Investment Services

Risk Disclosure Statement for Investment Fund Services:

• Investment involves risks. The prices of units/ shares of unit trusts or mutual funds fluctuate, sometimes dramatically and the worst case may result in loss of your entire investment amount. It is as likely that losses will be incurred rather than profit made as a result of buying and selling unit trusts or mutual funds. Past performance of any Investment Fund is no guide to its future performance.
• Investors should carefully read the relevant offering documents and in particular the Terms & Conditions contained therein, the investment policies and the risk factors and latest financial results information. It is desirable that the Investor seeks independent financial advice with respect to any investment decision.
• Investors should ensure they fully understand the risks associated with unit trusts or mutual funds and should also consider their own investment objective, investment experience, financial situation and risk tolerance level before making any investment decision.

Risk Disclosure Statement for Securities Services:

• Investment involves risks. The prices of securities fluctuate, sometimes dramatically and the worst case may result in loss of your entire investment amount.
• Past performance of any securities is no guide to its future performance.

Important Notes of Online Securities Trading and SC Equities:

• Standard Chartered Bank (Hong Kong) Limited (“the Bank”)will not be liable for any loss or damage to you as a result of making the Online Securities Trading Services available to you, unless the loss or damage is directly caused by our negligence or our wilful default.
• For more details and the risks involved, please refer to the Securities Services Terms and Conditions or contact our branch staff.

Important Notes of SMS/Email Communications:

• Client is responsible for charges that may be imposed by individual mobile network operator (including but not limited to roaming service charges).
• You will not receive a personal call to inform you of your order status if you have enrolled for SMS/email order confirmation or placed your order through the online channel. Please use order status enquiry function to check the updated status of your order.
• SMS order confirmation and price alert services require pre-registration and are subject to relevant Terms and Conditions.
• The Bank gives no warranty as to the timeliness or reliability of the SMS / email communications and shall have no liability in the event that the client fails to receive such communication.

Risk Disclosure Statement for Foreign Exchange:

• Foreign exchange involves risks. Fluctuation in the exchange rate of a foreign currency may result in gains or significant losses in the event that a client converts deposit from the foreign currency to another currency (including Hong Kong Dollar).

Risk Disclosure Statement for Premium Deposit

• Investment involves risks. The worst case will result in loss of your entire investment
• Principal Loss Risk / Currency Risk – This product is not principal-protected and the return of which will be dependent on movements in some specified currency exchange rates which are affected by a wide range of factors and may rise or fall rapidly.
• Liquidity Risk / Early Withdrawal Risk / Cancellation Risk – Any cancellation or withdrawal prior to maturity is subject to the consent of the Bank. With these risks, investors may incur significant costs or losses.

Not Protected under Deposit Protection Scheme

• Premium Deposit is NOT an alternative to ordinary saving or time deposit and is NOT a protected deposit and NOT being protected under the Deposit Protection Scheme in Hong Kong.

Important Note of WealthPro

• WealthPro (“Facility”) is subject to annual renewal with credit review by Standard Chartered Bank (Hong Kong) Limited (the “Bank”).
• Facility is subject to mark-to-market and margin call action may be required by the clients.
• If the outstanding loan amount exceeds the line limit, the Bank will have the right to request you to provide additional collateral or to pay down any outstanding loan amount exceeding the line limit, or even the right to sell down the collateral in order to pay off the amount by which any outstanding loan amount exceeds the line limit. The Bank, at the Bank’s discretion and by notice to you, may impose a higher rate of interest on any amount which may be made available to you or which is outstanding in excess of the line limit.

• For new applications of the Facility, approval will be granted based on a satisfactory credit check and other validation of your information. A credit report provided by the TransUnion Limited will also be considered.
• Interest rate is a daily interest rate set by the Bank based on respective currency’s benchmark interest rate index. The reference rate may vary daily. For details, please visit the Bank’s branches or www.sc.com/hk. Interest accrues daily based on the outstanding loan amount and is calculated on the basis of a 365-day year (or a 366-day year in the case of a leap year) for loan in HKD/GBP/SGD and a 360-day year for loan in USD/EUR/JPY/AUD/NZD/CHF/CAD. Interest is charged to the overdraft account on the last day of each month.

Risk Disclosure Statement for WealthPro:

• Interest rates may rise during the term of the Facility. It is impossible to predict accurately changes in interest rates and they could possibly rise substantially. Borrowing costs under the Facility could turn out to be much higher than expected.
• Customers may be called upon at short notice to deposit substantial additional collateral to maintain their position, and a forced sale of assets, without Customer’s consent, may be necessary, including (but not limited to) in cases where (i) a Customer experiences difficulty in servicing its borrowing under the Facility, (ii) the market value of the collateral falls below the minimum level required by the Bank, (iii) the Lending ratio, Top-up ratio or Sell-down ratio in respect of the collateral is adjusted downwards by the Bank, or (iv) the Bank decides to not to renew the Facility at the annual review. The risk of loss in financing a transaction by deposit of collateral is significant, and Customers may sustain losses in excess of any cash and any other assets deposited as collateral and will remain liable for any resulting deficit in Customer’s account.
• If a Customer purchases investment funds/assets/schemes or any assets in respect of which there is a risk of capital loss with the Facility, Customer should note that the risks will be magnified as they will have a larger amount of capital at risk. Customer should consider carefully before deciding to borrow to finance the holding or purchase of any such assets and should take independent professional advice before taking out the Facility or purchasing any such asset.
• If the currency of the loan is different from the currency of the underlying collateral, foreign exchange rate risk implications may affect the value of the loan and underlying collateral. Foreign exchange rates can be highly volatile and can be affected by many external factors such as changes in political and economic policy (both overseas and locally), political instability, wars, natural disasters and global market movements.
• WealthPro is subject to the risk of market fluctuation. The value of the Customer’s holdings may be reduced as a result. Customer should have sufficient net worth to be able to assume the risks and bear the potential losses of leveraged investments. Establishing a stop loss level may help limit the amount of losses but the order may be executed at a worse-off price and may not always be affected because market conditions may make it impossible to execute such order.
• The use of leverage in investment means that relatively small price movements will have a multiplying effect on Customer’s corresponding gains or losses, and the degree of investment risk Customers face is greatly increased. The risk of loss in leveraged trading can be substantial. A high degree of leverage can work against Customers as well as for them, and the use of leverage can lead to large losses as well as gains. Customer may sustain losses in excess of Customer’s initial margin funds. Placing contingent orders, such as “stop-loss” or “stop-limit” orders, will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders. Customer may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, Customer’s position may be liquidated. Customer will remain liable for any resulting deficit in Customer’s account. Customer should therefore carefully consider whether such trading is suitable in light of Customer’s own financial position and investment objectives.
• The Hong Kong Monetary Authority or other governmental or regulatory bodies may take action which has the effect of curtailing or placing restrictions on the Bank’s ability to trade in respect of open positions, and Customer may consequently be required to close or reduce its open positions with the Bank.

• This webpage does not constitute any prediction of likely future price movements.
• Investors should consider their own investment objectives, investment experience, financial situation and risk tolerance level.
• Investors should carefully read the relevant offering documents and the Terms & Conditions of relevant product / service before making any investment decision.
• 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.