The investment objective of the PRULink Global Technology Fund (the “Fund”) is to maximise long-term total returns through investment in equities and equity-related securities of companies around the world with innovative products, processes or services. These investments include, but are not restricted to, those companies whose provision or use of technology give them a strategic advantage in the market.
|Launch Date||1 April 2001|
|Manager of the Fund||Eastspring Investments (Singapore) Limited (formerly known as Prudential Asset Management (Singapore) Limited)|
|Underlying Fund||Eastspring Investments Unit Trusts - Global Technology Fund|
|Benchmark||MSCI All Countries World Information Technology Index + Communication Services Index|
|CPFIS Risk Classification of Investment-linked Insurance Products||Higher Risk, Narrowly Focused|
|Subscription Method||CPFIS-OA, Cash and Supplementary Retirement Scheme (SRS)|
|Initial Investment Charge||5%* of premium invested|
|Continuing Investment Charge||1.5% per annum**|
* Please refer to the Product Summary for details of charges incurred on your insurance plan as charges may vary from product to product and may be lower than 5%.
** We reserve the right to vary the continuing investment charge and may increase it up to a maximum of 2% per annum, but we will not do so before giving investors 6 months’ written notice.
Note: Effective 2 September 2019 (the “Effective Date”), PRULink Global Technology Fund (the “Fund”) will cease to be included under the CPF Investment Scheme (“CPFIS”). As such, New subscriptions and top-ups into PRULink Global Technology Fund for CPF monies will cease effective from 1 July 2019. We will subsequently stop accepting fund switch-ins and premium redirection for CPF monies into the Fund with effect from 3 July 2019. Affected customers will receive a notification letter on the delisting of the Fund and the options available to them.
As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. Investments are subject to investment risks including the possible loss of the principal amount invested.
Past performances of the Fund, the Underlying Fund, Fund Manager and the Investment Manager are not necessarily indicative of future or likely performance of the Fund, the Underlying Fund, Fund Manager and the Investment Manager. A copy of the Fund Information Booklet and Product Highlights Sheet ("PHS") in relation to this Fund may be obtained from your Prudential Financial Consultant. You are advised to read the Fund Information Booklet and PHS before deciding whether to subscribe for units in this Fund.
The prediction, projections, or forecasts on the economy, securities markets or the economic trends of the markets targeted by the Fund are not necessarily indicative of the future or likely performance of the Fund. The value of the units in the Fund and any income accruing to the units, if any, may fall or rise.
You are recommended to seek advice from a qualified Prudential Financial Consultant for a financial analysis before purchasing a policy suitable to meet your needs. The information on this website is for reference only and not a contract of insurance. The exact terms and conditions, specific details and exclusions applicable to this insurance product are stated in the policy documents that can be obtained from a Prudential Financial Consultant.
The information contained on this website is intended to be valid in Singapore only and shall not be construed as an offer to sell or solicitation to buy or provision of any insurance product outside Singapore.
These policies are protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policies is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).
Information is correct as at 22 Aug 2019.
This advertisement has not been reviewed by the Monetary Authority of Singapore.