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					The Principal Brochure consists of this document and the Investment Fund Choice leaflet. This document is issued and should be read in conjunction with the Investment Fund Choice leaflet.




                       AXA Vertex Annuity InvestLife Plan
                                                                                                                                      Principal Brochure                                LMKG314-0901
Addendum to Principal Brochure for AXA Vertex Annuity InvestLife Plan

This Addendum should be read in conjunction with and forms part of the Principal Brochure for AXA Vertex
Annuity InvestLife Plan dated January 2009 (the “Principal Brochure”).



1. The following "IMPORTANT INFORMATION" shall be inserted as the first page of the Principal Brochure:



                                        IMPORTANT INFORMATION

   1. AXA Vertex Annuity InvestLife Plan (the “Plan”) is an investment-linked insurance policy issued by
      AXA China Region Insurance Company (Bermuda) Limited (the “Company”). Your investments
      are subject to the credit risks of the Company.

   2. You are not investing in the underlying funds and do not have any rights or ownership over these
      underlying investments.

   3. Early surrender or partial withdrawal may result in a significant loss of the principal.

   4. Your return on investments is calculated with reference to the fluctuation of the performance of
      the underlying funds. Each of these underlying funds has its own investment objectives and
      associated risks.

   5. You should not purchase this product unless you understand it and it has been explained to you
      how it is suitable for you. The final decision is yours.

   6. You should read the Investment Fund Choice of the Plan and the offering documents of the
      underlying funds, which are made available by the Company.



2. With effect from 1 February 2010, the section headed “Cooling-off Period” shall be deleted and replaced
   by the following:

“Cooling-off Period

If you are not fully satisfied with your AXA Vertex Annuity InvestLife Plan policy, you have the right to cancel
the policy by returning the policy and giving a written cancellation request to us. Your request to cancel
must be signed by you and received by us within 21 days after the delivery of the policy or issue of a notice
(informing about the availability of the policy and the expiry date of the cooling-off period) to you or your
representative, whichever is earlier. AXA will then refund you all premiums you have paid less a deduction
of the amount (if any) by which the value of your investment has fallen at the time when your cancellation
request is received by us.

No refund can be made when a claim has been paid.”



3. Except as amended by this Addendum, the Principal Brochure remains in full force and effect.
                                                                                                                   COVQ-012010




AXA China Region Insurance Company (Bermuda) Limited (Incorporated in Bermuda with limited liability)

22 January 2010
    AXA Vertex Annuity
    InvestLife Plan


     You are now in the prime of your life. While working
     hard to achieve great things in your career and raise
     your family, you are undoubtedly looking forward to a
     relaxed retirement free from financial obligations and
     responsibilities.


     To achieve your retirement dreams, you need an effective
     financial tool that will enable you to:

     1. Safeguard your capital investment should there be
           unpredictable market turbulence or misfortune;
     2. Accumulate wealth effectively enough to outpace
           inflation and capture unlimited return potential in
           investment markets;
     3. Secure a regular lifelong income that will free you from
           financial worries during retirement.


     At AXA, we understand your retirement needs. We are
     now pleased to present you a retirement solution - AXA
     Vertex Annuity InvestLife Plan* (the “Plan”), an ideal
     financial tool that will enable you to fulfill the above
     desires. When retirement finally comes, you will realise
     that it is really the beginning of your golden years!


     *   AXA Vertex Annuity InvestLife Plan is a regular premium investment-linked insurance
         plan under the Class C linked long-term business as defined by the Insurance
         Companies Ordinance. The Plan is offered by AXA China Region Insurance Company
         (Bermuda) Limited (“AXA”, “the Company”, “we”, “us” or “our”) as an authorized
         insurance company under the Insurance Companies Ordinance in Hong Kong.




1
     Lock-in Highest Anniversary Value and No Losses -
     With AXA Vertex Annuity InvestLife Plan
     Our pioneering new AXA Vertex Annuity InvestLife Plan is an investment-linked insurance plan which
     enables you to lock-in the highest anniversary value during the first 12 policy years through a unique
     Performance Lock-in Guarantee feature1. With this feature, the Plan will let you capture potentially
     unlimited market returns so you don’t need to worry about investment markets’ timing factors. The
     Plan also offers you the added peace of mind of a No Loss Premium Guarantee1.




    J     ust look at the benefits you’ll
          enjoy with AXA Vertex Annuity
          InvestLife Plan…
                                                                                                       Guaranteed Value
                                                                                                       Under AXA Vertex Annuity InvestLife Plan, we guarantee
                                                                                                       you that, no matter how your investment is performing,
                                                                                                       provided your policy is effective at the 12th policy anniversary,
     •    A Performance Lock-in Guarantee 1 allows you to
                                                                                                       your account value on that date will be at least equal to a
          lock-in the highest anniversary value and frees you from                                     guaranteed value, which is the higher of:
          worries about market timing.
                                                                                                       (i)   the amount derived from the applicable Performance
     •    Unlimited upside potential via participation in both                                               Lock-in Guarantee below and
          equity and bond investments.                                                                 (ii) the amount derived from the applicable No Loss
     •    A wide range of attractive fund choices with proven                                               Premium Guarantee below
          track records is available for investors with different risk                                      (the “Guaranteed Value”).
          appetite levels. They include both popular emerging
          market equity funds and high-yield bond funds.                                               The Guaranteed Value will depend on which of the following
                                                                                                       options you have chosen at policy application:
     •    A No Loss Premium Guarantee1 covering up to 105%
          of the amount you invest - gives you total peace of mind                                                                           Plan 105                Plan 100
          while you are investing to maximise your potential gain.
                                                                                                                                            Highest single account value
                                                                                                         Performance Lock-in
     •    At the end of policy year 12, having enjoyed the                                                                                   amongst the first 11 policy
                                                                                                         Guarantee
          Performance Lock-in Guarantee1, you can apply your                                                                                       anniversaries
          account value to elect for the Annuity Benefit Option.                                         No Loss Premium                 105% of total           100% of total
          This option provides you with a lifetime guaranteed                                            Guarantee                       premium paid4           premium paid4
          income with the potential to increase over time if your
          investments perform well. Please refer to the Annuity                                        At the 12 th policy anniversary, if the Guaranteed Value is
          Benefit Option section for more details.                                                     higher than the account value actually recorded under the
                                                                                                       policy on that date, we will credit the difference to the account
     •    Financial flexibility including partial withdrawal without
                                                                                                       in the form of fund units in accordance with our record of your
          Early Encashment Charge at any time before you elect for
                                                                                                       latest Fund Allocation Instruction. If the Guaranteed Value is
          the Annuity Benefit Option2, premium holiday3 and 6 free                                     lower than the account value actually recorded on that date,
          fund switches per year.                                                                      no additional units will be credited to your account.

     AXA Vertex Annuity InvestLife Plan is a whole of life                                             Our guarantee above will not apply if:
     investment-linked insurance plan requiring just 5 years of
                                                                                                       (i)   Any Regular Premium remains unpaid at the expiry of the
     Regular Premiums and offering guaranteed reassurance at
                                                                                                             relevant grace period; or
     the 12th policy anniversary and an annuity benefit thereafter.
     During the 5-year premium payment period, you will also                                           (ii) Partial withdrawal or premium holiday has been taken
     enjoy dollar-cost-averaging benefits on top of other hassle-                                           during the first 5 policy years; or
     free potential investment return and guarantees.                                                  (iii) Your Regular Premium has been reduced during the first
                                                                                                             5 policy years.

                                                                                                       The Guaranteed Value will be proportionally adjusted by any
                                                                                                       partial withdrawal made after policy year 5. Please refer to the
                                                                                                       Partial Withdrawals section for more details.

                                                                                                       Both Performance Lock-in Guarantee and No Loss Premium
                                                                                                       Guarantee will expire after the 12th policy anniversary.




1 The guarantee only applies if the policy is held till the end of the 12 th policy year. Any unpaid Regular Premium, partial withdrawal, premium holiday or premium reduction
  during the first 5 policy years will result in the cancellation of the guarantee. Any partial withdrawal made after policy year 5 will reduce the value of the guarantee. Please
  refer to the Guaranteed Value and Partial Withdrawals sections for more details.
2 Partial withdrawal is free of Early Encashment Charge as long as the remaining account value is higher than the Minimum Account Balance. If the remaining account
  value is less than the Minimum Account Balance, the policy will be surrendered automatically and subject to an Early Encashment Charge in the first 9 policy years.
  Please note that any partial withdrawal you make during the first 5 policy years will result in the cancellation of the Performance Lock-in Guarantee, No Loss Premium
  Guarantee and No Lapse Guarantee. Please refer to the Partial Withdrawals section for more details.
3 The Performance Lock-in Guarantee, No Loss Premium Guarantee and No Lapse Guarantee will be cancelled once an application for premium holiday is approved.
  Please refer to the Premium Holiday section for more details.
4 Total premium paid includes all Regular Premium and Initial Lump Sum Premium (if any) paid in by the Owner.
                                                                                                                                                                                     2
     Illustrative Example 1 (Performance Lock-in Guarantee)
    Mr. Chan, at age 45, invests over 50% of his savings in the stock market. Realising that it may be difficult to time the market to maximise his
    investment returns, he chooses AXA Vertex Annuity InvestLife Plan (Plan 100) with an annual premium of USD30,000. With Performance Lock-in
    Guarantee, Mr. Chan is able to lock-in the highest single account value amongst the first 11 policy anniversaries while also enjoying the safety net of
    the 100% No Loss Premium Guarantee.


                                                                                                                                     Let's suppose the stock
                                                                                                                                     market begins booming
                                                                                                                                     starting from policy year
                                                                                                                                     8 onwards, and that fund
                                                                                                                                     performance surges to a
                                                                                                                                     historical high on the 8 th
                                                                                                                                     policy anniversary. As a
                                                                                                                                     result, Mr. Chan will enjoy
                                                                                                                                     the full benefit of the
                                                                                                                                     Plan's Performance Lock-
                                                                                                                                     in Guarantee.




    When the policy reaches the 12th policy anniversary, we record the following:

           Performance Lock-in Guarantee: Highest single account value amongst the
                                                                                                      = USD200,000
           first 11 policy anniversaries
           No Loss Premium Guarantee: 100% of total premium paid                                      = USD150,000 (USD30,000 x 5 x 100%)
                                    th
           Account value at the 12 policy anniversary                                                 = USD141,000

    The Guaranteed Value is USD200,000 (i.e. the higher of         and    ).
    Since the Guaranteed Value is higher than the account value recorded at the 12th policy anniversary, we will credit the difference ( ), USD59,000
    (i.e.  minus ), to Mr. Chan’s account in the form of fund units.
    Note: The above example assumes that there have been no partial withdrawals, premium holiday, premium reductions, Initial Lump Sum Premium and outstanding Regular
          Premium.



     Illustrative Example 2 (No Loss Premium Guarantee)

                                                                                                                                     Now let’s suppose the
                                                                                                                                     market has been generally
                                                                                                                                     poor and the fund
                                                                                                                                     performance is weak,
                                                                                                                                     Mr. Chan doesn’t have
                                                                                                                                     to worry about losing
                                                                                                                                     his invested money if his
                                                                                                                                     policy is effective at the
                                                                                                                                     12th policy anniversary, he
                                                                                                                                     can still enjoy the safety
                                                                                                                                     net of 100% No Loss
                                                                                                                                     Premium Guarantee.




    When the policy reaches the 12th policy anniversary, we record the following:

           Performance Lock-in Guarantee: Highest single account value amongst the first
                                                                                                      = USD138,000
           11 policy anniversaries
           No Loss Premium Guarantee: 100% of total premium paid                                      = USD150,000 (USD30,000 x 5 x 100%)

           Account value at the 12th policy anniversary                                               = USD110,000

    The Guaranteed Value is USD150,000 (i.e. the higher of         and    ).
    Since the Guaranteed Value is higher than the account value recorded at the 12th policy anniversary, we will credit the difference ( ), USD40,000
    (i.e. minus ), to Mr. Chan’s account in the form of fund units.
    Note: The above example assumes that there have been no partial withdrawals, premium holiday, premium reductions, Initial Lump Sum Premium and outstanding Regular
          Premium.

    If Mr. Chan chooses to enrol in Plan 105, we would use 105% of total premium paid to determine the Guaranteed Value and amount of fund units to
    be credited to his account.

3   The illustrative examples are for references only and are not indicative of the future performance of the Plan.
  Y our options12
    policy year
                after

     Following the 12th policy anniversary, you may choose to:                                •     The applicable Guaranteed Annuity Rate is determined
     •    Continue with your policy after you have enjoyed the                                      by reference to the Insured’s age upon Annuitisation.
          Guaranteed Value feature, your investment can continue
                                                                                                        Insured’s Age Upon            Guaranteed Annuity Rate
          to have potential growth for your future retirement; or
                                                                                                           Annuitisation                   (per annum)
     •    Elect for the Annuity Benefit Option (Please refer to the
                                                                                                               45 – 64                              4%
          following section for more details); or
                                                                                                               65 – 74                              5%
     •    Withdraw part or all of your account value to purchase
                                                                                                               75 – 82                              6%
          a traditional life annuity plan which provides you with a
          regular income during your lifetime; or                                                   These rates are guaranteed by the Company at policy
     •    Withdraw your account value in one lump sum.                                              inception. The applicable Guaranteed Annuity Rate of
                                                                                                    your policy will not change as the Insured moves into a
     Both Performance Lock-in Guarantee and No Loss Premium
                                                                                                    subsequent age range.
     Guarantee will expire after the 12th policy anniversary.
     If you do not inform us your choice, we will assume that you                             •     Upon payment of each Lifetime Annuity Income, the
     choose to continue with your policy with us.                                                   same amount will be deducted from the account value by
                                                                                                    cancelling the corresponding number of units allocated
                                                                                                    to your policy. However, the Lifetime Annuity Income
     Annuity Benefit Option                                                                         will continue to be payable and your policy will not be
     AXA Vertex Annuity InvestLife Plan takes care of your wealth                                   terminated even if the account value has been reduced to
     accumulation and secures your retirement by offering the                                       zero or is insufficient to cover applicable policy charges
     assurance of guaranteed payments for life. With our unique                                     when due.
     annuity benefit option, you enjoy the following attractions:
                                                                                              •     You can elect to receive the Lifetime Annuity Income
     •    Secure a lifetime income with your account value after                                    on a monthly basis, in which case the monthly amount
          you have enjoyed the Performance Lock-in Guarantee                                        payable is equal to 1/12 of the Annual Lifetime Annuity
          where applicable.                                                                         Income, provided that it satisfies the minimum payment
     •    Continue to enjoy growth potential from your investments.                                 requirement as determined by the Company from time
                                                                                                    to time. The current minimum payment requirement is
     •    Lifetime income may increase with favorable investment
                                                                                                    USD500.
          performance but will never be reduced.
     •    Flexibility to surrender your policy at any time in return for
          the account value without any Early Encashment Charge.                              Conditions and Timing for Annuitisation
                                                                                              To enjoy the above benefits, your policy must satisfy the
     Key Features of Annuity Benefit Option                                                   following conditions:
                                                                                              (i)   the account value upon Annuitisation must satisfy the
     Starting from the 12th policy anniversary, at certain times you
                                                                                                    minimum and maximum requirements as determined by
     may choose to annuitise your policy by applying the entire
     account value under the policy5. Upon Annuitisation, the                                       the Company from time to time6; and
     Insured will receive an Annual Lifetime Annuity Income                                   (ii) the fund allocation under your policy at that time must
     determined as follows:                                                                        comply with the requirements specified in the Fund
                                                                                                   Choices section below7.
         Benefit            Guaranteed                 Annual Lifetime                        You may only annuitise your policy once, under one of the
                      x                          =
          Base              Annuity Rate               Annuity Income                         following instances:
                                                                                              (i)   Immediately after the 12th policy anniversary; or
     •    The Benefit Base is initially equal to the account value                            (ii) On each of the policy anniversaries which coincide
          after deduction of a Conversion Charge of your AXA                                       or immediately follow the Insured’s 55 th, 60 th, 65 th or
          Vertex Annuity InvestLife Plan policy upon Annuitisation.                                70 th birthday provided that it is after the 12 th policy
          Please refer to the Charges Schedule section for                                         anniversary.
          more details. The Benefit Base is a notional value for                              In each case you must submit to our office our prescribed
          determining the Annual Lifetime Annuity Income.                                     Annuitisation election form duly completed within 30 days
                                                                                              after the relevant policy anniversary.


                                                                                              Your Lifetime Annuity Income can grow
                                                                                              with favorable investment return
                                                                                              •     At every Annuitisation Anniversary, if the account value
                                                                                                    is greater than the prevailing Benefit Base, the prevailing
                                                                                                    Benefit Base shall be automatically increased to such
                                                                                                    account value.


5 Annuitisation of the policy means the conversion of the Benefit Base into a stream of income for life based on the age of the Insured at the time of conversion and in
  accordance with the Guaranteed Annuity Rate. The expressions “annuitise” and “annuitised” shall be construed accordingly. Annuitisation Date means the date the
  Annuitisation of the policy takes effect.
6 Currently the minimum amount is USD15,000 and the maximum amount is USD50,000,000. If the account value exceeds the aforesaid maximum limit for the purpose of
  Annuitisation, you must withdraw the excess amount of the account value to bring it equal to or below the maximum limit in order to be eligible for Annuitisation.
7 If the holding of one or more investment funds under your policy exceed the maximum limit or fall below the minimum limit prescribed by the Company for the purpose of
  Annuitisation, you must apply to switch units of such investment fund(s) to other investment fund(s) in order to be eligible for Annuitisation.
                                                                                                                                                                           4
     Illustrative Example 3 (Annuity Benefit Option)
    Referring to Illustrative Example 1, having enjoyed the benefit of the Guaranteed Value at the 12th policy anniversary, Mr. Chan is now aged 57. He
    decides to retire and annuitise the policy for an annual lifetime income. The account value of his policy upon Annuitisation is USD200,000, after
    deducting the Conversion Charge of USD10,000, the initial Benefit Base is USD190,000. His Annual Lifetime Annuity Income would be USD7,600.


                           Benefit Base                Guaranteed Annuity Rate                    Annual Lifetime Annuity Income
                           USD190,000
                                               x                4%
                                                                                          =
                                                                                                              USD7,600

    Fortunately for Mr. Chan, he experiences relatively strong returns in some years. The investment gains are large enough to lift his account value above
    the prevailing Benefit Base at the Annuitisation Anniversary following his 62nd birthday.




    Assuming the account value after age 65 never exceed the prevailing Benefit Base, the Annual Lifetime Annuity Income which Mr. Chan will receive
    are illustrated below:

                                                                                       Guaranteed Annuity Rate                    Annual Lifetime
                     Age                               Benefit Base
                                                                                            (per annum)                           Annuity Income
                      57                                USD190,000                                 4%                                USD7,600
                      58                                USD190,000                                 4%                                USD7,600
                      59                                USD190,000                                 4%                                USD7,600
                      60                                USD190,000                                 4%                                USD7,600
                      61                                USD190,000                                 4%                                USD7,600
                      62                                USD202,000                                 4%                                USD8,080
                      63                                USD202,000                                 4%                                USD8,080
                      64                                USD202,000                                 4%                                USD8,080
               65 and onwards                           USD202,000                                 4%                                USD8,080

    The illustrative example is for reference only and is not indicative of the future performance of the Plan.




      F lexible payment to match your
        unique needs                                                                     F reedom to manage your investment
                                                                                           strategy
        •   AXA Vertex Annuity InvestLife Plan requires just 5 years of                    Fund Choices
            premium payments with a minimum monthly Regular Premium
                                                                                           •   AXA Vertex Annuity InvestLife Plan provides a choice of
            of USD250. You may pay your Regular Premium on an
                                                                                               different investment funds across various financial instruments
            annual, semi-annual or monthly basis.
                                                                                               and global market sectors. Three categories of funds, namely
        •   You will enjoy the added flexibility of being able to top up
                                                                                               Selected Funds, Equity Funds and Bond Funds are available
            your investment by paying an Initial Lump Sum Premium of
                                                                                               under AXA Vertex Annuity InvestLife Plan for your choice.
            USD10,000 or over at policy inception.
                                                                                               All of which will make it far easier for you to diversify your
        •   If you need to, you can apply to reduce your Regular Premium                       portfolio by investing in a range of markets while balancing
            to a minimum of USD250 per month after the first 24 months                         risk.
            of your policy. However, the Guaranteed Value feature will be
                                                                                           •   Depending on your choice of the following options, you can
            cancelled if you reduce your Regular Premium.
                                                                                               currently use a maximum of 10 investment funds per policy
        •   If you have reduced your Regular Premium, you may apply to                         to design your own investment mix, subject to a maximum
            increase it back up to the original amount of Regular Premium                      and a minimum allocation of your total premium paid (total
            at policy issuance at any time, but the Guaranteed Value                           Regular Premium plus Initial Lump Sum Premium (if any) paid)
            feature will not be restored thereafter. If you want to increase                   or account value upon Annuitisation across the following fund
            your Regular Premium above such original amount, you may                           categories:
            simply apply for another AXA Vertex Annuity InvestLife Plan
            policy.
5
                                                                For Premium Payment                                        Account Value upon Annuitisation
                                                          Plan 105                       Plan 100                          Plan 105                           Plan 100

              Maximum allocation                    Investment in Selected                                         Investment in Selected
                                                                                            25%                                                                  25%
              in Selected Funds                      Funds is not allowed                                           Funds is not allowed

                                                                                     45% - 70%                                                            45% - 70%
              Maximum allocation                                                 (depending on your                                                   (depending on your
                                                            50%                                                               50%
              in Equity Funds                                                   allocation in Selected                                               allocation in Selected
                                                                               Funds and Bond Funds)                                                Funds and Bond Funds)

              Minimum allocation
                                                            50%                             30%                               50%                                30%
              in Bond Funds




                                                                                                  N        o Lapse
          Your total allocation to the investment funds under
          the policy must add up to 100%. We reserve the right
                                                                                                           Guarantee
          to change these allocation requirements for premium
          payment and account value upon Annuitisation                                                •    If the account value of your policy drops to zero as a
          respectively and separately from time to time with prior                                         result of fund performance and/or payment of policy
          written notice to you.                                                                           charges, your policy will not lapse because of the Plan’s
                                                                                                           No Lapse Guarantee. As a result, you will continue to
     •    For a brief overview of currently available investment
                                                                                                           benefit from the Plan and its built-in Performance Lock-in
          funds, please refer to the Investment Fund Choice leaflet.
                                                                                                           Guarantee and No Loss Premium Guarantee.
     •    AXA may add new investment funds and withdraw
                                                                                                      •    The No Lapse Guarantee will cease to apply in cases
          existing investment funds from time to time.
                                                                                                           where you:
     •    We will give you at least 3 months’ (or such shorter period
                                                                                                           (i)   withdraw the account value to zero;
          as we agree with the Securities and Futures Commission)
          prior written notice of our intention to withdraw an                                             (ii) withdraw part of the account value during the first 5
          investment fund.                                                                                      policy years;
                                                                                                           (iii) take a premium holiday;
                                                                                                           (iv) reduce the Regular Premium; or
     Fund Switching
                                                                                                           (v) fail to pay a Regular Premium by the expiry of the
     •    We understand that you may wish to fine-tune your
                                                                                                               relevant grace period during the first 5 policy years.
          investment strategy from time to time. To cope with your
                                                                                                      •    The No Lapse Guarantee will be discontinued after
          changing needs, AXA Vertex Annuity InvestLife Plan gives
                                                                                                           the 12th policy anniversary.
          you the flexibility to redistribute your investment across
          investment funds subject to the following requirements:                                     •    After Annuitisation, the policy will not be terminated as a
                                                                                                           result of the account value being reduced to a nil balance
                                                            Switch-in
                                                                                                           or insufficient to cover applicable policy charges when
                                               Selected        Equity     Bond                             due.
                                                Funds          Funds      Funds
                           Selected Funds
              Switch-out




          (
                           Equity Funds
                           Bond Funds
                     = Allowed ;   = Not allowed)
                                                                                                   L       ife protection ensures your
                                                                                                           added peace of mind
                                                                                                      Life Benefit
     •    Your first 6 fund switches in any policy year will be carried
                                                                                                      •    Should the Insured pass away during the policy term and
          out free of charge. All subsequent fund switches will be
                                                                                                           before Annuitisation of the policy, AXA Vertex Annuity
          charged at a rate of up to 1% of the amount of the funds
                                                                                                           InvestLife Plan will provide a life benefit equals 101%
          switched.
                                                                                                           of the account value8. Alternatively, you may choose a
     •    The minimum switching amount is currently USD500.                                                capital protection life benefit option8, in which case the
     •    After a fund switching, the number of investment funds                                           life benefit will be equal to the greater of:
          for allocation must not be more than the maximum
                                                                                                           -     101% of the account value; or
          number specified by us from time to time. We currently
          allow a maximum allocation of 10 investment funds.                                               -     101% of the total premium paid (total Regular
                                                                                                                 Premium plus Initial Lump Sum Premium (if any) paid)
                                                                                                                 minus all partial withdrawals.
                                                                                                      •    Should the Insured pass away on or after Annuitisation of
                                                                                                           the policy, AXA Vertex Annuity InvestLife Plan will provide
                                                                                                           a life benefit that equals 100% of the account value.
                                                                                                      •    Any outstanding policy charges will be deducted from the
                                                                                                           proceeds of the life benefit.




8 The life benefit is limited to the aggregate of the policy charges paid and account value without interest if Insured commits suicide within the 1st policy year.
                                                                                                                                                                              6
        F       lexibility with AXA Vertex Annuity
                InvestLife Plan
          Premium Holiday
          •     You may also apply to suspend your Regular Premium                                                 subject to an Early Encashment Charge in the first 9 policy
                payments9 after the first 24 months of your policy while the                                       years. Please refer to the Charges Schedule section for more
                account value is greater than the Minimum Account Balance10.                                       details.
                The Guaranteed Value feature will be cancelled once an                                        •    You may apply partial withdrawal by specifying the amount
                application for premium holiday is approved.                                                       to be withdrawn which will be taken proportionately from all
          •     Premium holiday is not available during the first 24 months                                        investment funds allocated to the policy based upon the value
                of the policy or if the account value is less than the Minimum                                     of the units of each of the investment fund at the time of unit
                Account Balance10.                                                                                 redemption. The withdrawal amount which you will receive will
          •     Please note that any premium holiday taken may affect your                                         be based on the price of the units redeemed less applicable
                ability to meet your savings targets. As a result, premium                                         charges.
                holiday is more suitable for a short period only to help you                                  •    Please be advised that any partial withdrawal made during
                with temporary financial difficulties or needs.                                                    the first 5 policy years will result in the cancellation of the
                                                                                                                   Guaranteed Value feature and No Lapse Guarantee. Partial
                                                                                                                   withdrawal made between policy years 6 and 12 will reduce
          Partial Withdrawals                                                                                      the account value and amount of premium paid used in
                                                                                                                   calculating the Guaranteed Value proportionally in the manner
          •     You can make partial withdrawals of USD500 and up free of
                                                                                                                   illustrated in the following examples.
                Early Encashment Charge at any time as long as the remaining
                account value is higher than the Minimum Account Balance10.                                   •    No partial withdrawal is allowed after Annuitisation of the
                If the remaining account value is less than the Minimum                                            policy.
                Account Balance10, the policy will be terminated automatically




        Illustrative Example 4 (One partial withdrawal made between policy years 6 and 12)
    Now suppose Mr. Chan has a need to withdraw USD30,000 from his account value in year 10, the account value before the partial withdrawal is
    USD150,000, therefore after the withdrawal, the account value becomes USD120,000.




    When the policy reaches the 12th policy anniversary, we determine the following:


              Performance Lock-in Guarantee: Highest single account value amongst                                 = USD200,000 x
                                                                                                                                                                        = USD160,000
              the first 11 policy anniversaries adjusted for the withdrawal made                                    (USD120,000 / USD150,000)
              No Loss Premium Guarantee: 100% of total premium paid adjusted for the                              = USD30,000 x 5 x 100% x
                                                                                                                                                                        = USD120,000
              withdrawal made                                                                                       (USD120,000 / USD150,000)
              Account value at the 12th policy anniversary                                                        −                                                     = USD99,000


    The Guaranteed Value is USD160,000 (i.e. the higher of                     and     ).
    Since the Guaranteed Value is higher than the account value recorded at the 12th policy anniversary, we will credit the difference ( ), USD61,000
    (i.e.  minus ), to Mr. Chan’s account in the form of fund units.
    Note: The above example assumes that there have been no premium holiday, premium reductions, Initial Lump Sum Premium and outstanding Regular Premium.




    9    Policy charges will continue to be payable during premium holiday. If the account value on due date of the policy charges is in our opinion likely to become nil, the policy will lapse on
         such day as determined by us in our absolute discretion. Please refer to the Charges Schedule section for details of the policy charges.
    10 Minimum Account Balance for the first 12 policy years is equal to a total of 24 months of Regular Premium at policy issuance. The Minimum Account Balance will become USD3,000
       thereafter or such amount as determined by the Company from time to time.
7
 Illustrative Example 5 (Two partial withdrawals made between policy years 6 and 12)
Now suppose Mr. Chan further withdraws USD40,000 from his account value in year 11, the account value before and after this second
partial withdrawal is USD87,500 and USD47,500 respectively.




When the policy reaches the 12th policy anniversary, we determine the following:


                                                                                           = USD200,000 x (USD120,000 /
      Performance Lock-in Guarantee: Highest single account value amongst
                                                                                             USD150,000) x (USD47,500 /           = USD86,857
      the first 11 policy anniversaries adjusted for the withdrawals made
                                                                                             USD87,500)
                                                                                           = USD30,000 x 5 x 100% x
      No Loss Premium Guarantee: 100% of total premium paid adjusted for the
                                                                                             (USD120,000 / USD150,000) x          = USD65,143
      withdrawals made
                                                                                             (USD47,500 / USD87,500)
      Account value at the 12th policy anniversary                                         −                                      = USD50,250


The Guaranteed Value is USD86,857 (i.e. the higher of        and    ).
Since the Guaranteed Value is higher than the account value recorded at the 12 th policy anniversary, we will credit the difference (                ),
USD36,607 (i.e.  minus ), to Mr. Chan’s account in the form of fund units.

Note: The above example assumes that there have been no premium holiday, premium reductions, Initial Lump Sum Premium and outstanding Regular Premium.




 Illustrative Example 6 (Partial withdrawal made during the first 5 policy years)
Now suppose Mr. Chan has a need to withdraw USD30,000 from his account value in year 4. Since the partial withdrawal is taken during
the first 5 policy years, this will result in the cancellation of the Performance Lock-in Guarantee, No Loss Premium Guarantee and No Lapse
Guarantee. No adjustment will be made to his account value at the 12th policy anniversary.




The illustrative examples are for references only and are not indicative of the future performance of the Plan.




                                                                                                                                                          8
    F requently asked questions about
      AXA Vertex Annuity InvestLife Plan

    Q: How much do I need to start up an AXA Vertex Annuity                             Q: Can I switch between Plan 105 and Plan 100 once my
       InvestLife Plan?                                                                    policy has been issued?
    A: AXA Vertex Annuity InvestLife Plan accepts 5 years of                            A: You have to decide between these options at policy inception.
       premium payment starting from USD250 per month. You                                 Your initial choice cannot be changed later on.
       can also top up your investment with an Initial Lump Sum
       Premium of at least USD10,000 at policy inception.
                                                                                        Q: How do I elect the Annuity Benefit Option?
                                                                                        A: To elect this option, you simply need to complete and return
    Q: What regular charges will I have to pay for my policy                               our Annuitisation election form within the time limit specified
       before Annuitisation?                                                               in the section on Conditions and Timing for Annuitisation.
    A: A Policy Maintenance Fee is levied throughout the life of the                       Please note that your election is irrevocable once accepted by
       policy. A Guarantee Charge will be levied until the end of                          us. An Annuitisation Confirmation will be issued to you upon
       policy year 12, termination of the policy or cancellation of the                    Annuitisation of your policy.
       Guaranteed Value feature, whichever is the earliest. If you
       choose the capital protection life benefit option in your policy,
       an Insurance Charge will also be levied. Please refer to the
       Charges Schedule section for more details.


    Q: What other charges will I have to pay for my policy after
       Annuitisation?
    A: Upon Annuitisation, a Conversion Charge is levied. After
       Annuitisation, only an Annuity Charge is payable throughout
       the life of the policy. Please refer to the Charges Schedule
       section for more details.


    Q: What are the differences between Plan 105 and Plan 100?
    A: Plan 105 and Plan 100 are different in 3 key areas: No Loss
       Premium Guarantee, fund allocation requirements for
       premium payment and Policy Charges.



                                                                           Plan 105                                          Plan 100
          No Loss Premium Guarantee
          No Loss Premium Guarantee                           105% of total premium paid4                          100% of total premium paid4
          Fund Allocation Requirements for Premium Payment
          Maximum allocation in Selected Funds         Investment in Selected Funds is not allowed                             25%
                                                                                                                           45% - 70%
          Maximum allocation in Equity Funds                                 50%                                  (depending on your allocation in
                                                                                                                 Selected Funds and Bond Funds)
          Minimum allocation in Bond Funds                                   50%                                               30%
          Policy Charges
          Guarantee Charge percentage                                      2.75% p.a.                                       3.2% p.a.
          Annuity Charge percentage                                        2.75% p.a.                                       3.2% p.a.




9
G eneral
  information
 Policy Currency                                                                 Surrender of the Policy
 •   AXA Vertex Annuity InvestLife Plan is available in US                       •   You may surrender your policy to us in exchange for the
     Dollars.                                                                        surrender value of the policy subject to the receipt of:
                                                                                     (i)   your valid written application in the form specified by
 Cooling-off Period                                                                        us from time to time; and
                                                                                     (ii) the original policy contract.
 •   If for any reason you are not completely satisfied with
     your AXA Vertex Annuity InvestLife Plan policy, you may                     •   The surrender value of your policy will be calculated on
     return the policy and request the policy’s cancellation                         the basis of the account value less any Early Encashment
     within 14 days of its issue date, or 21 days from the                           Charge and any outstanding policy charges. Please refer
     application date or 5 days* from the date of delivery of                        to the Charges Schedule for full details of these charges.
     the policy or a notice informing you/your representative
     of the availability of the policy and the expiry date of the
     cooling-off period, whichever is later. AXA will then refund
                                                                                 Transfer of Ownership
     you all premiums you have paid less any market value                        •   The Owner may not change the ownership of, or assign,
     adjustment based on any loss we may suffer in realising                         his/her policy.
     assets acquired by the premiums you have contributed.
     *   With regard to the delivery of the Policy or notice, the 5-day period
         will be counted from the date of delivery of the policy or notice
                                                                                 Proof of Survival
         (whichever is earlier).                                                 •   Before annuitising the policy or paying the Lifetime
                                                                                     Annuity Income, the Company will request the Insured
                                                                                     to provide valid proof that the Insured is living, with
 Grace Period                                                                        signatures of at least 2 witnesses.
 •   During the first 24 months of the policy, you are allowed a                 •   The Insured will need to provide to the Company valid
     grace period of 31 days after each Payment Due Date for                         proof of his/her survival in order to receive payment of
     payment of Regular Premium. The policy will continue to                         the Lifetime Annuity Income.
     be in effect during the grace period. If Regular Premium
     remains unpaid at the end of such grace period, the
     policy will cease to be in effect from the date on which                    Termination
     the unpaid Regular Premium is first due.
                                                                                 •   The policy will automatically terminate:
 •   After 24 months of the policy but before the expiry of the
                                                                                     (i)   on the date on which the surrender of the policy is
     premium payment period,
                                                                                           approved; or
     (i) provided that the No Lapse Guarantee is still in effect,
                                                                                     (ii) on the death of the Insured; or
         you are allowed a grace period of 31 days after each
         Payment Due Date for payment of Regular Premium.                            (iii) if a Regular Premium and/or policy charges remain
         The policy will continue to be in effect during the                               outstanding after the applicable grace period for
         grace period. If Regular Premium remains unpaid at                                payment in accordance with the Grace Period section; or
         the end of such grace period, the Guaranteed Value                          (iv) if the account value falls below the Minimum Account
         feature and No Lapse Guarantee will cease to be                                  Balance10 as a result of a partial withdrawal; or
         applicable from that date. Policy charges (other than                       (v) if the account value records a zero balance or is
         the Guarantee Charge) shall continue to be deducted                             insufficient to cover the applicable policy charges
         from the account value as and when they fall due, and                           when due before Annuitisation.
         the policy will continue until terminated in accordance
                                                                                 •   Notwithstanding the above, the policy will remain
          with paragraph(ii) below; and
                                                                                     effective if and for so long as the No Lapse Guarantee
     (ii) following the cancellation of the No Lapse Guarantee,                      remains in force.
          if the Regular Premium due immediately prior to the
                                                                                 •   We may terminate the policy at any time if in our opinion
          Policy Charges Due Date remains outstanding, and
                                                                                     your ownership of the policy is likely to impose any
          the account value is insufficient to cover the relevant
                                                                                     regulatory or tax obligation on us that we would not
          policy charges, you are allowed a grace period of 31
                                                                                     otherwise be subject to.
          days after the Policy Charges Due Date for payment
                                                                                 •   Upon termination, you will be entitled to receive the
          of the outstanding Regular Premium. The policy will
                                                                                     account value less the outstanding policy charges (if
          continue to be in effect during the grace period. If
                                                                                     any) in accordance with the policy or the life benefit,
          such outstanding Regular Premium remains unpaid at
                                                                                     whichever the case may be.
          the end of such grace period, the policy will cease to
          be in effect from that date. In any event, the account                 •   Once terminated, your policy will no longer remain in
          value will be reduced by the relevant policy charges                       effect and cannot be reinstated.
          due in accordance with the terms of the policy so
          that the policy will be in effect for the longest period.
          Any policy charges deducted in accordance with the
          terms of the policy will not be refunded.
 •   Any overdue policy charges will be deducted from the life
     benefit proceeds and other benefits payable under the
     policy.
                                                                                                                                                     10
     Valuation and Unit Pricing
     •   The valuation and unit pricing principles in relation to               •   The Company may also at its absolute discretion limit the
         purchase, redemption, switching, withdrawal or other dealings              number of units of an investment fund redeemed on any
         of units as described below are notional in nature and are                 dealing day (whether for a specific policy or otherwise) to
         solely for the purpose of determining the Account Value of                 10% of the aggregate number of outstanding units of the
         the policy. We may use the premium received to purchase                    investment fund on such dealing day (disregarding any units
         units in the relevant investment funds or to make such other               which are to be purchased on such dealing day). In such case,
         investments as we may consider necessary.                                  the limitation will apply pro rata so that owners of policies to
     •   Units of an investment fund will be purchased for the policy at            which units have been allocated who wish to have their units
         the offer price of the investment fund on the relevant dealing             redeemed on that dealing day will have the same proportion
         day, subject to the payment of the fees and charges imposed                of such units redeemed. Units not redeemed will be carried
         by or on behalf of the investment fund on the purchase of its              forward for redemption subject to the same limitation on the
         units (if any). Fractions of less than one-ten thousandth of a             next dealing day.
         unit will not be credited to the policy*.                              •   In the above cases, fund allocation, fund switching and
     •   Units of an investment fund will be redeemed for the policy at             payment on a partial withdrawal, surrender or death will be
         the bid price of the investment fund on the relevant dealing               suspended or deferred.
         day. The fees and charges imposed by or on behalf of the
         investment fund on the redemption of its units (if any) will
                                                                                Governing Law
         be deducted from the proceeds of the relevant redemption.
         Fractions of less than one-ten thousandth of a unit will not be        •   The policy is issued under and will be construed in
         deducted from the policy*.                                                 accordance with the laws of Hong Kong.
     •   The account value of the policy on any day will be calculated
         using the bid prices of units as at that day (if it is a dealing day
                                                                                Taxation
         for the relevant units) or the immediately preceding dealing
         day (if that day is not a dealing day for the relevant units) and      •   Taxation consequences of investing in the Plan depend on
         will be rounded down to two decimal places*.                               the applicable tax laws of your particular situation. You
                                                                                    are recommended to seek professional advice about your
     •   The unit prices of investment funds follow those as
                                                                                    particular taxation consequences.
         determined by the investment managers and will not be
         rounded up or down by the Company. In case of any change,
         you will be notified by the Company. You should refer to the           Application
         offering documents of the investment funds for full details of
                                                                                •   AXA Vertex Annuity InvestLife Plan is available to people aged
         the calculation of unit prices of such investment funds and the
                                                                                    from 33 to 70 years (any ages mentioned in the Principal
         fees and charges (if any) levied on the purchase or redemption
                                                                                    Brochure refer to the age of the Insureds on their last
         of units. Copies of the offering documents are made available
                                                                                    birthday).
         by the Company.
                                                                                •   To apply for AXA Vertex Annuity InvestLife Plan, simply
     •   The Company may at its sole discretion suspend the valuation
                                                                                    complete and return the application form to us with the initial
         of an investment fund and/or the purchase of units and/or the
                                                                                    premium you wish to invest.
         redemption of units of the relevant investment fund for the
         whole or any part of any period during which:                          •   The Company reserves the right to accept or decline any
                                                                                    applications for AXA Vertex Annuity InvestLife Plan based
         (i) dealings in the investment fund are suspended or
                                                                                    on the information provided by the Proposed Insured during
             restricted in any manner; or
                                                                                    application.
         (ii) circumstances exist as a result of which, in the opinion of
              the Company, it is not reasonably practicable to transact
              or realise any investment or assets held by the investment
              fund or the Company; or
         (iii) the remittance or repatriation of funds which will or may
               be involved in the realisation of any investment or assets,
               or the redemption of units is delayed or cannot, in the
               opinion of the Company, be carried out promptly at normal
               rates of exchange.
         *   The rounded up difference will be accrued to the Company.




11
  C harges
    Schedule
The current charges of AXA Vertex Annuity InvestLife Plan are as follows:

                                                                             Charges on Policy
  Premium              • A Premium Charge will be deducted from any Initial Lump Sum Premium you pay at policy inception. The balance will be
  Charge                 allocated to the investment funds you select.
                       • The Premium Charge will be 5% of the Initial Lump Sum Premium.
                       • No Premium Charge will be imposed in respect of Regular Premium.
  Policy               • A Policy Maintenance Fee will be deducted from the account value on a monthly basis in advance in the form of unit
  Maintenance            redemptions.
  Fee11                • The monthly Policy Maintenance Fee is 1/12 of the applicable per annum Policy Maintenance Fee percentage (as shown in the
                         table below) multiplied by the Annualized Regular Premium12 at policy issuance.
                                                                      Policy Maintenance Fee percentage
                                   Policy year 1 - 12                             9.75% p.a.
                              Policy year 13 and onwards                            5% p.a.
                       • The monthly Policy Maintenance Fee will be payable for the life of the policy or until Annuitisation, whichever is earlier.
                       • Once the policy is effective, the Policy Maintenance Fee for that policy will remain unchanged during the first 12 policy years.
  Guarantee            • A Guarantee Charge will be deducted from the account value on a monthly basis in advance in the form of unit redemptions.
  Charge11             • The monthly Guarantee Charge is 1/12 of the applicable per annum Guarantee Charge percentage (as shown in the table
                         below) multiplied by the account value as of the charge due date.
                                                                          Guarantee Charge percentage
                                          Plan 105                                 2.75% p.a.
                                          Plan 100                                  3.2% p.a.
                       • The monthly Guarantee Charge will be payable till the policy’s 12th anniversary, termination of the policy, or termination of the
                         Performance Lock-in Guarantee and No Loss Premium Guarantee, whichever is earlier.
                       • The Guarantee Charge percentage will remain unchanged once the policy is effective.
  Insurance            • If you choose the capital protection life benefit option, an Insurance Charge will be deducted from the account value on a
  Charge11               monthly basis in advance in the form of unit redemptions.
                       • The monthly Insurance Charge is 1/12 of the Insurance Charge rate multiplied by the capital protection value. The Insurance
                         Charge rate shall be determined by the Company at its absolute discretion.
                         Capital protection value is equal to 101% of total premium paid# (total Regular Premium plus Initial Lump Sum Premium (if any)
                         paid) less all partial withdrawals# less 101% of the account value#.
                           # As of the due date for payment of the Insurance Charge.

                       • If the capital protection value so calculated is less than zero, no Insurance Charge will be applied.
                       • The Insurance Charge rate will be determined by the Company with reference to the Insured’s attained age, sex and smoking
                         habits and may vary throughout the term of the policy. The actual Insurance Charge applicable to the Insured will be shown in
                         the proposal.
                         The Insurance Charge rate per annum (percentage of capital protection value) shown below is provided for your reference only:
                            Attained age       Male             Female                                  Attained age       Male             Female
                             of Insured Non-smoker Smoker Non-smoker Smoker                              of Insured Non-smoker Smoker Non-smoker Smoker
                                  30      0.150%    0.161%  0.118%   0.120%                                   60      1.287%    2.580%  0.631%   1.249%
                                  40      0.234%    0.314%  0.195%   0.252%                                   70      2.662%    5.372%  1.501%   2.906%
                                  50      0.509%    0.862%  0.295%   0.480%                                   80      5.399%    10.228% 3.959%   7.121%
                       • The Insurance Charge will not be payable after the policy is annuitised.
  Switching Fee        • A maximum of 6 free fund switches is allowed per policy year. A Switching Fee of up to 1% of the amount being switched will
                         be levied on all subsequent fund switches.
  Early                • An Early Encashment Charge will be levied upon surrender or termination of the policy (other than on the death of the Insured)
  Encashment             prior to the 9th policy anniversary. For avoidance of doubt, partial withdrawal that results in the remaining account value falling
  Charge                 below the Minimum Account Balance10 will lead to the termination of policy.
                       • Early Encashment Charge = Early Encashment Charge percentage x Total amount of Regular Premium committed at policy
                         inception to be paid for the first 5 policy years
                       • The applicable Early Encashment Charge percentage will differ depending on the year in which the policy is surrendered or
                         terminated as follows:
                                                                               Early Encashment Charge percentage
                               Policy year                                                                  Partial withdrawal
                                                  Surrender / Termination           (provided the remaining account value after partial withdrawal is
                                                                                          equal to or higher than Minimum Account Balance10 )
                                     1                        16%
                                     2                        16%
                                     3                        14%
                                     4                        12%
                                     5                        10%                                             Not Applicable
                                     6                         8%
                                     7                         6%
                                     8                         4%
                                     9                         2%

  Conversion           • Upon Annuitisation, a Conversion Charge will be deducted from the account value in the form of unit redemptions.
  Charge               • The Conversion Charge will be the applicable Conversion Charge percentage (as shown in the table below) of the account
                         value at that time.
                                                                         Conversion Charge percentage
                                         Plan 105                                    5%
                                         Plan 100                                    5%

11 During the first 24 months of the policy, the relevant policy charges will be paid by deduction from the account value only when we receive the Regular Premium in cleared funds.
12 Annualized Regular Premium is the amount of Regular Premium at policy issuance expressed on a monthly basis multiplied by 12.                                                       12
          Annuity            • After Annuitisation, an Annuity Charge will be deducted from the account value on a monthly basis in advance in the form of
          Charge               unit redemptions.
                             • The monthly Annuity Charge is 1/12 of the applicable per annum Annuity Charge percentage (as shown in the table below)
                               multiplied by the account value as of the charge due date.
                                                                             Annuity Charge percentage
                                              Plan 105                               2.75% p.a.
                                              Plan 100                                3.2% p.a.
                             • The monthly Annuity Charge will be payable for the life of the policy.
                             • The Annuity Charge percentage will remain unchanged after Annuitisation.

                                                                     Charges on Investment Funds
          Fund               • The Fund Management Charges for the investment funds (currently range from 1.05% p.a. to 2% p.a.) and are detailed in each
          Management           fund’s offering document. Such charges will be reflected in the fund prices and may vary from one investment fund to another.
          Charges              Please refer to the Investment Fund Choice leaflet for a summary of the Fund Management Charges for the various investment
                               funds.
          Bid-offer          • Currently there is no Bid-offer spread.
          Spread

          Other              • All investment funds covered are subject to the fees and charges levied by the investment managers and other service
          Charges              providers of the investment funds, as set out in their corresponding offering document. Such fees, charges and costs (if any)
                               will be reflected in the fund prices and may vary from one investment fund to another. Copies of the offering documents are made
                               available by the Company.
        AXA will give you a minimum of 3 months’ (or such shorter period as agreed with the Securities and Futures Commission) prior written notice
        of any change to the above policy charges / fund management charges, or the imposition of new charges.



                                                                             Parties Involved
                                                           Insurance Company
                                         AXA China Region Insurance Company (Bermuda) Limited
                                             (Incorporated in Bermuda with limited liability)
                                                                              Hong Kong Office
                                                         19/F, AXA Centre, 151 Gloucester Road, Wanchai, Hong Kong

                                                          Investment Managers of Underlying Funds
                           For information on the underlying investment managers of the investment funds, please refer to the accompanying
                                                                    Investment Fund Choice leaflet.


     AXA Vertex Annuity InvestLife Plan has been authorized by the Securities and Futures Commission. Such authorization does not imply
     official recommendation.
     AXA China Region Insurance Company (Bermuda) Limited accepts responsibility for the accuracy of the information shown in this Principal
     Brochure at the date of publication. Neither the delivery of this Principal Brochure nor the agreement to issue the policy shall constitute a
     representation that the information contained in this Principal Brochure is correct as of any time subsequent to such date.
     This Principal Brochure contains general information only. It is not a policy. For detailed terms, conditions, exclusions and charges, please
     refer to the policy itself.
     Investment involves risks. Each investment fund is subject to market and exchange rate fluctuations and to risks inherent in all
     investments. The prices of units of any investment fund and the income accrued from investing in such investment fund may go down
     as well as up.
     While your financial consultant may provide you with factual information as stated in publications authorized by the Company, you should
     make your decision (including but not limited to fund allocation) based on YOUR OWN judgment and personal circumstances. Please seek
     independent professional advice if you have any questions regarding this product.

     Brought to you by AXA, the world’s second largest insurer13
     The world’s second largest insurer, the AXA Group is an expert in investment-linked guarantees products worldwide. Our strong risk
     management program offers a competitive global product advantage. As of 2007, the AXA Group has successfully launched investment-
     linked products with guarantees and/or annuity features in a number of countries including Australia, France, Germany, Japan and the United
     States.

     13 In 2007, ranked 15th in the FORTUNE GLOBAL 500® survey of "The World's Largest Corporations"; 1st in the "Insurance: Life, Health (stock)"category; and 2nd in the list of
        "France's Largest Corporations" (Source: Ranked by revenues on FORTUNE GLOBAL 500®, FORTUNE® magazine Vol.157, No.2, July 21, 2008).


       AXA China Region is a part of AXA Asia Pacific Holdings, a member of the global AXA Group, a worldwide leader in
       financial protection and wealth management. AXA has a history dating back to the early 19th century and commenced
       business in Hong Kong in 1986. AXA secures the future of 52 million people around the world. One million people in
       Hong Kong and Macau trust AXA to protect their families.

                                               AXA China Region Insurance Company (Bermuda) Limited
                                                   (Incorporated in Bermuda with limited liability)
                                                          19/F, AXA Centre, 151 Gloucester Road, Wanchai, Hong Kong
                                    AXA Citigold Tel: (852) 2506 2682          AXA Citibanking Tel: (852) 2506 2683           Fax: (852) 2598 9227
                                                                              Website: www.axa.com.hk
                                                                                                               (Only for use in the Hong Kong Special Administrative Region)
13
                                                                                                                                                              January 2009
 This document forms part of and is issued and should be read together with the Principal Brochure of AXA Vertex Annuity InvestLife Plan.




AXA Vertex Annuity InvestLife Plan
                                                                  Investment Fund Choice                                                    LMKG315-0901
3 December 2009


Dear Valued Customer,

AXA Vertex Annuity InvestLife Plan (the “Plan”)
We write to inform you of the following change to an investment option provided under the Plan.

Change of Investment Policy of the Underlying Fund of Franklin U.S. Equity Fund
With effect from 30 November 2009, the investment policy of Franklin U.S. Equity Fund (the “Underlying Fund”), the underlying fund of the investment
option with an identical name under the Plan, will be amended.

Under the investment objectives and policies of the Underlying Fund, the sentence “No more than 10% of the Fund’s total net assets will be invested into
non-investment grade securities as de ned by an accredited rating agency.” shall be deleted.

Notwithstanding the above-mentioned change, the investment manager does not currently intend to invest more than 10% of the Underlying Fund’s total net
assets into non-investment grade securities as de ned by an accredited rating agency.

However, the investment manager of the Underlying Fund may invest more than 10% of the Underlying Fund’s total net assets into non-investment grade
securities as de ned by an accredited rating agency in the future. Please refer to the Appendix for detail explanation of the risks associated with investment in
low-rated or non-investment grade securities, which can also be found in the Hong Kong Explanatory Memorandum of Franklin Templeton Investment Funds.

Please note that the investment objective of the Underlying Fund remains unchanged.

Investment involves risk. For details regarding the Plan and its investment options, please refer to the Principal Brochure of the Plan. For
details including risk factors and charges of the underlying funds, please refer to the offering documents of the underlying funds which are
made available by AXA China Region Insurance Company (Bermuda) Limited.

We strongly recommend you to review your policy and current investment option selection. If you have any questions, please feel free to call our customer
service hotline on (852) 2506 2682 (AXA Citigold) or (852) 2506 2683 (AXA Citibanking).


Yours sincerely,

AXA China Region Insurance Company (Bermuda) Limited (Incorporated in Bermuda with limited liability)


This is a computer-generated document. No signature is required.




                                                                                                                                                              FRANKLIN-122009
Appendix
(Extract from Hong Kong Explanatory Memorandum of Franklin Templeton Investment Funds)

Low-Rated or Non-investment Grade Securities risk
Some funds may invest in higher-yielding securities rated lower than investment grade. Accordingly, an investment in these funds is
accompanied by a higher degree of credit risk. Below investment grade securities such as, for example, high yield debt securities, may be
considered a high risk strategy and can include securities that are unrated and/or in default. Lower-quality, higher-yielding securities may
also experience greater price volatility when compared to higher-quality, lower-yielding securities. Additionally, default rates tend to rise for
companies with poorer rated securities during economic recessions or in times of higher interest rates. Companies issuing high yield debt
securities are not as strong nancially and their low creditworthiness may increase the potential for their insolvency. The companies are
more likely to encounter nancial dif culties and are more vulnerable to changes in the economy, such as a recession or a sustained period
of rising interest rates that could affect their ability to make interest and or principal payments.




                                                                                                                                              FRANKLIN-122009
3 December 2009



Dear Valued Customer,

AXA Apex InvestLife Plan /
AXA Apex Select InvestLife Plan /
AXA Vertex Annuity InvestLife Plan (the "Plan")

We write to inform you of the following change to an investment option provided under the Plan.

Change of Management Fee of Underlying Fund of AllianceBernstein -
Global Growth Trends Portfolio
With effect from 1 September 2009, the management fee of the underlying fund of the investment
option AllianceBernstein - Global Growth Trends Portfolio was changed as set out below:

                   Management Fee of Underlying Fund of AllianceBernstein -
                              Global Growth Trends Portfolio
  Previous Fee            1.70% p.a.

  New Fee                 1.70% p.a.
                          with respect to the first US$1,250,000,000 of the net assets of the
                          underlying fund

                          1.50% p.a.
                          with respect to the amount of net assets of the underlying fund which
                          is over US$1,250,000,000

Depending on the size of the underlying fund, the consecutive fee levels may result in lower
management fee being payable out of the assets of the underlying fund.

Investment involves risk. For details regarding the Plan and its investment options, please
refer to the Principal Brochure of the Plan. For details including risk factors and charges of
the underlying funds, please refer to the offering documents of the underlying funds which are
made available by AXA China Region Insurance Company (Bermuda) Limited.

We strongly recommend you to review your policy and current investment option selection. If you
have any questions, please feel free to call our customer service hotline on (852) 2506 2682 (AXA
Citigold) or (852) 2506 2683 (AXA Citibanking).



Yours sincerely,

AXA China Region Insurance Company (Bermuda) Limited
(Incorporated in Bermuda with limited liability)
                                                                                                    AB-122009




This is a computer-generated document. No signature is required.
21 October 2009



Dear Valued Customer,

AXA Apex InvestLife Plan /
AXA Apex Select InvestLife Plan /
AXA Vertex Annuity InvestLife Plan (the "Plan")

We write to inform you of the following change to an investment option provided under the Plan.

Change to Fund Management Charge of BlackRock Global Funds -
Emerging Europe Fund
As informed by the Board of Directors of BLACKROCK GLOBAL FUNDS, its directors have decided
to amend the prospectus to allow for a reduction in the fund management charge of the BlackRock
Global Funds - Emerging Europe Fund (the underlying fund of an investment option with an identical
name under the Plan) with effect from 9 October 2009. To stay in line with the above change, please
note that the reference to the fund management charge of this underlying fund in the Investment
Fund Choice leaflet of the Plan will be amended accordingly as follows:

       Fund Management Charge of BlackRock Global Funds - Emerging Europe Fund
                     Pre-change                                    Post-change
                   2.00% per annum                              1.75% per annum

Investment involves risk. For details regarding the Plan and its investment options, please
refer to the Principal Brochure of the Plan. For details including risk factors and charges of the
underlying funds, please refer to their offering documents which are made available by AXA
China Region Insurance Company (Bermuda) Limited.

We strongly recommend you to review your policy and current investment option selection.
If you have any questions, please feel free to call our customer service hotline on 2506 2682 (AXA
Citigold) or 2506 2683 (AXA Citibanking).



Yours sincerely,

AXA China Region Insurance Company (Bermuda) Limited
(Incorporated in Bermuda with limited liability)
                                                                                                      BLACKROCK-102009




This is a computer-generated document. No signature is required.
24 August 2009

Dear Customer,

AXA Vertex Annuity InvestLife Plan (the “Plan”)
We write to inform you of the following changes to Baring Hong Kong China Fund (the “Underlying Fund”), the underlying fund of an investment option with an identical name
provided under the Plan.
The changes below have been effective since 2 February 2009.
1. Name Change for Unit Class of Baring Hong Kong China Fund
   The unit class of Baring Hong Kong China Fund has been re-designed as “A Class”.
   To stay in line with the above change, please note that the reference to the share class of the Underlying Fund in the Investment Fund Choice lea et of the Plan will be amended
   as “A Class”.
2. Extraordinary Market Conditions Provisions
   The following wording has been added to the section “Investment Policy: General” of the prospectus of the Underlying Fund to describe provisions which may enable the
   Underlying Fund to mitigate market risk due to extraordinary market conditions:
  “Where the investment policy of a Fund requires a particular percentage to be invested in a speci c type or range of investments, such requirement will not apply under
  extraordinary market conditions and is subject to liquidity and/or market risk hedging considerations arising from the issuance, switching or redemption of Units. In particular,
  in aiming to achieve a Fund’s investment objective, investment may be made into other transferable securities than those in which the Fund is normally invested in order to
  mitigate the Fund’s exposure to market risk. For example, during such periods, the Fund may invest in cash, deposits, treasury bills or short-term money market instruments as
  understood by reference to the UCITS Regulations.”
3. Changes of Investment Policy of the Underlying Fund
   i) The wording in the investment policy section of the prospectus has been amended to emphasize that the Underlying Fund will invest in equity and equity-related securities of
       companies incorporated in the region which represents the geographic focus of the fund.
   ii) In addition, the wording in the investment policy section of the prospectus requiring the Underlying Fund to invest at least 70% of its total assets to re ect its name and
       investment objectives has been slightly revised in order to comply with the Swiss regulatory requirements but will not impact on how the Underlying Fund is managed.
Please refer to the table below for details and the wordings relating to the amendments mentioned above are underlined for your easy reference:

                   Pre-change                                                                          Post-change

 Investment        The policy of the Managers is to hold a portfolio of quoted or traded equity        The objective of the Managers for the Fund is to achieve long-term capital
 Policy of         investments in companies incorporated in Hong Kong or China or quoted               growth in the value of assets.
 Underlying        or traded on any Hong Kong or China stock exchange or in companies that             The Fund will seek to achieve its investment objective by investing at least
 Fund              have a signi cant proportion of their assets or other interests in Hong Kong or     70% of its total assets at any one time in equities and equity-related securities
                   China. The Managers may also invest in companies incorporated in Taiwan or          of companies incorporated in Hong Kong or China, or in companies exercising
                   quoted on the Taiwan stock exchange or in companies that have a signi cant          the predominant part of their economic activity in Hong Kong or China. A
                   proportion of their assets or other interests in Taiwan. The portfolio will be      description of equity-related securities is described under the section headed
                   balanced according to the Managers' assessment of investment prospects              “Investment Policy: General”. For this purpose, total assets exclude cash and
                   but may, depending upon the underlying investment conditions, emphasize             ancillary liabilities.
                   investment in companies operating in those sectors of the Hong Kong or
                   China economies that, in the Managers' opinion, provide the determinants            The Managers may also invest in companies incorporated in Taiwan or
                   for Hong Kong's or China's economic growth such as those involved in                quoted on the Taiwan stock exchange or in companies that have a signi cant
                   international trade, property and construction activity, engineering, electronics   proportion of their assets or other interests in Taiwan. The portfolio will be
                   or the service sectors.                                                             balanced according to the Managers' assessment of investment prospects
                                                                                                       but may, depending upon the underlying investment conditions, emphasize
                   The Fund may invest in various FDIs as detailed under the section headed            investment in companies operating in those sectors of the Hong Kong or
                   “Efficient Portfolio Management and Financial Derivative Instruments” for           China economies that, in the Managers' opinion, provide the determinants
                   investment purposes or for ef cient portfolio management in accordance with         for Hong Kong's or China's economic growth such as those involved in
                   the requirements of the Financial Regulator.                                        international trade, property and construction activity, engineering, electronics
                   As long as this Fund is distributed in Switzerland and / or Hong Kong, its          or the service sectors.
                   investment policy will be to invest not less than 70% of the assets of the Baring   The Fund may invest in various FDIs as detailed under the section headed
                   Hong Kong China Fund, at any one time, in securities issued by companies            “Efficient Portfolio Management and Financial Derivative Instruments” for
                   incorporated in Hong Kong or China, or which have a signi cant proportion of        investment purposes or for ef cient portfolio management in accordance with
                   their assets or other interests in Hong Kong or China, or which carry on their      the requirements of the Financial Regulator.
                   principal business in or from Hong Kong or China.
                                                                                                       The base currency of the Fund is US dollars.
                   The base currency of the Fund is US dollars.

To re ect the above changes of the investment policy, the investment objective of the Underlying Fund is changed accordingly with immediate effect and the Investment Fund
Choice lea et of the Plan will be updated to re ect the changes as follows:

                   Pre-change                                                                          Post-change

 Investment        The objective for the fund is to achieve long-term capital growth through           The objective of the fund is to achieve long-term capital growth in the value of
 Objective of      investment in Hong Kong and China equity markets. The Managers may also             assets.
 Underlying        invest in companies incorporated in Taiwan or quoted on the Taiwan stock            The fund will seek to achieve its investment objective by investing at least 70%
 Fund              exchange or in companies that have signi cant proportion of their assets or         of its total assets at any one time in equities and equity-related securities of
                   other interests in Taiwan.                                                          companies incorporated in Hong Kong or China, or in companies exercising
                                                                                                       the predominant part of their economic activity in Hong Kong or China.
                                                                                                       It may also invest in companies incorporated in Taiwan or quoted on the
                                                                                                       Taiwan stock exchange or in companies that have a signi cant proportion of
                                                                                                       their assets or other interests in Taiwan.


If you are an investor of Baring Hong Kong China Fund, no action is required if you accept the above changes. If you, however, do not accept the changes, you may choose
to switch your existing units in Baring Hong Kong China Fund and redirect your future investment allocation to other investment option(s) under the Plan free of switching charge
at any time up to 30 September 2009, 5:00 p.m. This free switching is additionally offered, which is not counted into your rst 6 free fund switches under the Plan in the current
policy year.
Investment involves risk. For details regarding the Plan and its investment options, please refer to the Principal Brochure of the Plan. For details including risk factors
and charges of the underlying funds, please refer to their offering documents which are made available by AXA China Region Insurance Company (Bermuda) Limited.
We strongly recommend you to review your policy and current investment option selection. If you have any questions, please feel free to call our customer service hotline on
2506 2682 (AXA Citigold) or 2506 2683 (AXA Citibanking).
                                                                                                                                                                                      BARING-082009




Yours sincerely,
AXA China Region Insurance Company (Bermuda) Limited
(Incorporated in Bermuda with limited liability)

This is a computer-generated document. No signature is required.
    AXA	 offers	 you	 a	 wide	 spectrum	 of	 funds	 across	 various	 financial	 instruments	 and	 sectors	 managed	 by	
    professionals	to	suit	your	own	investment	appetite.
    Our	fund	varieties	have	been	specially	chosen	to	give	you	greater	growth	potential.	These	funds	are	equity	and	
    bond	 funds	 investing	 in	 particular	 countries,	 regions	 or	 sectors	 that	 will	 make	 it	 easier	 for	 you	 to	 create	 the	
    investment	mix	best	suited	to	your	long-term	financial	goals.



     A Comprehensive Range of Investment Fund Choices
                                                                         SELECTED FUNDS
                                                                                                                                                                     Fund
                                          Share                      Fund          Fund                                                               Fund        Management
                 Fund Name                             Currency                                             Investment Objective
                                          Class                      Code         Manager                                                           Category        Charge
                                                                                                                                                                   (% p.a.)^

           1.     Baring Hong Kong      Distribution     USD        BHKCF       Baring Asset     The objective for the Fund is to achieve long-     Regional        1.25%
                  China Fund*                                                   Management       term capital growth through investment in Hong     Equities
                                                                                Limited          Kong and China equity markets. The Managers
                                                                                                 may also invest in companies incorporated in
                                                                                                 Taiwan or quoted on the Taiwan stock exchange
                                                                                                 or in companies that have significant proportion
                                                                                                 of their assets or other interests in Taiwan.

           2.     BlackRock                 A2           USD        MMMUE       BlackRock        The Fund seeks to maximise total return. The       Regional        2.00%
                  Global Funds –                                                                 Fund invests at least 70% of its total assets in   Equities
                  Emerging Europe                                                                the equity securities of companies domiciled
                  Fund#                                                                          in, or exercising the predominant part of their
                                                                                                 economic activity in, developing European
                                                                                                 countries. It may also invest in companies
                                                                                                 domiciled in and around, or exercising the
                                                                                                 predominant part of their economic activity in
                                                                                                 and around, the Mediterranean region.

           3.     BlackRock                 A2           USD       MMMWM        BlackRock        The Fund seeks to maximise total return.            Sector         1.75%
                  Global Funds –                                                                 The Fund invests globally at least 70% of its
                  World Mining                                                                   total assets in the equity securities of mining
                  Fund#                                                                          and metals companies whose predominant
                                                                                                 economic activity is the production of base
                                                                                                 metals and industrial minerals such as iron ore
                                                                                                 and coal. The Fund may also hold the equity
                                                                                                 securities of companies whose predominant
                                                                                                 economic activity is in gold or other precious
                                                                                                 metal or mineral mining. The Fund does not
                                                                                                 hold physical gold or metal.

           4.     Fidelity Funds –           A           USD         FISS2      FIL Fund         The Fund invests principally in special            Regional        1.50%
                  Asian Special                                                 Management       situations stocks and smaller growth companies     Equities
                  Situations Fund*                                              Limited          in Asia, excluding Japan. Special situations
                                                                                                 stocks generally have valuations which are
                                                                                                 attractive in relation to net assets or earnings
                                                                                                 potential with additional factors which may have
                                                                                                 a positive influence on the share price. Up to
                                                                                                 25% of the portfolio can consist of investments
                                                                                                 other than special situations stocks and smaller
                                                                                                 growth companies.

           5.     Fidelity Funds –           A           USD         FIEM2      FIL Fund         The Fund invests principally in areas              Regional        1.50%
                  Emerging Markets                                              Management       experiencing rapid economic growth including       Equities
                  Fund*                                                         Limited          countries in Latin America, South East Asia,
                                                                                                 Africa, Eastern Europe (including Russia) and
                                                                                                 the Middle East.

	     	         Allocation	of	Regular	Premiums	or	account	value	upon	Annuitisation	to	these	Selected	Funds	are	subject	to	restrictions	as	stated	in	the	Principal	Brochure	of	
                AXA	Vertex	Annuity	InvestLife	Plan.	Switching	money	to	these	Selected	Funds	is	not	allowed.
	    *	         In	general,	fluctuation	in	the	performance	of	emerging	markets	is	normally	higher	as	it	tends	to	be	more	volatile	than	other	developed	markets.
	    #		        The	fund	invests	in	certain	smaller	and	emerging	markets.	The	prospects	for	economic	growth	in	a	number	of	these	markets	are	considerable	and	equity	
                returns	have	the	potential	to	exceed	those	in	mature	markets	as	growth	is	achieved.	However,	there	are	risks	to	the	fund	from	political,	economic,	and	market	
                factors	in	smaller	and	emerging	markets	which	are	of	particular	significance.
	    ^		        The	funds	will	also	be	subject	to	other	fees	and	charges.	For	further	details	and	charges,	please	refer	to	the	prospectus/offering	documents	of	the	relevant	
                underlying	 funds.	 Copies	 of	 the	 corresponding	 prospectus/offering	 documents	 are	 made	 available	 by	 AXA	 China	 Region	 Insurance	 Company	 (Bermuda)	
                Limited.

     1
    A Comprehensive Range of Investment Fund Choices
                                                                    EQUITY FUNDS
                                                                                                                                                            Fund
                                     Share                    Fund              Fund                                                            Fund     Management
           Fund Name                            Currency                                                  Investment Objective
                                     Class                    Code             Manager                                                        Category     Charge
                                                                                                                                                          (% p.a.)^

     1.    AllianceBernstein –         A          USD         AFGGA       AllianceBernstein L.P.   The Portfolio seeks long-term capital       Global        1.70%
           Global Growth                                                                           growth by investing in a global            Equities
           Trends Portfolio                                                                        portfolio of equity securities. The
                                                                                                   Portfolio currently consists of six sub-
                                                                                                   portfolios, each managed by an in-
                                                                                                   house, senior sector analyst-manager.
                                                                                                   Currently, these sectors consist of
                                                                                                   health care, infrastructure, consumer
                                                                                                   growth, information technology, energy
                                                                                                   and natural resources and finance.

     2.    Fidelity Funds –            A          USD         FIAM2       FIL Fund                 The Fund invests principally in U.S.        Single        1.50%
           America Fund                                                   Management Limited       equity securities.                         Country
                                                                                                                                              Equities

     3.    Fidelity Funds –            A          EUR         FIEUM       FIL Fund                 The Fund invests principally in equity     Regional       1.50%
           European Growth                                                Management Limited       securities quoted on European stock        Equities
           Fund                                                                                    exchanges.

     4.    Franklin U.S. Equity      A(acc)       USD         TPUEA       Franklin Templeton       The Fund's investment objective             Single        1.50%
           Fund                                                           Investments              is capital appreciation. It seeks to       Country
                                                                                                   achieve by primarily investing in U.S.     Equities
                                                                                                   equity securities, as well as American
                                                                                                   Depository Receipts and American
                                                                                                   Depository Shares that are listed on the
                                                                                                   major U.S. stock exchanges.

     5.    Templeton European        A(acc)       EUR         TPEUE       Franklin Templeton       The Fund's investment objective is         Regional       1.50%
           Fund                                                           Investments              long-term capital growth. It seeks to      Equities
                                                                                                   achieve by investing in equity and
                                                                                                   debt obligations issued by European
                                                                                                   corporations and governments.

     6.    Templeton Global         A(Ydis)       USD         TPGGF       Franklin Templeton       The Fund's investment objective is          Global        1.50%
           Fund                                                           Investments              long-term capital growth. It seeks to      Equities
                                                                                                   achieve by investing in equity and
                                                                                                   debt obligations of companies and
                                                                                                   governments of any nation.


	     	   Allocation	of	Regular	Premiums	or	account	value	upon	Annuitisation	to	these	Equity	Funds	are	subject	to	restrictions	as	stated	in	the	Principal	Brochure	of	AXA	
          Vertex	Annuity	InvestLife	Plan.
	   ^		   The	funds	will	also	be	subject	to	other	fees	and	charges.	For	further	details	and	charges,	please	refer	to	the	prospectus/offering	documents	of	the	relevant	
          underlying	 funds.	 Copies	 of	 the	 corresponding	 prospectus/offering	 documents	 are	 made	 available	 by	 AXA	 China	 Region	 Insurance	 Company	 (Bermuda)	
          Limited.




                                                                                                                                                                       2
    A Comprehensive Range of Investment Fund Choices
                                                                              BOND FUNDS
                                                                                                                                                                        Fund
                                            Share                     Fund              Fund                                                                Fund     Management
                   Fund Name                           Currency                                                    Investment Objective
                                            Class                     Code             Manager                                                            Category     Charge
                                                                                                                                                                      (% p.a.)^

          1.      AllianceBernstein –         A2          USD         AFOAU       AllianceBernstein L.P.   The Portfolio seeks to achieve high            Regional       1.10%
                  European Income                                                                          current income with the potential for           Bonds
                  Portfolio                                                                                capital appreciation by investing in a
                                                                                                           diversified portfolio of Euro or European
                                                                                                           currency denominated investment grade
                                                                                                           and non-investment grade fixed income
                                                                                                           securities.

          2.      AllianceBernstein –         A2          USD         AFHYA       AllianceBernstein L.P.   The Portfolio seeks to produce high             Global        1.70%
                  Global High Yield                                                                        current income as well as overall total         Bonds
                  Portfolio                                                                                return by investing primarily in a portfolio
                                                                                                           of high yield debt securities of issuers
                                                                                                           located throughout the world, including
                                                                                                           the U.S. and emerging countries.

          3.      Templeton Global           A(acc)       USD         TPGRA       Franklin Templeton       The Fund's investment objective is              Global        1.05%
                  Total Return Fund                                               Investments              to maximise total investment return             Bonds
                                                                                                           consisting of a combination of interest
                                                                                                           income, capital appreciation and current
                                                                                                           gains. It seeks to achieve by investing in
                                                                                                           a portfolio of fixed and floating rate debt
                                                                                                           securities and debt obligations including
                                                                                                           convertible bonds of governments,
                                                                                                           government-related or corporate issuers
                                                                                                           worldwide.

    The	above	fund	information	is	provided	by	the	respective	fund	houses	of	the	underlying	funds.
	         	 Allocation	of	Regular	Premiums	or	account	value	upon	Annuitisation	to	these	Bond	Funds	are	subject	to	restrictions	as	stated	in	the	Principal	Brochure	of	AXA	Vertex	
            Annuity	InvestLife	Plan.
	   ^	         The	funds	will	also	be	subject	to	other	fees	and	charges.	For	further	details	and	charges,	please	refer	to	the	prospectus/offering	documents	of	the	relevant	underlying	
               funds.	Copies	of	the	corresponding	prospectus/offering	documents	are	made	available	by	AXA	China	Region	Insurance	Company	(Bermuda)	Limited.



    Notes:
    1.	        The	above	investment	funds	will	normally	be	available	for	dealing	on	a	daily	basis,	unless	otherwise	specified	by	AXA.
    2.	        Investments	in	investment	funds	denominated	in	non-HKD/USD	are	subject	to	the	risk	of	exchange	rate	fluctuations.
    3.	        For	further	details	of	the	investment	funds	(e.g.,	their	investment	and	borrowing	restrictions,	names	and	addresses	of	the	investment	manager	of	the	investment	
               funds),	please	refer	to	the	corresponding	prospectus/offering	documents	of	the	relevant	underlying	funds.	Copies	of	the	prospectus/offering	documents	are	
               made	available	by	AXA	China	Region	Insurance	Company	(Bermuda)	Limited	(“the	Company”).
    4.			 The	Company	will	give	you	at	least	3	months’	(or	such	shorter	period	as	agreed	with	the	Securities	and	Futures	Commission)	prior	written	notice	for	any	change	
          to	the	fund	management	charges	or	our	determination	that	an	investment	fund	will	cease	to	be	made	available	for	this	plan.

    This document forms part of and is issued and should be read together with the Principal Brochure of AXA Vertex Annuity InvestLife Plan.
    Investment involves risks. Each of the investment funds is subject to market and exchange rate fluctuations and to the risks inherent in all
    investments. The prices of units of any investment fund and the income from them may go down as well as up. Past performance is for
    information only and is not indicative of future performance. Please refer to the prospectus/offering documents of the relevant underlying
    fund for further details and charges. Copies of the corresponding prospectus/offering documents are made available by AXA China Region
    Insurance Company (Bermuda) Limited.
    While	your	insurance	consultant	may	provide	you	with	factual	information	as	stated	in	publications	authorized	by	the	Company,	you	should	make	your	
    fund	allocation	based	on	YOUR	OWN	judgement	and	personal	circumstances.


         AXA China Region is a part of AXA Asia Pacific Holdings, a member of the global AXA Group, a worldwide leader in
         financial protection and wealth management. AXA has a history dating back to the early 19th century and commenced
         business in Hong Kong in 1986. AXA secures the future of 52 million people around the world. One million people in
         Hong Kong and Macau trust AXA to protect their families.


                                                AXA China Region Insurance Company (Bermuda) Limited
                                                    (Incorporated in Bermuda with limited liability)
                                                            19/F,	AXA	Centre,	151	Gloucester	Road,	Wanchai,	Hong	Kong
                                        AXA	Citigold	Tel:	(852)	2506	2682						AXA	Citibanking	Tel:	(852)	2506	2683						Fax:	(852)	2598	9227
                                                                              Website:	www.axa.com.hk	
                                                                                                                     (Only	for	use	in	the	Hong	Kong	Special	Administrative	Region)
    3                                                                                                                                                                 January	2009

				
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