How to calculate Eligible Incremental Balance
Illustrative examples of the Eligible Incremental Balance calculation (for reference only)
Scenario 1: Assuming that the customer has successfully executed an Eligible Securities Buy Transaction in March 2025, deposited new fund in the same month and maintained the fund during the Designated Deposits Growth Period:
| Date | Transaction | Transaction Amount in HKD equivalent | Deposit Balance in HKD equivalent |
|---|---|---|---|
| 28 Feb 2025 | N/A | N/A | $100,000 |
| 20 Mar 2025 | Fund out to settle an eligible ETF buy transaction | -$50,000 | $50,000 |
| 25 Mar 2025 | Fund in by cheque deposit | +$50,000 | $100,000 |
| 26 Mar - 30 Apr 2025 | No Transaction | N/A | $100,000 |
| Deposit Daily Average Balance in Apr: ($100,000 x 30 days / 30 days) = $100,000 | |||
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Eligible Incremental Balance of Apr (Cap being Eligible Securities Buy Transaction amount in Mar): = (Deposit daily average balance in Apr + Net Eligible ETF Transaction Amount in Mar and Apr) - Deposit balance as of 28 Feb = ($100,000 + $50,000) - $100,000 = $50,000 |
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Scenario 2: Assuming that the customer has successfully executed Eligible Securities Buy Transaction in March 2025 and deposited new fund in April 2025:
| Date | Transaction | Transaction Amount in HKD equivalent | Deposit Balance in HKD equivalent |
|---|---|---|---|
| 28 Feb 2025 | N/A | N/A | $100,000 |
| 20 Mar 2025 | Fund out to settle an eligible ETF buy transaction | -$50,000 | $50,000 |
| 8 Apr 2025 | Fund in by cheque deposit | +$150,000 | $200,000 |
| 15 Apr 2025 | Fund out to settle an eligible ETF buy transaction | -$50,000 | $150,000 |
| 22 Apr 2025 | Fund in from settlement of an eligible ETF sell transaction | +$30,000 | $180,000 |
| Deposit Daily Average Balance in Apr: (Refer below image for calculation details) = $147,333 | |||
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Eligible Incremental Balance of Apr (Cap being Eligible Securities Buy Transaction amount in Mar):
Note: The amount in which this offer can be enjoyed is $50,000 as it is subject to a cap which is the Eligible Securities Buy Transaction amount in Mar
= (Deposit daily average balance in Apr + Net Eligible ETF Transaction Amount in Mar and Apr) - Deposit balance as of 28 Feb = ($147,333 + ($50,000 + $50,000 - $30,000)) - $100,000 = $117,333 |
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