【GoWealth Flash Offer Fun Fund Reward】Subscribe Featured Funds or Portfolios, reach certain amounts, earn up to 10% annual rate cash reward!

New and existing customers who invest in Featured Fund Services * or GoWealth Digital Wealth Advisory * with one off investment amount of HKD 10,000 can enjoy a 5% annual rate cash reward. Accumulated eligible transactions reached HKD 100,000 or above can enjoy up to 10% annual rate cash reward.*

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💰 Promotion details:

From now till 30 April 2024 3pm HKT, you can use Featured Fund Services * or GoWealth Digital Wealth Advisory * via WeLab Bank App to submit a one-time investment instruction of HKD 10,000 or above for subscribing fund(s) and portfolio(s) (except all money market funds, portfolio 1 and all monthly instructions), and hold till 31 July 2024, and enjoy corresponding cash reward* if the accumulated amount of eligible transaction(s) reaches any ranges of amounts listed below.

Three simple steps to participate:

From now until 3pm Hong Kong time on 30 April 2024, new and existing WeLab Bank customers who:

(1) Open or hold core accounts and investment accounts and maintain the accounts until 31 July 2024,

(2) Have a balance of HKD 10,000 or above in any accounts with the Bank as of 30 April 2024,

(3) Use WeLab Bank App successfully subscribe fund(s) by submitting one-time investment instruction via the Featured Fund Services (excluding money market funds^) or GoWealth Digital Wealth Advisory (excluding Portfolio 1^) for an one off investment amount of at HKD10,000 or above (“Eligible Transaction”); and hold the fund(s)/portfolio(s) until 31 July 2024.

If you completed the above three steps, you can enjoy cash reward on the accumulated amount of eligible transactions at the corresponding one month annual cash reward rate*!

What are you waiting for? Visit the WeLab Bank App and join now! 🤩

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How to participate in this promotion of GoWealth New and Existing Customers Cash Reward?

* From 17 April until 30 April 2024, customers who successfully opened or have a valid Core Account and Investment Account with any accounts’ balance at or above HKD 10,000 as of 30 April 2024, subscribed funds / portfolios via Featured Funds or GoWealth Digital Wealth Advisory for an one off investment amount of HKD 10,000 or above (excluding money market funds and Portfolio 1, and any monthly investment instructions), hold the fund position from 1 May until 31 July 2024, eligible transaction can earn 5%annual rate cash reward, the investment amount of each constituent transaction is at HKD 10,000 or above in which accumulated transactions reached HKD 100,000 or above can earn up to 10% annual rate cash reward.

For the avoidance of doubt, any monthly investment instruction submitted via Featured Funds and GoWealth Digital Wealth Advisory and any transaction with investment amount less than HKD 10,000 shall NOT be considered as an Eligible Transaction.

The accumulated investment amount of Eligible Transactions of a customer that can be counted as Eligible Transactions shall be capped at HKD 1,000,000 and the total Cash Reward received under this Program shall be capped at HKD 8,219.2 (HKD 1,000,000 *10%*30/365).

For limited time only.  T&Cs apply. The investment products or services mentioned in this material are not equivalent to, nor should it be treated as a substitute for, time deposit. This Offer cannot be used in conjunction with other special promotions, discounts or promotional offers related to GoWealth Digital Wealth Advisory Services or Featured Fund Services unless otherwise specified.

Note: Investment involves risks. The above information is for reference only and does not constitute any investment advice.

All the Cash Reward for eligible transactions will be credited into your WeLab Bank Core Account on or before 16 August 2024.

Terms and conditions apply, please visit

What investment fees will be charged?

<For GoWealth Digital Wealth Advisory Services>For fund subscription fee, it is charged when you place a buy order (e.g. creating a goal, monthly investment, and switching / rebalancing order with buy orders). Subscription fee by a percentage would be charged on the subscription amount, please refer to General Service Charges for details. On the other hand, fund houses may also charge management fee and other charges, where you may refer to relevant fund offering documents for more details and the Bank will receive a rebate of the management fee received by fund houses as the commission, please refer to General Service Charges for details.

<For Featured Funds Services>The fund platform fee shall be charged monthly and will be debited from your Core Account on or before the 7th business day of each month. The fund platform fee of a month is an aggregate amount of the daily fee within the month. Daily fee is calculated based on the daily market value of all your settled fund holdings in HKD (or HKD equivalent based on daily reference rate) under Featured Funds Services, excluding all money market fund holdings, multiplied by the fund platform fee monthly rate and divided by the number of calendar days of the month. Fund platform fee accrued in a month (if any) will be shown on the corresponding Investment Account Monthly Statement. For details of the prevailing fund platform fee monthly rate, please refer to the “General Services Charges”. For fund asset class information, please refer to the fund details page in WeLab Bank app. Also, fund houses may also charge management fee and other charges, where you may refer to relevant fund offering documents for more details and the Bank will receive a rebate of the management fee received by fund houses as the commission, please refer to General Service Charges for details.

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Disclaimers

This webpage is for information only and does not constitute any offer, solicitation, recommendation, comment or any guarantee to the purchase or sale of any investment products or services. The investment products or services mentioned in this webpage are not equivalent to, nor should it be treated as a substitute for, time deposit.

Investment involves risk. The price of an investment fund unit may go up as well as down and the investment funds may become valueless. Part of your investment may not be able to liquidate immediately under certain market situation. Please refer to our Wealth Management Services Terms (including relevant risk disclosures) and relevant fund offering documents for more details of our services as well as the nature and risks of the relevant products.

The investment decision is yours but you should not invest in these product(s) nor services unless the intermediary who sells them to you has explained to you that these products are suitable for you having regard to your financial situation, investment experience and investment objectives.

Before making any investment decisions, you should consider your own financial situation, investment objectives and experiences, risk acceptance and ability to understand the nature and risks of the relevant product(s).

If you have any inquiries on the nature and risks involved in this webpage, relevant product(s) and services, trading or investment funds, etc, you should seek advice from independent financial adviser.

The information contained on this webpage is intended for Hong Kong residents only and should not be construed as a distribution, an offer to sell, or a solicitation to buy any securities in any jurisdiction where such activities would be unlawful under the laws of such jurisdiction. If you are outside of Hong Kong, we may not be authorised to offer or provide you with the products and services available in the country or region you are located or resident in.

This webpage is issued by Welab Bank Limited. The contents of this webpage have not been reviewed by the Securities and Futures Commission in Hong Kong.

In case of any discrepancy between the English and the Chinese versions of this webpage, the English version shall prevail.