Hang Seng Bank

General Terms and Conditions of SimplyFund Rewards (the “Promotion”):

Unless otherwise specified, the promotion period is from 1 October 2024 to 31 December 2024, both days inclusive (the "Promotion Period").
Unless otherwise specified, the Promotion is applicable to Prestige Private, Prestige Banking, Preferred Banking and Integrated Account personal customers of Hang Seng Bank Limited (the “Bank”) (“Eligible Customers”).
The Promotion is considered on a "per-Eligible Customer basis". In case the relevant account is a joint-named account, only the primary account holder can enjoy the Promotion.
Unless otherwise specified, the Promotion is not applicable to Business Banking and Private Banking customers of the Bank, and cannot be used in conjunction with other offer(s) of the Bank.
No person other than the customer and the Bank (which includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provision of these Terms and Conditions.
These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
These Terms and Conditions are subject to prevailing regulatory requirements.
For more details of the Promotion, please contact the Bank’s staff. The Promotion is offered by the Bank. The Bank reserves the right to suspend, vary or terminate the Promotion and to amend these Terms and Conditions at any time without prior notice. The Bank also reserves the right of final decision on all matters relating to the Promotion, which shall be binding on all parties concerned.
In case of any discrepancy between the English and the Chinese versions of these Terms and Conditions, the English version shall prevail.

Terms and Conditions of SimplyFund Account Opening Reward (“Reward 1”):

Reward 1 is only applicable to Preferred Banking and Integrated Account personal customers who did not have a SimplyFund Account (Account Suffix 384) on or before 30 September 2024, and such Eligible Customers newly and successfully open a SimplyFund Account and hold a valid Risk Profiling Questionnaire record with risk tolerance level between 1 and 5 during the Promotion Period (“Eligible Customers of Reward 1”).
During the Promotion Period, the first 5,000 Eligible Customers of Reward 1 are entitled to free fund units with value of HKD20.
Each Eligible Customer of Reward 1 can get at most free fund units value at HKD20 only.

The Bank will draw one fund from the funds available for subscription with SimplyFund Account as the reward. The product risk level of the funds to be drawn (“Fund Units”) will be equal to or lower than the risk tolerance level of the Eligible Customer of Reward 1 as of 31 December 2024 based on his/her Risk Profiling Questionnaire record. For illustration purposes, the fund units available for subscription with SimplyFund Account and the respective product risk level are as follows:

Fund Code	Fund Name	Product Risk Level
U50014	HSBC Global Money Funds - Hong Kong Dollar	1
U45074	Hang Seng Global Bond Fund	1
U45081	Hang Seng Hong Kong Bond Fund	2
U45072	Hang Seng Global Balanced Fund	2
U45531	Hang Seng Japan TOPIX 100 Index ETF (Unlisted Class)	3
U45093	Hang Seng Ping An Asian Income Fund	3
U45073	Hang Seng Global High Growth Fund	3
U45338	HSBC Global Emerging Market Government Bond Index Fund	3
U45341	HSBC Global Corporate Bond Index UCITS ETF (Unlisted Class)	3
U45375	Hang Seng Asian Bond Fund	3
U45083	Hang Seng China New Economy Index Fund	4
U45077	Hang Seng Corporate Sustainability Index Fund	4
U45075	Hang Seng Index Fund	4
U45498	Hang Seng S&P 500 Index ETF (Unlisted Class)	4
U45146	Hang Seng TECH Index ETF (Unlisted Class)	5
U45076	Hang Seng China Enterprises Index Fund	5

Note: The fund list and the respective product risk level above is as of 1 October 2024. The product risk level as of 31 December 2024 will be used for drawing the Fund Units.

Example:
If the risk tolerance level of the Eligible Customer of Reward 1 is “3 - Medium Risk” as of 31 December 2024, the Bank will draw one fund from the fund list above with product risk level ranging from 1 - 3 based on the respective product risk level as of 31 December 2024 as the Fund Units of that Eligible Customer of Reward 1.

The unit price of the Fund Units to be used will be based on the unit price on one of the dealing dates on or before 31 March 2025 (“Pricing Date”). The Bank will subscribe for the Fund Units for the Eligible Customer of Reward 1 on the Pricing Date. Eligible Customer of Reward 1 can check the exact number of fund units rewarded from his/her SimplyFund Account afterwards. The exact number of fund units rewarded will also be shown in the SimplyFund Account monthly statement.
Please refer to Hang Seng Personal Mobile App > Investments > SimplyFund > Fund selection guide / Elxplore Funds for the Factsheet and Offering Documents of individual fund.
The Bank will deposit the Fund Units via a subscription transaction to the SimplyFund Account of the Eligible Customer of Reward 1 on or before 31 March 2025.
The fund of the Fund Units received by the Eligible Customer of Reward 1 does not represent any investment advice from the Bank. Before the Eligible Customer of Reward 1 makes any investment decision, the Eligible Customer of Reward 1 must make investment decisions in light of his/her own investment objectives, investment experience, financial situation or other needs, and where necessary consult his/her own professional advisers before making any investment.
Please note that customer will have to pay for the Monthly Account Fee of SimplyFund Account if the Monthly Average Portfolio Value of the SimplyFund Account is HKD5,000 or above. For the details of SimplyFund Account fee, please refer to Hang Seng Bank website > Investments > Investment Fund > SimplyFund.
Completion time of the SimplyFund Account opening is subject to the Bank's record. The Bank will determine the eligibility of Reward 1 based on the record held by the Bank. In case of any disputes, the Bank’s record shall be final and conclusive.
On or before 31 March 2025, a MMS notifying Eligible Customers of Reward 1 of the Fund Units details will be sent by the Bank. All relevant accounts and the Risk Profiling Questionnaire record of the Eligible Customer of Reward 1 must remain valid until the Fund Units are deposited into their relevant account.
In case of any reason the Bank is unable to provide the Fund Units, the Bank reserves the right to substitute the Fund Units with other reward at any time without prior notice. The value or nature of the substitute reward may differ from the Fund Units provided by Reward 1 .

Terms and Conditions of SimplyFund Account Referral Reward (“Reward 2”):

The Referrer of Reward 2 must be an Eligible Customer with an existing SimplyFund Account or a newly opened SimplyFund Account during the Promotion Period and has provided “Opt-in for all marketing channels” or “Opt-in for partial marketing channels” for MMS from Marketing Preferences (the “Referrer”). And the Referee must be an Eligible Customer who did not have a SimplyFund Account on or before 30 September 2024 (the “Referee”).
During the Promotion Period, the Referrer will receive a designated Referral Code (the “Referral Code”) via MMS. The Referrer can share the Referral Code to a few Referees. If a Referee has successfully completed the 2 Designated Tasks below (“Designated Tasks”) via Hang Seng Personal Mobile App with the Referral Code input (the “Successful Referral”), the respective Referrer and Referee will each be entitled to HKD100 cash reward upon each Successful Referral. - Designated Task 1: Successfully opened a SimplyFund Account with Referral Code input (the “Designated Task 1”)
- Designated Task 2: Successfully subscribed for funds via SimplyFund Account in any amount (the “Designated Task 2”)
Reward 2 is applicable to the first 500 Successful Referrals. Completion time of the Designated Tasks is subject to the Bank's record. In case of any disputes, the Bank’s record shall be final and conclusive.
If a Referee failed to input the designated Referral Code or provided a Referral Code other than the designated Referral Code when conducting the Designated Task 1 during the Promotion Period, no cash reward will be offered even if the Referee has successfully opened the account and subscribed for funds.
The Bank will credit the cash reward into the Hong Kong Dollar Settlement Account of the relevant SimplyFund Account on or before 31 March 2025. The Referrer and the Referee(s) must continue to maintain the relevant account when the relevant cash reward is credited.
Reward 2 is not applicable to the staff of the Bank. The Referrer is prohibited to claim themselves as an employee or agent of the Bank, and not allowed to have any relationship with the SimplyFund Account of the Referee, including
1. Assisted the Referee to open the SimplyFund Account;
2. Guided the Referee to use the SimplyFund Account or subscribe for funds with the SimplyFund Account;
3. Soliciting or placing orders or having any other ongoing involvement in the Referee’s investment account;
4. Act as a contact person between the Bank and the Referee;
5. Share or spread any marketing materials or advertisements of Reward 2.

Illustrative examples of Reward 1 and Reward 2

Example	Eligible Customers	Scenarios	Rewards
1	Referrer A	Existing SimplyFund Account customer who shared the designated Referral Code to "Referee A"	Cannot enjoy any reward from Reward 2 as "Referee A" did not complete Designated Task 2
1	Referee A	Who did not have a SimplyFund Account before, inputted the designated Referral Code shared by "Referrer A" during the account opening process of the SimplyFund Account but did not subscribe for any funds	Have a chance to get Fund Units with value of HKD20 from Reward 1; but cannot enjoy any reward from Reward 2 as Designated Task 2 is not completed.
2	Referrer B	Existing SimplyFund Account customer who shared the designated Referral Code to "Referee B"	Can enjoy HKD100 cash rewards from Reward 2 by successfully referred “Referee B” and have “Referee B” completed both Designated Task 1 and Designated Task 2
2	Referee B	Who did not have a SimplyFund Account before, inputted the designated Referral Code shared by "Referrer B" during the account opening process of the SimplyFund Account and subscribed for funds	Have a chance to get Fund Units with value of HKD20 from Reward 1; And can enjoy HKD100 cash rewards from Reward 2 by successfully completed Designated Tasks
3	Referrer C	Existing SimplyFund Account customer who shared the designated Referral Code to "Referee C1", "Referee C2" & "Referee C3"	Can enjoy HKD200 cash rewards in total from Reward 2 by successfully referred “Referee C1”& “Referee C2” and have “Referee C1”and “Referee C2” each completed both Designated Task 1 and Designated Task 2
	Referee C1	Who did not have a SimplyFund Account, inputted the designated Referral Code shared by "Referrer C" during the account opening process of the SimplyFund Account and subscribed for funds	Each “Referee C1” and “Referee C2” will have a chance to get Fund Units with value of HKD20 from Reward 1; And can enjoy HKD100 cash rewards from Reward 2 by successfully completed Designated Tasks
	Referee C2
	Referee C3	Who did not have a SimplyFund Account before, inputted the designated Referral Code shared by "Referrer C" during the account opening process of the SimplyFund Account but did not subscribe for any funds	Have a chance to get Fund Units with value of HKD20 from Reward 1; but cannot enjoy any reward from Reward 2 as Designated Task 2 is not completed.
4	Referrer D	Existing SimplyFund Account customer who shared the designated Referral Code to "Referee D1", "Referee D2", "Referee D3", "Referee D4" & "Referee D5"	Can enjoy HKD500 cash rewards in total by successfully referred 5 Referees and have 5 Referees each completed both Designated Task 1 and Designated Task 2.
	Referee D1	Who did not have a SimplyFund Account before, inputted the designated Referral Code shared by "Referrer D" during the account opening process of the SimplyFund Account and subscribed for funds	Have a chance to get Fund Units with value of HKD20 from Reward 1; And can enjoy HKD100 cash rewards from Reward 2 by successfully completed Designated Tasks
	Referee D2
	Referee D3
	Referee D4
	Referee D5
5	Referrer E	Existing SimplyFund Account customer who shared the designated Referral Code to "Referee E1"	Cannot enjoy Reward 2 as "Referee E1" did not complete Designated Task 2
	Referee E1	Who did not have a SimplyFund Account before, inputted the designated Referral Code shared by "Referrer E" during the account opening process of the SimplyFund Account but did not subscribe for any funds When "Referrer E1" became a SimplyFund Account customer and provided that“Referrer E1” has provided“Opt-in for all marketing channels”or“Opt-in for partial marketing channels”for MMS from Marketing Preferences, "Referrer E1" will receive the designated Referral Code via MMS Then "Referee E1" shared the designated Referral Code to "Referee E2" & "Referee E3"	Have a chance to get Fund Units with value of HKD20 from Reward 1; And can also enjoy HKD100 cash reward from Reward 2 by successfully referred “Referee E3” and have “Referee E3”completed both Designated Task 1 and Designated Task 2.
	Referee E2	Who did not have a SimplyFund Account before, inputted designated Referral Code shared by "Referrer E1" during the account opening process of the SimplyFund Account but did not subscribe for any funds	Have a chance to get Fund Units with value of HKD20 from Reward 1; But cannot enjoy Reward 2 as Designated Task 2 is not completed.
	Referee E3	Who did not have a SimplyFund Account before, inputted the designated Referral Code shared by "Referrer E1" during the account opening process of the SimplyFund Account and subscribed for funds	Have a chance to get Fund Units with value of HKD20 from Reward 1; And can enjoy HKD100 cash rewards from Reward 2 by successfully completed Designated Tasks

Risk Disclosure of SimplyFund Account:

Investors should note that all investments involve risks (including the possibility of loss of the capital invested), prices or value of investment fund units may go up as well as down and past performance information presented is not indicative of future performance. Investors should read carefully and understand the relevant offering documents of the investment funds (including the fund details and full text of the risk factors stated therein) and the Notice to Customers for Fund Investing before making any investment decision. Investment funds are investment products and some may involve derivatives. Investors should carefully consider their own circumstances whether an investment is suitable for them in view of their own investment objectives, investment experience, preferred investment tenor, financial situation, risk tolerance abilities, tax implications and other needs, etc., and should understand the nature, terms and risks of the investment products. Investors should obtain independent professional advice if they have concerns about their investment.
Not all of the investment funds that are distributed by Hang Seng Bank Limited (the “Bank”) are available here. Only specific funds are available for subscription with this account. If you are looking for other investment funds or investment products, please visit our branches or our websites for more information.
In respect of the investment funds available for subscription with this account at the moment, they are provided either by the Bank’s wholly owned subsidiary, Hang Seng Investment Management Limited, or by the Bank’s affiliates HSBC Global Asset Management (Hong Kong) Limited.