"Private Banking Customers’" Wealth Management Instrument - Product Overview
Private Banking Customers’ Wealth Management Instrument* is a set of fixed terms product series which are presented by the net asset values. The investment target of the product is to seek to produce a competitive total return in different market conditions. Investment manager acts as an institutional investor to seek investment opportunities actively and to achieve the target of investment from European Union, Singapore, China (including Hong Kong) and other zones, according to investment guideline as well as investing in all kinds of public funds and/ or collective investment schemes (“Related investment schemes”) and other relevant assets to formulate a variety of investment portfolio. Meanwhile, the investment manager may invest in CDs, short term bonds, etc. of high liquid asset and/or money market instruments, on the basis of allocating of market opportunities and cash management demands flexibly. The allocation to the underlying collective investment schemes will be continually monitored and reviewed and changes will be made to ensure that the product’s objective can be achieved. “PB – Serial 01” and “PB – Serial 02” products of PB Product Series are proposed for the investors who are professional investors, as defined by the Monetary Authority of Macao (AMCM). The A Class of “PB – Serial 05” product is proposed for the Private Banking Customers who are corporate investors or non-professional investors of our private banking customers, and the B Class of “PB – Serial 05” product is proposed for the institutional professional investors.
*For more details, please refer to "Private Banking Customers" Wealth Management Instruments Product Memorandum ("Sales Document") which contains detailed information on this financial product’s terms and conditions.
"Private Banking Customers" Wealth Management Instruments Product Series are providing “PB – Serial 01”,“PB – Serial 02”and“PB – Serial 05” products, and the investment scopes are as follows (for more details, please refer to "Private Banking Customers" Wealth Management Instruments Product Memorandum and Term Sheet) :
“PB – Serial 01”Wealth Management Instruments
The investment scope of “PB – Serial 01” Wealth Management Instruments portfolio:
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Asset classification
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Investment Scope
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Percentage
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Highly liquid assets
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Term Deposit, Inter-Bank Deposit, Certificate of Deposit
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0%-100%
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"T + 0 Series" Serial 1 Wealth Management Instruments
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Related collective investment schemes
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ICBC Private Banking Global Investment Fund Series SICAV-SIF) ^
ICBC China Focus Stable Return Fund
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0%-100%
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“PB – Serial 02”Wealth Management Instruments
The investment scope of “PB - Serial 02” Wealth Management Instruments portfolio:
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Asset classification
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Investment Scope
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Percentage
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Highly liquid assets
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Term Deposit, Inter-Bank Deposit, Certificate of Deposit
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0%-100%
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"T + 0 Series" Serial 1 Wealth Management Instruments
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Related collective investment schemes
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ICBC Private Banking Global Investment Fund Series SICAV-SIF) ^
ICBC Enhanced Global Dynamic Fund
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0%-100%
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Note: ICBC Private Banking Global Investment Fund Series - SICAV-SIF are launched according to the law of Luxembourg. And the Alternative Investment Fund Manager is FundRock Management Company S.A. ICBC (Asia) Investment Management Company Limited is the investment manager and the custodian is Brown Brothers Harriman (Luxembourg) S.C.A. which has license in Luxembourg.
“PB – Serial 05”Wealth Management Instruments
The investment scope of “PB – Serial 05” Wealth Management Instruments portfolio:
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Asset classification
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Investment Scope
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Percentage
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Highly liquid assets
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Term Deposit, Inter-Bank Deposit, Certificate of Deposit
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0%-100%
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"T + 0 Series" Serial 1 Wealth Management Instruments
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Related collective investment schemes
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ICBC Macau Private Banking (USD Bond Portfolio Investment Strategy (I) )*
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0%-100%
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Note(*): ICBC Macau Private Banking (USD Bond Portfolio Investment Strategy (I) ) - ICBC Macau Asset Management Department Dealing Team is the investment manager and ICBCI International Securities Limited (A SFC-registered constitution in Hong Kong) is the prime broker, and the custodian is ICBC Macau Custody Service Department which provides custody service for this Bond Portfolio with a segregated account.
Risk Disclosure
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-This product is not bank deposit and is not protected by the Macao Deposit Protection Scheme.
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-Under the most adverse circumstances (especially when issuers and guarantors experience difficulty in repayment or in liquidation, which may be possible but not necessarily to happen), investors may be unable to obtain any return and may face losses for the entire amount of principal. Please read carefully the disclosure of risk factors in the Product Memorandum and Term Sheets and the related documents and make investment decisions based on your own independent judgment.
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-This Product Overview mainly introduces the main features and the major risks for “Private Banking Customers Wealth Management Instrument”. The "Sales Document" contains detailed information on this financial product’s terms and conditions and the risks.
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-Investment involves risks. Please read all the sales documents before you make any investment decisions.
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-All information on this website is for reference only and does not constitute any offer, invitation or recommendation to any person to enter into any investment transaction. You are the one who make the investment decision.
If any enquiry for interested parties, please contact product services hotline: 8899 5588 or contact our Customer Service Officer.
In the event of any discrepancy between the Chinese version and the English version of Product Overview displayed on the website, the Chinese version shall prevail.
The material which can be downloaded in the site may be updated from time to time. If there is any query, please contact client manager for more information.