HSBC Investment Funds (Canada) Inc. ( HIFC )

Transcription

1 HSBC Investment Funds (Canada) Inc. ( HIFC ) PARTICIPATION FORM FOR THE 2018 EXTENDED WINTER TRANSFER-IN BONUS OFFER FOR HSBC MUTUAL FUNDS NON-REGISTERED, HSBC MUTUAL FUNDS RRSP, HSBC MUTUAL FUNDS TFSA, HSBC MUTUAL FUNDS RRIF, HSBC WORLD SELECTION PORTFOLIO NON-REGISTERED, HSBC WORLD SELECTION PORTFOLIO RRSP AND/OR HSBC WORLD SELECTION RRIF ACCOUNTS ( 2018 Extended Winter HIFC Bonus Offer Form ) You may be eligible to participate in this bonus offer (the Bonus Offer ) to receive a bonus payment in the amounts set out below when you make one or more of the following: a) one or more of the transfers described below Transfer a minimum of $15,000 CAD: From: Your RRSP account at another financial institution An existing or new HSBC Mutual Funds RRSP account, or To: An existing HSBC World Selection Portfolio RRSP account. Your TFSA account at another financial institution An existing or new HSBC Mutual Funds TFSA account. Your non-registered investment account at another financial institution An existing or new HSBC Mutual Funds non-registered account, or An existing HSBC World Selection Portfolio non-registered account. Your RRIF account at another financial institution An existing or new HSBC Mutual Funds RRIF account, or b) a new contribution as described below An existing HSBC World Selection Portfolio RRIF account. A new contribution of a minimum of $15,000 CAD from: Your deposit account (such as a chequing or savings account) at another financial institution To: An existing or new HSBC Mutual Funds RRSP account, or An existing HSBC World Selection Portfolio RRSP account, or An existing or new HSBC Mutual Funds TFSA account, or An existing or new HSBC Mutual Funds non-registered account, or An existing HSBC World Selection Portfolio non-registered account. Table 1: Transfer-in/Contribution amount and corresponding Bonus Amounts Amount transferred in/contributed to the applicable HIFC account (CAD$) Amount of Bonus that may be paid in relation to the transfer-in/contribution amount (the Bonus Amount ) (CAD$)* $15,000 to $24, $150 $25,000 to $49, $250 $50,000 to $99, $550 $100,000 and above $1200 The Bonus Offer runs from January 02, 2018 to May 1, 2018 (the Offer Period ). All investments in a HIFC account are subject to standard suitability assessment and the applicable account terms and conditions. * Your eligibility for the Bonus Offer, including the payment of the Bonus Amount, is subject to the Qualifications and Other Conditions under the Bonus Offer Terms and Conditions below (collectively, the Terms and Conditions ). Please read the Terms and Conditions set out below E_ /6

2 Transfer-in/Contribution details: (For Internal Use) For transfers in (RRSP, TFSA, RRIF or Non-Registered Transfers): Customer Name: HSBC Mutual Fund or World Selection Portfolio Account Number: Customer HUB Number and Branch Number: Approximate amount to be transferred in from outside HSBC: (Amount to be verified): MFA Name: (CAD$) MFA employee number: For new contributions: Customer Name: HSBC Mutual Fund or World Selection Portfolio Account Number: Customer HUB Number and Branch Number: Amount from a deposit account outside of HSBC: Bank Branch Manager Authorizing Transfer in funds eligibility: (CAD$) MFA Name: MFA employee number: QUALIFICATIONS Bonus Offer Terms and Conditions 1. The Bonus Offer applies to the following accounts offered by HIFC: The HSBC MF Accounts (includes HSBC Wealth Compass Accounts): HSBC Mutual Funds RRSP (including locked-in RRSP and spousal RRSP) HSBC Mutual Funds RRIF HSBC Mutual Funds Non-Registered HSBC Mutual Funds TFSA accounts; And, the HSBC WSP Accounts : HSBC World Selection Portfolio RRSP (including locked-in RRSP and spousal RRSP) HSBC World Selection Portfolio RRIF HSBC World Selection Portfolio Non-Registered accounts 2. The Bonus Offer is available to all HIFC customers who have reached the age of majority in their province or territory of residence. 3. For new or existing HSBC MF Accounts, the customer must transfer in, or make a new contribution of, a minimum of $15,000 CAD at one time from any account held at another financial institution into the applicable HSBC MF Account. (Excludes HSBC mutual funds transferred from another financial institution into HIFC.) 4. For HSBC WSP accounts, the customer must have completed the initial account opening and invest an initial minimum amount of $50,000 CAD in accordance with the terms of the HSBC World Selection Portfolio Account Agreement. Part of this initial minimum amount must include $15,000 CAD (or more) transferred in, or newly contributed, from any account held at another financial institution E_ /6

3 5. For existing HSBC WSP Accounts, the customer must transfer in, or make a new contribution of, a minimum of $15,000 CAD from any account held at another financial institution into the applicable HSBC WSP Account. 6. The amount of money transferred in, which includes a new contribution, from another financial institution to any of the applicable HSBC MF Accounts or HSBC WSP Accounts (the Bonus Eligible Accounts ) is referred to in these Terms and Conditions as the Transfer In Amount. 7. Any Transfer In Amount must be received by HIFC by May 31, 2018 and remain invested in each applicable Bonus Eligible Account until May 31, 2019 or later. 8. To calculate the Bonus Amount, HIFC will reference the CAD equivalent of any transfer-in of US dollars for participation in the Bonus Offer. The USD/CAD exchange rate on June 15, 2018, as determined by HSBC, will be used to calculate the notional CAD equivalent of the US dollar transfer-in for the Bonus Amount calculation. After adjusting for withdrawals/transfers-out (if any are made) in accordance with below, HSBC will use this same June 15, 2018 USD/CAD exchange rate to calculate the Bonus Amount. 9. The Bonus Amount will be paid into the customer s HSBC MF Account, in either CAD or USD as applicable, or HSBC WSP Account (CAD). Withdrawals/Transfers-out: 10. During the 30 days before the Offer Period, if a customer withdraws/transfers out any amount from their existing HSBC MF Account and/or HSBC WSP account, the customer s Transfer In Amount will be reduced by the amount withdrawn/transferred out. 11. From January 02, 2018 to May 31, 2019 (inclusive), any withdrawals/transfers out from any of the Bonus Eligible Accounts where the Transfer In Amount was invested will decrease the Transfer In Amount by the amount withdrawn/transferred, and accordingly, may lower the Bonus Amount. This includes transfers from a Bonus Eligible Account into another HIFC account, and RRIF withdrawals and transfers to a joint account. Once withdrawals or transfers-out are made from any Bonus Eligible Account, subsequent transfers-in or new contributions to the applicable Bonus Eligible Account will not be considered for the Bonus Amount qualification. 12. If the withdrawals/transfers-out of any of the Bonus Eligible Accounts are in US dollars, the USD/CAD exchange rate on June 15, 2018, as determined by HSBC, will be used to calculate the Canadian dollar equivalent of the US dollar withdrawals/transfers out for the Bonus Amount calculation. 13. The following forms must be completed by the customer and provided to the HIFC Mutual Fund Advisor by May 1, 2018: (i) This 2018 Extended Winter HIFC Bonus Offer Form and one of the following, as applicable: the HIFC Transfer Authorization RRSP/TFSA/RRIF form ( / required to transfer funds from an RRSP, RRIF or TFSA account held at another financial institution) the HIFC Authorization to Transfer Non-Registered Account form ( / required for a nonregistered transfer-in) the HSBC Mutual Funds or World Selection Portfolio Transaction form (required for making a new contribution from a deposit account held at another financial institution). OTHER CONDITIONS 1. The Bonus Amount will be determined by the Transfer In Amount in accordance with Table 1 on page one of this form. 2. One Bonus Amount will be paid per account type of the Bonus Eligible Accounts provided all other Terms and Conditions are met. An account type is an RRSP, Spousal RRSP, Locked-in RRSP, Non-Registered, TFSA, RIF, or Spousal RIF account. Transfer In Amounts in both USD and CAD will be added together to determine the CAD equivalent Bonus Amount per account type. For clarity, if a customer has/opens more than one non-registered HSBC MF Account and/or non-registered HSBC WSP Account, only one Bonus Amount will paid for the total sum of all Transfer In Amounts (USD and CAD funds) across all non-registered Bonus Eligible Accounts held by the customer E_ /6

4 For example, the customer transfers in non-registered funds from another financial institution and invests across three separate accounts as follows: HSBC Mutual Funds Non-Registered Account 1 - $25,000 CAD HSBC Mutual Funds Non-Registered Account 2 - $50,000 USD HSBC WSP Non-Registered Account 3 - $50,000 CAD The Bonus Amount paid for the three non-registered type accounts will be as indicated in Table 1 maximum $1200 bonus for transfers of $100,000 and above. 3. The maximum Bonus Amount is $1200 CAD per Bonus Eligible Account type (described above) based on a Transfer In Amount equal to $100,000 CAD or greater into one or more Bonus Eligible Accounts of the same type. 4. Each Bonus Eligible Account must be open during the Offer Period up to and including the date that HIFC pays the Bonus Amount. 5. This offer does not apply to (i) other registered investment accounts with HIFC, such as RESPs and (ii) any accounts with HSBC Bank Canada or any of its other subsidiaries, including HSBC Invest Direct, a division of HSBC Securities (Canada) Inc. 6. If all or part of the Transfer In Amount is from another RRSP, TFSA, RRIF, non-registered or deposit account at HSBC Bank Canada or any of its subsidiaries or affiliates, it does not qualify for the Bonus Offer subject to the following exception. The Bonus Offer is only available if all of the Transfer In Amount is from financial institutions which are not HSBC or any of its subsidiaries or affiliates, unless: some or all of the Transfer In Amount is from an HSBC Bank Canada deposit account or a matured registered or non-registered HSBC Bank Canada term deposit/gic account (the HSBC Bank Accounts ) held by the same customer applying for this Bonus Offer, and during the period of January 1 to May 31, 2018, such customer transferred in funds to the HSBC Bank Accounts from another financial institution which is not HSBC or any of its subsidiaries or affiliates. 7. There may be tax implications in connection with the Bonus Amount. Generally, no tax slip will be issued for the Bonus Amount. 8. Neither HIFC, HSBC Bank Canada nor any member of the HSBC Group provides tax advice. Customers should consult with their own tax advisors about their own tax situation before taking any decision or authorizing any transactions. The customer is responsible for fulfilling their tax obligations in any jurisdiction, even if those obligations relate to opening or using accounts and services offered or provided by HIFC, HSBC Bank Canada or members of HSBC Group. HSBC Group means HSBC Holdings plc, its affiliates, subsidiaries, associated entities, and their branches and offices, together or individually. 9. Customers are solely responsible for determining whether any contribution to their TFSA, RRSP or other registered plan account is within their contribution limits. 10. All terms and conditions applicable to the account held with HIFC are not amended by these Terms and Conditions and continue to apply during and after the Offer Period. If there is an inconsistency, then the terms of your account agreement with HIFC will take priority. 11. This Offer cannot be combined with any other HIFC transfer-in bonus offer, for the same Transfer In Amount. 12. If the customer has transferred funds from any other financial institution(s) and used those funds to qualify for this Bonus Offer, HIFC may reimburse the customer for the transfer fees charged by the other financial institution up to a maximum of $200 CAD (the Reimbursement Amount ). The customer will need to provide proof to HIFC of all charges applied by the other financial institution(s) and the form of the proof will need to be acceptable by HIFC. HIFC will pay the Reimbursement Amount as soon as reasonably practicable once HIFC has received acceptable proof. For HSBC MF Accounts, the Reimbursement Amount will be used to purchase units of HSBC Mutual Funds in the customer s account in accordance with the customer s instructions obtained in a HIFC transaction form for the payment. For HSBC WSP Accounts, the Reimbursement Amount will be invested in accordance with the customer s model portfolio for the account E_ /6

5 13. The Terms and Conditions of this Bonus Offer are subject to the sole discretion of HIFC and may be changed at any time by HIFC without advance notice to customers. This Bonus Offer may be cancelled at any time at the sole discretion of HIFC without advance notice. In the event of a cancellation, only fully completed 2018 Extended Winter HIFC Bonus Offer Forms with Transfer-In Amounts arriving within 31 calendar days from the cancellation date will be eligible for the Bonus Offer. PAYMENT OF BONUS AMOUNT If all the above Terms and Conditions are satisfied for each Bonus Eligible Account, HIFC will pay one Bonus Amount per Bonus Eligible Account type (as described under the Other Conditions above) on or before Monday, July 2, 2019 by automatically investing it in each applicable Bonus Eligible Account as follows: i. For HSBC MF Accounts, the Bonus Amount will be used to purchase units of the HSBC Canadian Money Market Fund (Investor Series or Premium Series, as applicable) or the HSBC U.S. Dollar Money Market Fund (Investor Series or Premium Series, as applicable) depending on the currency of the Transfer In Amount to be held in the Bonus Eligible Account, and subject to (ii) below. ii. For HSBC MF Accounts, if the currency of the Transfer In Amount is a combination of both CAD and USD, the Bonus Amount will be used to purchase units of the HSBC Canadian Money Market Fund (Investor Series or Premium Series, as applicable). iii. For HSBC WSP Accounts, the Bonus Amount will be invested in accordance with the customer s model portfolio for the account. In the case of customers with more than one Bonus Eligible Account of the same type: If all Bonus Eligible Accounts of the same type are HSBC MF Accounts (CAD or USD), HIFC has the sole discretion to determine the applicable Bonus Eligible Account in which to pay the Bonus Amount in accordance with (i) and (ii) above If the Bonus Eligible Accounts of the same type are comprised of HSBC MF Accounts and HSBC WSP Accounts, payment of the Bonus Amount will be to the applicable HSBC WSP Account in accordance with (iii) above. DECLARATIONS AND AGREEMENT For this part, you or your means each account holder named below and us, we or our means HSBC Investment Funds (Canada) Inc. By signing below, you make the following declarations: i) You have received, read, understand and agree to these Terms and Conditions of the Bonus Offer as set out in this document; ii) If we determine a Bonus Amount is to be paid, you instruct and authorize us to invest the Bonus Amount in accordance with the terms explained in the Payment of Bonus Amount section above; and iii) If the Bonus Amount payment is for an HSBC MF Account, we are required by securities regulations to deliver to you the Fund Facts document for the HSBC Canadian Money Market Fund (Investor Series or Premium Series, as applicable) or the HSBC U.S. Dollar Money Market Fund (Investor Series or Premium Series, as applicable) if (i) this is your initial purchase of that fund or (ii) a subsequent purchase of that fund but you have not received the current Fund Facts document for that fund. If this applies to you, you confirm that we have delivered to you, by or in person, the applicable Fund Facts document(s). You further confirm that you have received, read and understand each Fund Facts document(s) delivered to you E_ /6

6 Sole Account Holders: Joint Account Holders: Commercial Joint Account Holders: MFA Name Branch HSBC Investment Funds (Canada) Inc. ( HIFC) is a direct subsidiary of HSBC Global Asset Management (Canada) Limited ( AMCA ) and an indirect subsidiary of HSBC Bank Canada, and provides its services in all provinces of Canada except Prince Edward Island. AMCA is a wholly owned subsidiary of, but separate entity from, HSBC Bank Canada and provides its services in all provinces of Canada except Prince Edward Island. AMCA is the manager and primary investment advisor for the HSBC Mutual Funds. HIFC is the principal distributor of the HSBC Mutual Funds. HSBC Mutual Funds are also distributed through authorized dealers. Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Please read the prospectus, Fund Facts, and other disclosure documents before investing. Mutual funds are not guaranteed or covered by the Canada Deposit Insurance Corporation, HSBC Bank Canada, or any other deposit insurer or financial institution. The net asset values of all mutual funds, including the HSBC Mutual Funds, may change frequently and any past performance may not be repeated. For money market funds, there can be no assurances that such funds will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. HSBC World Selection Portfolio is a portfolio investment service offered by HIFC. In this service, a client s assets are invested in model portfolios. Each model portfolio is comprised of investments in HSBC Pooled Funds, which are mutual funds managed by AMCA and distributed by HIFC. AMCA provides discretionary investment management services to the portfolios in the HSBC World Selection Portfolio service. Commissions, trailing commissions, management fees, investment management fees and expenses all may be associated with investments in the HSBC Pooled Funds and/or the HSBC World Selection Portfolio service. Please read the applicable account opening documentation associated with HSBC World Selection Portfolio, the prospectus, Fund Facts, and other disclosure documents of the HSBC Pooled Funds in which investment may be made under HSBC World Selection Portfolio service before applying for the HSBC World Selection Portfolio service. The HSBC World Selection Portfolio service and the HSBC Pooled Funds are not guaranteed or covered by the Canada Deposit Insurance Corporation, HSBC Bank Canada, or any other deposit insurer or financial institution. For money market funds, there can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. The net asset values of all mutual funds, including the HSBC Pooled Funds, may change frequently and any past performance may not be repeated. World Selection is a registered trade-mark of HSBC Bank Canada HSBC Wealth Compass is a trade-mark of HSBC Group used under license by HIFC E_ /6