Using myWealth

• Investing can be complex due to changing market conditions. You have your own personal circumstances, specific needs and investment objectives. You may also hold assets elsewhere. These factors, which can change from time to time, and your holdings held elsewhere have not been factored in by the service.
• Please do not execute trades on your own by simply relying on these investment ideas in isolation.
• Notwithstanding any discussion with your Relationship Manager, before deciding to proceed with any investment transaction, you should make an independent assessment about the risks, merits and appropriateness of each investment transaction, and seek independent professional advice.
• We are not providing portfolio monitoring services and are not obliged to review, manage or monitor the performance of your investment holdings.
• The products involved are not principal protected and you may lose all or part of your original investment amount. There are possible disadvantages from subscribing, selling or switching and the Bank makes no warranty on your decision to buy, sell or switch at any material time.
• SCB Chief Investment Office & Wealth Management Product specialists provide the following inputs which are used in myWealth algorithms namely 1. Model portfolios or model asset allocation 2. Bank’s House view on asset classes  3. Fund select list. These inputs are refreshed on monthly basis by Bank’s Investment and product specialists.

myWealth service limitations

• myWealth is a direct to client investment service. If you require human interaction, please contact your Relationship Manager for further engagement.
• The investment ideas generated through the myWealth service have taken into consideration your current risk profile, cash balances, investment funds, bonds, equities, structured investments and structured products holdings that you have held with the Bank.
• Your investment concentration, holdings in insurance, leverage or other loans with the Bank, and any other investment holdings, assets / liabilities outside the Bank are not considered in the myWealth service.
• Currently, myWealth only generates investment ideas on investment funds based on your current asset allocation and the model asset allocation under predefined rules.
• myWealth does not offer automatic portfolio rebalancing.
• The algorithms may include performance data and statistics that are derived based on historical data and methodologies formulated on various assumptions.
• Extreme events such as drastic market declines are not explicitly modelled.
• Prices and market values are for your information only and their accuracy is not guaranteed, and they may not be relied upon by any party as the basis for making any trading, hedging or investment decision. Prices including those of exchange traded securities are generally based upon the last traded price at close of market. Funds are valued based on the latest available net asset value. Where any price is provided, it represents an indicative market valuation only and as an estimated value may differ substantially from prices at which you may be able to sell a product and may not include redemption charges or other charges .

Risk Disclosure Statement for RMB Deposit Services

• Renminbi (“RMB”) exchange rate, like any other currency, is affected by a wide range of factors and is subject to fluctuations. Such fluctuations may result in gains and losses in the event that the client subsequently converts RMB to another currency (including Hong Kong dollars); and
• RMB is currently not freely convertible and conversion of RMB through banks in Hong Kong is subject to restrictions specified by the Bank and regulatory requirements applicable from time to time. The actual conversion arrangement will depend on the restrictions prevailing at the relevant time.

Foreign Exchange Risk Disclosure Statement

• Foreign Exchange involves risks. Fluctuation in the exchange rate of a foreign currency may result in gains or losses in the event that the client converts a time deposit from the foreign currency to HKD.

myWealth Risk Disclosure Statements

• Investment involves risks. The prices of investment products fluctuate, sometimes dramatically and the worst case may result in loss of your entire investment amount. Past performance is no guide to its future performance.
• Investors should read the terms and condit­ions contained in the relevant offering documents and in particular the investment polici­es and the risk factors and latest financi­al results informati­on carefully and are advised to seek independent professional advice before making any investment decis­ion.
• Investors should consider their own investment object­ives, investment experience, financi­al situati­on and risk tolerance level.

Notes:

This webpage does not constitute any prediction of likely future price movements. Investors should not make investment decisions based on this webpage alone. This webpage has not been reviewed by the Securities and Futures Commission or any regulatory authority in Hong Kong.