Endowment 15/1
(With Cash Bonus: Series 1/2018)

Formula of indicative dividend calculation at maturity

Description
- Index refers to S&P Economic Cycle Factor Rotator (Cash Bond) Index.   For more information, please visit  https://www.spglobal.com/spdji/en/indices/strategy/sp-economic-cycle-factor-rotator-cash-bond-index/ 
- Initial valuation date is 16 July 2018
- Index level at initial valuation date is 362.85
- Exchange rate at initial valuation date is 33.3120
- Participation rate is 60%
- Participation rate (PR) is a pre-determined rate that investor will receive from any positive return from the underlying performance between initial valuation date and final valuation rate. The participation rate may vary by market environment at policy inception
- Value of the index at the initial valuation date and final valuation date will be translated from USD to THB based on the rates that Muang Thai Life Assurance Public Company Limited transacts on those days

Disclaimer
- Past performance is not indicative of future return
- For other benefit payable, policy conditions and risks, please refer to policy contract
- Muang Thai Life Assurance Public Company Limited will invest according to the index within 45 days after the insurance policy issued and will calculate the index performance within 45 days prior to insurance policy maturity
- In case final valuation date falls on a Public holiday according to notification, it shall be postponed to the next business day
- Actual dividend at maturity may differ from the indicative dividend
- Return of the index is calculated in USD, thus dividend at maturity is exposed to exchange rate volatility. However, policyholder still receive maturity benefit as stated in policy conditions because maturity benefit is not exposed to exchange rate risk
- Upon the occurrence of a cancellation of S&P Economic Cycle Factor Rotator (Cash Bond) Index, Muang Thai Life Assurance Public Company Limited reserve the right to determine an appropriate replacement index. If Muang Thai Life Assurance Public Company Limited is unable to replace the Index, cancellation and payment will be applied
- The "S&P Economic Cycle Factor Rotator (Cash Bond) Index" is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”) and has been licensed for use by Muang Thai Life Assurance Public Company Limited.  Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”) and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Muang Thai Life Assurance Public Company Limited. Phuea Sasom Sub 15/1 is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P Economic Cycle Factor Rotator (Cash Bond) Index.