GoWealth “Year-End Double Reward”: Subscribe Income Funds, Gift Yourself An Extra Bonus! *

13.75%_campaign page banner_en

WeLab Bank new or existing customer, from now until 3 p.m. of 2 January, 2024, you can use the GoWealth Featured Fund Service through the WeLab Bank App to subscribe funds with monthly dividend payout with HKD 10,000 or above (excluding money market funds), and hold till 31 January 2024, can earn up to 13.75% annual rate*

Assuming you subscribed a monthly dividend payout fund A with HKD 50,000 via the Featured Funds Services and hold the position till 31 January 2024, you can enjoy 5% annual rate* cash reward on your investment amount plus the 12 months annualized dividend yield of the fund as of 30 November is 8.75%, can earn up to 13.75% annual rate *

This Reward event is applicable to 64 funds with monthly dividend payout (excluding money market funds). Asset categories include:

✅ Equity Funds

✅ Mixed Asset Funds

✅ Bond Funds

*Among all the income funds available in our Featured Funds Services platform with dividend payout in November 2023, the highest 12 months annualized dividend yield is 8.75% as of 30 November 2023 (“the highest 12-month yield”). The figures are provided by Morningstar Asia Limited and are for information only. We do not take responsibility for and do not endorse the accuracy of such information. Past performance is not indicative of future results. The dividend information is for your reference only. Dividend payout is not guaranteed and may be paid out of capital. The annual reward rate up to 13.75% is for reference only and refers to the annual interest rate of 5% cash reward of this program and factoring in the non-guaranteed the highest 12-month yield highest 12 months annualized dividend yield of 8.75% plus the annual interest rate of 5% cash reward of this program. The screen displays and the images are for illustrative purposes only.

T&Cs apply. The above information is for reference only and does not constitute any offer, solicitation, recommendation, comment or any guarantee to the purchase or sale of any investment products or services. Investment involves risks, the value of investment products may go up or down and the investment products may even become valueless.  Past performance is not indicative of future results.

For a limited time only.  Promotion period from now until  2 January 2024, Fund Position Maintenance Period start from 3 January 2024 until 31 January 2024. The eligible transaction limit for this cash reward is capped at HKD1,000,000 and the maximum 5% cash reward amount is HKD4,166.7.

Invest Now!

Log in to WeLab Bank app! Invest Now, Reward Later, enjoy total annual rate up to 13.75%*

Learn More

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

During the promotion period, if you successfully submit a one-time investment instruction of HKD 10,000 or above to subscribe income fund(s) (excluding money market funds) via the Featured Funds Services of GoWealth in the WeLab Bank App, and hold till 31 January, all eligible transactions are entitled to receive a cash reward with an annual interest rate of 5% ("Cash Reward").

"Eligible Transaction" refers to a one-time investment instruction of HKD 10,000 or above to subscribe income fund(s) (excluding money market funds) via the Featured Funds Services through the WeLab Bank App. For the avoidance of doubt, any investment instruction submitted via Digital Wealth Advisory, and monthly saving plan shall NOT be considered as an Eligible Transaction.

Trading hours are based on Hong Kong time, and the cut-off time for trading instructions is 3:00 p.m. Hong Kong time. Therefore, you must submit all eligible trading instructions before 3:00 p.m. Hong Kong time on 2 January 2024.

To find the list of 64 income funds for this promotion as below:

WeLab Bank App→GoWealth→Pick your own funds→Featured Funds→View full fund List→Filters→Asset Class click "Equity fund", "Mixed asset fund", "Bond fund"; Payout type click Dividend→View Results

64 Income Fund, please click HERE for details.

For each eligible transaction of HKD 10,000 or the equivalent of HKD, if your eligible fund position is maintained until the end of the maintenance period, you can enjoy a cash reward of HKD 41.6, and the maximum cash reward is HKD 4,166.

Terms and conditions apply, please click HERE for details.

What investment fees will be charged?

Buy funds via 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.

The fund company may also charge management fees and other fees. You can refer to the relevant fund documents for details. We will receive rebates based on the management fees charged by the fund company. Please refer to "General Service Charges" for details.

Learn more

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.