Transcription
investment-linked insurancepavo investmentinsurance planorion II investmentinsurance planinvestment options leaflet
The respective Principal Brochures of Pavo Investment Insurance Plan (“Pavo”) and Orion II InvestmentInsurance Plan (“Orion II”) consist of the Product Brochure, this Investment Options Leaflet and the ProductKey Facts Statement. This Investment Options Leaflet is issued and should be read in conjunction with theProduct Brochure and the Product Key Facts Statement of the relevant plan.Investment Risks that may be relevant to your investmentInvestment involves risks, including fluctuation of market price of investment. Past performance is not indicative of future performance. It is important for you to know your risk tolerance leveland the level of risks associated with your investment before making any investment decisions.The investment options available under Pavo or Orion II (whichever is applicable) can have very different features and risk profiles. Some may be of high risk. You are strongly recommended toread the offering documents of the respective reference funds carefully for the risks associated with the investment. Copies of the offering documents of the reference funds are made availableby AXA China Region Insurance Company (Bermuda) Limited (the “Company”).In general, the performance of investment options will be affected by a number of risk factors:Market RiskThe fund price of reference fund may fluctuate as a result of a variety of changes in the market and the economy, including but not limited to changes in interest rates, exchange rate, creditrating of the issuer or guarantor, inflation (including actual and outlook) and a general decline in the investment market as a whole.Counterparty RiskInvestment may be subject to the credit risk and default risk of the issuer or guarantor.Liquidity RiskThe reference fund may invest in instruments where the volume of transactions may fluctuate significantly depending on market sentiment. There is a risk that investments made by thereference fund may become less liquid in response to market developments or adverse investor perceptions.Currency RiskThe reference fund that holds assets denominated in non-local currency is subject to the risk of exchange rate fluctuation.1
List of investment options available under Pavo and Orion IIYou should read the offering documents (including the product key facts statements) of the reference funds, which are available from the Companyupon request, for details of the reference funds (including, without limitation, their investment objectives and policies, risk factors and charges).The investment performance of an investment option is calculated by reference to the investment performance of the relevant reference fund(s). You should refer tothe product brochure of Pavo or Orion II (whichever is applicable) for the fees and charges of the relevant plan.CategoryName of investment optionCode(Pavo / Orion II)Name of correspondingreference fundName of managementcompany of reference fund1Short-term Bondand Money MarketAmundi Funds - Cash USD37DCASH /17DCASHAmundi Funds - Cash USDAmundi Luxembourg S.A.2Short-term Bondand Money MarketBlackRock Global Funds - Euro ShortDuration Bond Fund*37MMESD /17MMESDBlackRock Global Funds - Euro ShortDuration Bond Fund3Short-term Bondand Money MarketFidelity Funds - Euro Cash Fund37FIEUC /17FIEUC4Short-term Bondand Money MarketFidelity Funds - US Dollar Cash Fund5Fixed Income Global6Currency ofShare classof reference investment option /reference fundfundA2(C)USDBlackRock (Luxembourg) S.A.A2EURFidelity Funds - Euro Cash FundFIL Investment Management(Luxembourg) S.A.A - AccEUR37FUSCA /17FUSCAFidelity Funds - US Dollar Cash FundFIL Investment Management(Luxembourg) S.A.A - AccUSDArchitas Flexible Bond37AHFBD /17AHFBDArchitas Multi-Manager Global ManagedFunds Unit Trust - Architas Flexible BondArchitas Multi-Manager EuropeLimitedRUSDFixed Income GlobalTempleton Global Bond Fund37TPGBL /17TPGBLFranklin Templeton Investment Funds Templeton Global Bond FundFranklin Templeton InternationalServices S.à r.l.A (Acc)USD7Fixed Income GlobalTempleton Global Total Return Fund*37TPGRA /17TPGRAFranklin Templeton Investment Funds Templeton Global Total Return FundFranklin Templeton InternationalServices S.à r.l.A (Acc)USD8Fixed Income GlobalThe Jupiter Global Fund - Jupiter DynamicBond37JUJDB /17JUJDBThe Jupiter Global Fund - Jupiter DynamicBondJupiter Asset ManagementInternational S.A.L EUR AccEUR9Fixed Income - USDAB FCP I - American Income Portfolio37AFAIA /17AFAIAAB FCP I - American Income PortfolioAllianceBernstein (Luxembourg)S.à r.l.A2USD10Fixed Income - USDFidelity Funds - US Dollar Bond Fund37FIUSB /17FIUSBFidelity Funds - US Dollar Bond FundFIL Investment Management(Luxembourg) S.A.AUSD11Fixed Income - USDPineBridge Global Funds - PineBridgeGlobal Strategic Income Fund37NSTBO /17NSTBOPineBridge Global Funds - PineBridgeGlobal Strategic Income FundPineBridge Investments IrelandLimitedAUSD2
CategoryName of investment optionCode(Pavo / Orion II)Name of correspondingreference fundName of managementcompany of reference fundCurrency ofShare classof reference investment option /reference fundfund12Fixed Income - EURSchroder International Selection Fund Euro Bond*37SIEBD /17SIEBDSchroder International Selection Fund EURO BondSchroder Investment Management(Europe) S.A.A - AccEUR13Fixed Income - HKDPrincipal Life Style Fund - PrincipalHong Kong Bond Fund37RHKBO /17RHKBOPrincipal Life Style Fund - PrincipalHong Kong Bond FundPrincipal Asset ManagementCompany (Asia) LimitedRetailHKD14Fixed Income Inflation-LinkedSchroder International Selection Fund Global Inflation Linked Bond*37SCIIA /17SCIIASchroder International Selection Fund Global Inflation Linked BondSchroder Investment Management(Europe) S.A.A - AccEUR15Fixed Income High YieldAB FCP I - Global High Yield Portfolio37AFHYA /17AFHYAAB FCP I - Global High Yield PortfolioAllianceBernstein (Luxembourg)S.à r.l.A2USD16Fixed Income High YieldAB SICAV I - Euro High Yield Portfolio37AFEHY /17AFEHYAB SICAV I - Euro High Yield PortfolioAllianceBernstein (Luxembourg)S.à r.l.A2EUR17Fixed Income High YieldAmundi Funds - Euro High Yield Bond37DBEHY /17DBEHYAmundi Funds - Euro High Yield BondAmundi Luxembourg S.A.A2(C)EUR18Fixed Income High YieldFidelity Funds - Asian High Yield Fund (1)37FAHYU /17FAHYUFidelity Funds - Asian High Yield FundFIL Investment Management(Luxembourg) S.A.A - AccUSD19Fixed Income High YieldJPMorgan Investment Funds - GlobalHigh Yield Bond Fund37JFGHY /17JFGHYJPMorgan Investment Funds - GlobalHigh Yield Bond FundJPMorgan Asset Management(Europe) S.à r.l.A (acc)USD20Fixed Income High YieldUBS (Lux) Bond Fund - Euro High Yield(EUR)37UEHYI /17UEHYIUBS (Lux) Bond Fund - Euro High Yield(EUR)UBS Fund Management(Luxembourg) S.A.P-accEUR21Fixed Income Global EmergingMarketsAberdeen Standard SICAV I - SelectEmerging Markets Bond Fund37EGSEM /17EGSEMAberdeen Standard SICAV I - SelectEmerging Markets Bond FundAberdeen Standard InvestmentsLuxembourg S.A.A - AccUSD22Fixed Income Global EmergingMarketsJPMorgan Funds - Emerging MarketsDebt Fund37JFEMD /17JFEMDJPMorgan Funds - Emerging MarketsDebt FundJPMorgan Asset Management(Europe) S.à r.l.A (acc)USD23Fixed Income Global EmergingMarketsPictet - Global Emerging Debt*37PGEDU /17PGEDUPictet - Global Emerging DebtPictet Asset Management (Europe)S.A.P USDUSD3
CategoryName of investment optionCode(Pavo / Orion II)Name of correspondingreference fundName of managementcompany of reference fund24Fixed Income Global EmergingMarketsSchroder International Selection Fund Emerging Markets Debt Absolute Return37SCIMD /17SCIMDSchroder International Selection Fund Emerging Markets Debt Absolute ReturnSchroder Investment Management(Europe) S.A.25Fixed Income - AsiaBlackRock Global Funds - Asian TigerBond Fund37MMAT2 /17MMAT2BlackRock Global Funds - Asian TigerBond FundBlackRock (Luxembourg) S.A.26Fixed Income - AsiaLegg Mason Western Asset AsianOpportunities Fund37LMAOP /17LMAOPLegg Mason Global Funds Plc - LeggMason Western Asset Asian OpportunitiesFund27Fixed Income - AsiaSchroder International Selection Fund Asian Bond Total Return37SCIAF /17SCIAF28Fixed Income OthersFranklin Floating Rate Fund plc29Fixed Income Others30Currency ofShare classof reference investment option /reference fundfundA - AccUSDA2USDLegg Mason Investments (Ireland)LimitedA - AccUSDSchroder International Selection Fund Asian Bond Total ReturnSchroder Investment Management(Europe) S.A.A - AccUSD37TPFRA /17TPFRAFranklin Floating Rate Fund plcFranklin Templeton InternationalServices S.à r.l.A (Acc)USDPictet - Latin American Local CurrencyDebt*37PLALC /17PLALCPictet - Latin American Local CurrencyDebtPictet Asset Management (Europe)S.A.P USDUSDFixed Income OthersPrincipal Global Investors Funds Preferred Securities Fund37RGPSA /17RGPSAPrincipal Global Investors Funds Preferred Securities FundPrincipal Global Investors (Ireland)LimitedA AccUSD31Mixed Asset GlobalAmundi Global Dynamic AllocationProtect 90 Fund (USD) (2)37DHGDP /17DHGDPAmundi HK Guarantee Series - AmundiGlobal Dynamic Allocation Protect 90 Fund(USD)Amundi Hong Kong LimitedClassicUSD32Mixed Asset GlobalArchitas Multi-Asset Balanced37AHMAB /17AHMABArchitas Multi-Manager Global ManagedFunds Unit Trust - Architas Multi-AssetBalancedArchitas Multi-Manager EuropeLimitedRUSD33Mixed Asset GlobalBlackRock Global Funds - GlobalAllocation Fund37MMMGA /17MMMGABlackRock Global Funds - GlobalAllocation FundBlackRock (Luxembourg) S.A.A2USD34Mixed Asset GlobalSchroder International Selection Fund Global Multi-Asset Income37SGMAI /17SGMAISchroder International Selection Fund Global Multi-Asset IncomeSchroder Investment Management(Europe) S.A.A - AccUSD35Mixed Asset - AsiaBarings Asia Balanced Fund37BABAF /17BABAFBarings Global Opportunities UmbrellaFund - Barings Asia Balanced FundBaring International FundManagers (Ireland) LimitedA AccUSD4
CategoryName of investment optionCode(Pavo / Orion II)Name of correspondingreference fundName of managementcompany of reference fundCurrency ofShare classof reference investment option /reference fundfund36Mixed Asset - AsiaInvesco Asia Asset Allocation Fund37IABAL /17IABALInvesco Funds, SICAV - Invesco Asia AssetAllocation FundInvesco Management S.A.A - AccUSD37Mixed Asset - AsiaJPMorgan Funds - Asia Pacific IncomeFund37JFAPI /17JFAPIJPMorgan Funds - Asia Pacific IncomeFundJPMorgan Asset Management(Europe) S.à r.l.A (acc)USD38Mixed Asset Emerging MarketsUBS (Lux) Key Selection SICAV Emerging Markets Income (USD)*37UEMIN /17UEMINUBS (Lux) Key Selection SICAV Emerging Markets Income (USD)UBS Fund Management(Luxembourg) S.A.P-accUSD39Mixed Asset - USJanus Henderson Balanced Fund37JBLA1 /17JBLA1Janus Henderson Capital Funds plc Janus Henderson Balanced FundHenderson Management, S.A.A2USD40Equity - GlobalAB SICAV I - Low Volatility Equity Portfolio37AFLVE /17AFLVEAB SICAV I - Low Volatility Equity PortfolioAllianceBernstein (Luxembourg)S.à r.l.AUSD41Equity - GlobalAB SICAV I - Sustainable Global ThematicPortfolio37AFGGA /17AFGGAAB SICAV I - Sustainable Global ThematicPortfolioAllianceBernstein (Luxembourg)S.à r.l.AXUSD42Equity - GlobalAberdeen Standard SICAV I - WorldEquity Fund37EGWEQ /17EGWEQAberdeen Standard SICAV I - WorldEquity FundAberdeen Standard InvestmentsLuxembourg S.A.A - AccUSD43Equity - GlobalArchitas Flexible Equity37AHFEQ /17AHFEQArchitas Multi-Manager Global ManagedFunds Unit Trust - Architas Flexible EquityArchitas Multi-Manager EuropeLimitedRUSD44Equity - GlobalBlackRock Global Funds - Global DynamicEquity Fund37MMDEU /17MMDEUBlackRock Global Funds - Global DynamicEquity FundBlackRock (Luxembourg) S.A.A2USD45Equity - GlobalFidelity Funds - International Fund37FINTF /17FINTFFidelity Funds - International FundFIL Investment Management(Luxembourg) S.A.A - AccUSD46Equity - GlobalNinety One Global Strategy Fund - GlobalFranchise Fund37VGFRA /17VGFRANinety One Global Strategy Fund - GlobalFranchise FundNinety One Luxembourg S.A.A AccUSD47Equity - GlobalNinety One Global Strategy Fund - GlobalStrategic Equity Fund37VGSEQ /17VGSEQNinety One Global Strategy Fund - GlobalStrategic Equity FundNinety One Luxembourg S.A.A AccUSD5
CategoryName of investment optionCode(Pavo / Orion II)Name of correspondingreference fundName of managementcompany of reference fundCurrency ofShare classof reference investment option /reference fundfund48Equity - GlobalPictet - Global Megatrend Selection37PGMES /17PGMESPictet - Global Megatrend SelectionPictet Asset Management (Europe)S.A.P USDUSD49Equity - GlobalSmall-MidTempleton Global Smaller CompaniesFund37TPSCF /17TPSCFFranklin Templeton Investment Funds Templeton Global Smaller CompaniesFundFranklin Templeton InternationalServices S.à r.l.A (Acc)USD50Equity - EuropeBlackRock Global Funds - Euro-MarketsFund37MMMMU /17MMMMUBlackRock Global Funds - Euro-MarketsFundBlackRock (Luxembourg) S.A.A2USD51Equity - EuropeBlackRock Global Funds - EuropeanFund37MMEUF /17MMEUFBlackRock Global Funds - EuropeanFundBlackRock (Luxembourg) S.A.A2EUR52Equity - EuropeFidelity Funds - European DynamicGrowth Fund37FEDYG /17FEDYGFidelity Funds - European DynamicGrowth FundFIL Investment Management(Luxembourg) S.A.AEUR53Equity - EuropeFidelity Funds - European Growth Fund37FIEUM /17FIEUMFidelity Funds - European Growth FundFIL Investment Management(Luxembourg) S.A.AEUR54Equity - EuropeFranklin Mutual European Fund37TPEUA /17TPEUAFranklin Templeton Investment Funds Franklin Mutual European FundFranklin Templeton InternationalServices S.à r.l.A (Acc)USD55Equity - EuropeSchroder International Selection Fund Euro Equity37SEURE /17SEURESchroder International Selection Fund Euro EquitySchroder Investment Management(Europe) S.A.A - AccEUR56Equity - EuropeSmall-MidFranklin European Small-Mid Cap Fund37TPESC /17TPESCFranklin Templeton Investment Funds Franklin European Small-Mid Cap FundFranklin Templeton InternationalServices S.à r.l.A (Acc)USD57Equity - EuropeSmall-MidJanus Henderson Horizon Fund - PanEuropean Smaller Companies Fund37HHPES /17HHPESJanus Henderson Horizon Fund - PanEuropean Smaller Companies FundHenderson Management S.A.A2EUR58Equity - USFidelity Funds - America Fund37FIAM2 /17FIAM2Fidelity Funds - America FundFIL Investment Management(Luxembourg) S.A.AUSD59Equity - USFranklin Select U.S. Equity Fund37TPUEA /17TPUEAFranklin Templeton Investment Funds Franklin Select U.S. Equity FundFranklin Templeton InternationalServices S.à r.l.A (Acc)USD6
CategoryName of investment optionCode(Pavo / Orion II)Name of correspondingreference fundName of managementcompany of reference fund60Equity - USFranklin U.S. Opportunities Fund37TPUSO /17TPUSOFranklin Templeton Investment Funds Franklin U.S. Opportunities FundFranklin Templeton InternationalServices S.à r.l.61Equity - USLegg Mason ClearBridge US AggressiveGrowth Fund37LMCBU /17LMCBULegg Mason Global Funds Plc - LeggMason ClearBridge US Aggressive GrowthFund62Equity - USUBS (Lux) Equity SICAV - USA Growth(USD)37UUSAG /17UUSAG63Equity - USSmall-MidAB SICAV I - US Small and Mid-CapPortfolio64Equity - USSmall-Mid65Currency ofShare classof reference investment option /reference fundfundA (Acc)USDLegg Mason Investments (Ireland)LimitedA AccUSDUBS (Lux) Equity SICAV - USA Growth (USD)UBS Fund Management(Luxembourg) S.A.P-accUSD37AFUSM /17AFUSMAB SICAV I - US Small and Mid-CapPortfolioAllianceBernstein (Luxembourg)S.à r.l.AUSDLegg Mason Royce US Small CapOpportunity Fund37LMRUS /17LMRUSLegg Mason Global Funds Plc - LeggMason Royce US Small Cap OpportunityFundLegg Mason Investments (Ireland)LimitedA AccUSDEquity - USSmall-MidSchroder International Selection Fund US Small & Mid-Cap Equity37SCIUS /17SCIUSSchroder International Selection Fund US Small & Mid-Cap EquitySchroder Investment Management(Europe) S.A.A - AccUSD66Equity - JapanJanus Henderson Horizon Fund - JapanOpportunities Fund37HHJAP /17HHJAPJanus Henderson Horizon Fund - JapanOpportunities FundHenderson Management S.A.A2USD67Equity - JapanJPMorgan Japan (Yen) Fund37JFJUS /17JFJUSJPMorgan Japan (Yen) FundJPMorgan Funds (Asia) Limited(acc) - USD(hedged)USD68Equity - JapanSchroder International Selection Fund Japanese Equity37SJAEQ /17SJAEQSchroder International Selection Fund Japanese EquitySchroder Investment Management(Europe) S.A.A USDHedgedAccUSD69Equity - GlobalEmerging MarketsAB FCP I - Emerging Markets GrowthPortfolio37AFRMA /17AFRMAAB FCP I - Emerging Markets GrowthPortfolioAllianceBernstein (Luxembourg)S.à r.l.AUSD70Equity - GlobalEmerging MarketsAmundi Funds - Emerging MarketsEquity Focus37DEEID /17DEEIDAmundi Funds - Emerging MarketsEquity FocusAmundi Luxembourg S.A.A2(C)USD71Equity - GlobalEmerging MarketsBarings Global Emerging Markets Fund37BGEMF /17BGEMFBarings Emerging Markets Umbrella Fund Barings Global Emerging Markets FundBaring International FundManagers (Ireland) LimitedA IncUSD7
CategoryName of investment optionCode(Pavo / Orion II)Name of correspondingreference fundName of managementcompany of reference fundCurrency ofShare classof reference investment option /reference fundfund72Equity - GlobalEmerging MarketsJPMorgan Funds - Emerging MarketsOpportunities Fund37JFEMO /17JFEMOJPMorgan Funds - Emerging MarketsOpportunities FundJPMorgan Asset Management(Europe) S.à r.l.A (acc)USD73Equity - GlobalEmerging MarketsSchroder International Selection Fund Global Emerging Market Opportunities37SIGMA /17SIGMASchroder International Selection Fund Global Emerging Market OpportunitiesSchroder Investment Management(Europe) S.A.A - AccUSD74Equity - GlobalEmerging MarketsTempleton Frontier Markets Fund37TPFMU /17TPFMUFranklin Templeton Investment Funds Templeton Frontier Markets FundFranklin Templeton InternationalServices S.à r.l.A (Acc)USD75Equity - GlobalEmerging MarketsUBS (Lux) Equity SICAV - GlobalEmerging Markets Opportunity (USD)37UEGEM/17UEGEMUBS (Lux) Equity SICAV - GlobalEmerging Markets Opportunity (USD)UBS Fund Management(Luxembourg) S.A.P-accUSD76Equity - Africa &Middle EastFranklin MENA Fund37TPMUA /17TPMUAFranklin Templeton Investment Funds Franklin MENA FundFranklin Templeton InternationalServices S.à r.l.A (Acc)USD77Equity - BRICSchroder International Selection Fund BRIC (Brazil, Russia, India, China)37SBRIC /17SBRICSchroder International Selection Fund BRIC (Brazil, Russia, India, China)Schroder Investment Management(Europe) S.A.A - AccUSD78Equity - EMEAFidelity Funds - Emerging Europe,Middle East and Africa Fund37FEEUA /17FEEUAFidelity Funds - Emerging Europe,Middle East and Africa FundFIL Investment Management(Luxembourg) S.A.A - AccUSD79Equity - EmergingEuropeBarings Eastern Europe Fund37BEAUU /17BEAUUBarings Global Umbrella Fund - BaringsEastern Europe FundBaring International FundManagers (Ireland) LimitedA IncUSD80Equity - EmergingEuropeSchroder International Selection Fund Emerging Europe37SEMEU /17SEMEUSchroder International Selection Fund Emerging EuropeSchroder Investment Management(Europe) S.A.A - AccEUR81Equity - LatinAmericaAmundi Funds - Latin America Equity37DEQLA /17DEQLAAmundi Funds - Latin America EquityAmundi Luxembourg S.A.A2(C)USD82Equity - LatinAmericaBlackRock Global Funds - Latin AmericanFund37MMMLA /17MMMLABlackRock Global Funds - Latin AmericanFundBlackRock (Luxembourg) S.A.A2USD83Equity - LatinAmericaPineBridge Global Funds - PineBridgeLatin America Equity Fund37NLAEF /17NLAEFPineBridge Global Funds - PineBridgeLatin America Equity FundPineBridge Investments IrelandLimitedAUSD8
CategoryName of investment optionCode(Pavo / Orion II)Name of correspondingreference fundName of managementcompany of reference fund84Equity - ASEANBarings ASEAN Frontiers Fund37BPACF /17BPACFBarings International Umbrella Fund Barings ASEAN Frontiers FundBaring International FundManagers (Ireland) Limited85Equity - ASEANFidelity Funds - ASEAN Fund37FIASD /17FIASDFidelity Funds - ASEAN Fund86Equity - Asia PacificAberdeen Standard SICAV I - AsianSmaller Companies Fund37EGASC /17EGASC87Eq
reference fund may become less liquid in response to market developments or adverse investor perceptions. Currency Risk The reference fund that holds assets denominated in non-local currency is subject to the risk of exchange rate fluctuation. 1 The respective Principal Brochures of Pavo Investment
