -6.8% 7.1% -3.9% 4.3% 25.1% -9.6% 14.2% 17.3% -0.8% 19.2% 4.5% -3.6% 3/ % 3.8% 15.1% -16.3% 37.3% -20.3% 16.2% 12.9% -19.0% 46.1% -2.3% 11.0% 8.1% -6.0% 23.9% 3/ % -0.8% 11.0% -2.0% 17.2% -3.0% 11.3% 9.1% -4.9% 25.0% 18.3% 5.9% 4.0% 9.9% 5.5% 3/ % 6.5% 11.6% -2.2% 18.6% 1.5% 19.5% 9.7% -5.1% 26.5% 23.9% 13.6% 4.6% 9.7% 6.8% P98 Amundi Equity Global 4/ % 14.1% 14.3% -4.1% 14.4% -16.8% 28.1% 12.4% -6.9% 22.1% 1.5% 21.8% 7.1% 7.6% 3.0% P69 BlackRock New Energy 10/ % 10.3% 22.3% -24.5% 1.1% -8.4% 23.8% 20.3% -26.8% 7.9% 11.8% 17.7% 14.6% -15.4% -9.0% M82 BlackRock World Gold 10/ % 5.9% -43.5% -19.3% 3.5% -27.0% 18.8% -44.4% -21.8% 10.5% -10.9% 12.9% -47.0% -9.6% -6.8% P70 BlackRock World Mining 10/ % 4.0% -24.2% -33.5% 26.9% -32.2% 16.6% -25.5% -35.5% 35.4% -17.3% 10.9% -29.0% -25.4% 14.2% R12 DWS Global Agribusiness 4/ % -1.4% 9.3% -11.3% 27.7% -6.5% 10.7% 7.5% -13.9% 36.2% 14.0% 5.2% 2.4% -0.5% 14.9% J97 L39 Fidelity Global Telecommunications [Euro] Franklin Biotechnology Discovery d 3/ % 2.2% 14.9% -2.8% 21.7% -1.3% 14.4% 12.7% -6.0% 29.5% 21.0% 9.3% 8.0% 9.2% 9.8% 9/ %* N/A N/A N/A N/A 43.6%* N/A N/A N/A N/A 69.2%* N/A N/A N/A N/A R25 Invesco Asia Infrastructure 5/ % -3.6% 4.9% -19.1% 17.2% 1.5% 8.2% 3.2% -21.5% 25.0% 23.8% 2.9% -1.7% -9.3% 5.5% J57 Invesco Global Health Care c 1/ % 12.8% 27.1% 0.7% 14.8% 18.6% 26.5% 25.0% -2.4% 22.5% 44.7% 20.3% 19.1% 12.8% 3.4% J58 Invesco Global Technology c 1/ % 11.7% 8.8% -3.4% 15.6% 8.1% 25.3% 7.0% -6.3% 23.4% 31.9% 19.2% 2.0% 8.3% 4.1% P47 Investec GS Global Energy 12/ % 16.3% 11.6% -24.1% 23.9% -38.6% 30.5% 9.7% -26.4% 32.1% -25.0% 24.1% 4.6% -14.9% 11.5% L19 J95 JPM Global Natural Resources e JPMorgan Pacific Technology 5/ %* N/A N/A N/A N/A -50.5%* N/A N/A N/A N/A -50.6%* N/A N/A N/A N/A 3/ % 6.9% 12.8% -10.6% 6.5% 2.7% 19.9% 10.9% -13.3% 13.6% 25.3% 14.0% 5.7% 0.2% -4.2% R34 Schroder Global Climate Change 10/ % 5.9% 24.2% -14.4% 14.4% -0.6% 18.8% 22.1% -17.0% 22.1% 21.3% 13.0% 16.4% -4.1% 3.0% Equity UK P55 Invesco UK Equity (GBP) c e [Sterling] 5/ %* N/A N/A N/A N/A 81.0%* N/A N/A N/A N/A 81.0%* N/A N/A N/A N/A J73 Invesco UK Equity c 8/ % 16.1% 31.5% -1.6% 16.7% 1.1% 30.2% 29.2% -4.5% 24.5% 23.4% 23.8% 23.2% 10.3% 5.0% Investment involves risks. Past performance information presented is not indicative of future performance. # The offer price only applies to Executive Savings Plan, Flexible Growth Plan, International Pension Plan and Premier Investment Plan. Performance marked * does not represent a full year performance in that year. It is the performance since launch to the performance year ended date. Source: Friends Provident International Limited. Performance on an offer to offer basis over 1 year periods for the last 5 years. Page 7

8 Risk Factors Investment involves risk and each investment-linked fund will involve its own individual level of risk: Eq Li FI B Where an underlying fund invests in equities, it entails risk, as individual stock prices can move up and down more dramatically than other forms of investment. Shares, when sold, may be worth less than their original cost and you may get back less than you paid in. Some underlying funds invest in asset classes that are considered illiquid, in that sometimes they may not be so easy to sell. It should be recognised that an investment in an investment-linked fund of this type may have liquidity constraints that may lead to delays in the sale of investment-linked fund units. Where an underlying fund invests in fixed interest securities the value can go up and down as interest rates change. For example, if interest rates rise, the value is likely to fall. Some underlying funds invest in company bonds. High yielding bonds are usually lower grade. These carry an increased risk to both the income and capital value of the investment-linked fund for example, the company issuing the bond has financial difficulties and stops trading. Com Some underlying funds invest in commodity markets and investment values can move up and down sharply depending on levels of speculation and supply and demand. EM D Where an underlying fund invests in emerging markets, investment values can move sharply down or up. These markets tend not to be so well regulated as developed markets and political unrest is more likely. Many underlying funds can now use derivative instruments as an investment tool. A derivatives instrument normally is a contract between two or more parties and, used in underlying funds, derives its value based on the value of an underlying asset at a particular point in time. The main types of derivatives are futures, forwards, options and swaps, with these instruments generally being used to hedge (reduce) risk, but can also be used for speculative purposes (at increased risk). Losses can be greater than the money put into these instruments. Guide to the Risk/Reward Profile of our investment-linked funds on pages 9 and 10 The Risk/Reward Profile is determined by Friends Provident International from information provided by the management company of the underlying fund and is based on the following characteristics of the underlying fund: volatility; asset type; and geographical region. The Risk/Reward Profile will be reviewed and, if appropriate, revised at least yearly by us as a result of our ongoing research analysis. The information given in the Risk/Reward Profile is for reference only and the SFC has not assessed or approved it, nor has it verified the accuracy of such information. Grade 1: Investment-linked funds offering conservative return similar to money market rates. The underlying funds that these investment-linked funds invest in may be exposed to the following risk factors: FI, D. Grade 2: Low-risk investment-linked funds offering security and potential growth. The underlying funds that these investment-linked funds invest in may be exposed to the following risk factors: FI, B, D. Grade 3: Grade 4: Grade 5: These investment-linked funds take a balanced approach to investment by holding a diverse portfolio of assets. The underlying funds that these investment-linked funds invest in may be exposed to the following risk factors: Eq, FI, B, D. A more focused asset exposure provides good growth potential with the risk of short-term volatility. The underlying funds that these investment-linked funds invest in may be exposed to the following risk factors: Eq, Li, FI, B, Com, EM, D. These aggressive investment-linked funds balance the risk of high volatility with the potential for high capital growth. The underlying funds that these investment-linked funds invest in may be exposed to the following risk factors: Eq, Li, FI, B, Com, EM, D. Page 8

9 Investment-linked Funds: Risk/Reward Profile Grade 1 Investec GS Sterling Money Investec GS US Dollar Money JPMorgan USD Money Market Grade 2 Baring International Bond (EUR) c Invesco Euro Corporate Bond PIMCO Global Real Return e Templeton Global Total Return (EUR) Baring International Bond (USD) c Investec GS Global Strategic Income Schroder Global Corporate Bond (EUR) Templeton Global Total Return (USD) Fidelity Euro Bond Mellon Global Bond (EUR) Schroder Global Corporate Bond (USD) Franklin US Government c Mellon Global Bond (USD) Schroder Strategic Bond (USD) Grade 3 Amundi Equity Global Investec GS Global Strategic Equity Schroder Global Equity Yield (USD) Templeton Global Bond (EUR) Baring High Yield Bond c Parvest Bond Best Selection World Emerging Schroder Global Multi-Asset Income (GBP HDG) d Templeton Global Bond (USD) Invesco UK Equity c PIMCO Global High Yield Bond e Schroder Global Multi- Asset Income (USD) d Invesco UK Equity (GBP) c e Schroder Asian Bond Absolute Return b Templeton Asian Bond (USD) Investec GS Global Equity Schroder Global Equity Yield (EUR) Templeton Emerging Markets Bond e Grade 4 Aberdeen Global Asia Pacific Equity First State Asian Equity Plus JPMorgan Pacific Securities Schroder Global Property Securities (EUR) a Allianz Japan Equity c Franklin Biotechnology Discovery d Jupiter Global Financials e Schroder Global Property Securities (USD) a Allianz Oriental Income Franklin Mutual European M&G Global Basics Schroder US Smaller Companies BlackRock US Flexible Equity Invesco Asian Equity c M&G Global Leaders Templeton Global Fidelity Euro Blue Chip Invesco Global Health Care c Principal European Equity Value Partners High-Dividend Stocks c Fidelity Global Telecommunications Investec GS European Equity Schroder Global Climate Change Equity Continued on page 10 Page 9

10 Investment-linked Funds: Risk/Reward Profile (continued) Grade 5 Aberdeen Global Chinese Equity Baring Eastern Europe c HSBC Chinese Equity c JPMorgan Indonesia e Aberdeen Global Emerging Markets Smaller Companies (This investment-linked fund is closed to new investment with effect from 1 May 2013) Aberdeen Global Indian Equity Aberdeen Global Technology Equity Allianz BRIC Equity Allianz Emerging Asia Equity c Allianz Little Dragons Allianz Total Return Asian Equity Alquity Africa e Baring Asia Growth c Baring Australia c Baring Hong Kong & China c Baring Korea Feeder BlackRock Japan Opportunities BlackRock New Energy BlackRock World Gold BlackRock World Mining DWS Global Agribusiness Fidelity EMEA e Fidelity Global Property (USD) a First State China Growth First State Greater China Growth Henderson Horizon Asia-Pacific Property Equities a Henderson Horizon China HSBC Hong Kong Equity c HSBC Russia Equity c e Invesco Asia Infrastructure Invesco Continental European Small Cap Equity c d Invesco Emerging Markets Equity c Invesco Global Small Cap Equity c Invesco Global Technology c Investec GS Global Energy JPM Global Natural Resources e JPMorgan ASEAN JPMorgan Eastern JPMorgan Eastern Smaller Companies JPMorgan India JPMorgan Pacific Technology JPMorgan Taiwan JPMorgan Thailand Parvest Equity Brazil Schroder Frontier Markets Equity d Schroder Japanese Opportunities Schroder Latin American Schroder Middle East Templeton BRIC Templeton Emerging Markets Templeton Latin America Page 10

11 Cautionary notes Policy information Friends Provident International s investment-linked assurance schemes, their offering documents and this document have been authorised by the SFC. Such authorisation does not imply official recommendation. SFC authorisation is not a recommendation or endorsement of an investmentlinked assurance scheme nor does it guarantee the commercial merits of an investment-linked assurance scheme or its performance. It does not mean the investment-linked assurance scheme is suitable for all investors nor is it an endorsement of its suitability for any particular investor or class of investors. Each policy is governed by and shall be construed in accordance with the laws of the Isle of Man. However, this will not preclude the right to bring legal action in a Hong Kong court. Illustration document Applicants will be required to sign an illustration document as part of the application for a policy. This document includes a table of figures which shows the impact of fees and charges on the policy and their effect on surrender values and death benefits. The figures are based on certain assumptions as stated in the document and are for illustrative purpose only. Policyholder protection To ensure the protection of policyholders interests the Isle of Man Insurance and Pensions Authority (the Regulator ) has put in place a number of statutory measures: Ring fencing of assets in accordance with the Insurance Act 2008 ( the Act ) Friends Provident International keeps policyholders premiums received in a special long-term business fund, which can only be used to meet the claims and long-term liabilities of policyholders. Friends Provident International also holds funds in excess of its long-term liabilities, and submits independently audited annual solvency reports to the Regulator, in accordance with the Act. the Life Assurance (Compensation of Policyholders) Regulations 1991 of the Isle of Man, wherever their place of residence. The Regulations ensure that in the unlikely event of Friends Provident International becoming insolvent, a levy would be made against all other Isle of Man resident life assurance companies so that up to 90% of our liabilities to eligible policyholders would be met (without any upper monetary limit). Please note that notwithstanding such Isle of Man regulations, there is no guarantee that you may get back up to 90% of the premium paid or the prevailing value of your policy. The final value you receive (if any) may be substantially less than the total premium paid or the prevailing value of your policy. Investors should be aware that specific investor protection and compensation schemes that may exist in relation to collective investments and deposits accounts are unlikely to apply in the event of failure of such an investment held within investment-linked assurance schemes. Investment-linked assurance schemes may not be suitable for everyone. We recommend that you read the relevant offering document and all associated documents carefully and discuss fully both the suitability of these investment-linked assurance schemes and the specific risks associated with your chosen investments within these policies with your independent financial adviser before making any investment decisions. Enquiries or complaints For any enquiries or complaints, please contact Friends Provident International at Suites , Two Pacific Place, 88 Queensway, Hong Kong, telephone , facsimile or servicing@fpihk.com. Complaints we cannot settle can be referred to the Financial Services Ombudsman Scheme for the Isle of Man. Please note that some telephone communications with Friends Provident International are monitored. A policyholder compensation fund in the event that the above measures fail, and the insurer is unable to meet its liabilities, all policyholders will receive the protection of Copyright 2015 Friends Provident International. All rights reserved. Page 11

12 Friends Provident International Limited: Registered and Head Office: Royal Court, Castletown, Isle of Man, British Isles, IM9 1RA. Telephone: +44(0) Fax: +44(0) Incorporated company limited by shares. Registered in the Isle of Man, number Authorised by the Isle of Man Insurance & Pensions Authority. Provider of life assurance and investment products. Hong Kong: Friends Provident International Limited Hong Kong Branch, Suites , Two Pacific Place, 88 Queensway, Hong Kong. Telephone: Fax: Website: Authorised by the Insurance Authority of Hong Kong to conduct long-term insurance business in Hong Kong. Friends Provident International is a registered trade mark of the Aviva group.