Data as of 28 August 2020
Index level = 249.647 Exchange rate = 30.9242 THB per 1 USD

 

Policy Issue Date

Initial Valuation
Date

Index Level at Initial Valuation Date

Exchange rate
at Initial Valuation Date
(Unit: USD/THB)

Participation rate
(PR)

Final Valuation
Date

Indicative dividend
at maturity

15 Nov 2019 - 25 Dec 2019

30 Dec 2019

258.2806

30.1609

50%

15 Nov 2029

0.00%

26 Dec 2019 - 25 Jan 2020

31 Jan 2020

256.8491

31.2800

50%

12 Dec 2030

0.00%

26 Jan 2020 - 25 Feb 2020

28 Feb 2020

248.5432

31.7000

50%

26 Jan 2030

0.22%

26 Feb 2020 - 25 Mar 2020

31 Mar 2020

245.3964

32.7000

50%

26 Feb 2030

0.82 %

26 Mar 2020 - 25 Apr 2020

30 Apr 2020

245.8744

32.4180

50%

26 Mar 2030

0.73%

26 Apr 2020 - 25 May 2020

29 May 2020

245.9119

32.0000

50%

23 Apr 2030

0.73%

26 May 2020 - 25 Jun 2020

30 Jun 2020

246.5572

31.0300

50%

22 May 2030

0.62%

26 Jun 2020 - 25 Jul 2020

31 Jul 2020

249.4900

31.3500

50%

25 Jul 2030

0.03%

26 Jul 2020 - 25 Aug 2020

28 Aug 2020

249.6470

31.2600

50%

23 Jul 2030

0.00%

 
Formula of indicative dividend calculation at maturity

 

Description
- Index refers to Citi Global Multi Asset USD VT5 Series 3 Index. For more information, please visit https://investmentstrategies.citi.com/indice/CIXBFU35/12/2
- Since Citi Global Multi Asset USD VT5 Series 3 Index is calculated in USD, index performance between the initial valuation date and final valuation date will be translated from USD to THB based on the exchange rate that Muang Thai Life Assurance Public Company Limited transacts on those days
- The date of policy issuance means the date when the Company approves the insurance
- Index level at initial valuation date is the index level of the first date of investment (calculated within 45 days after the insurance policy).
- Exchange rate at Initial Valuation Date is Exchange rate at investment Valuation Date (calculated within 45 days after the insurance policy)
- 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

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 Citi Global Multi Asset USD VT5 Series 3 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
- Citi is a registered trademark and service mark of Citigroup Inc. or its affiliates and is used and registered throughout the world. Muang Thai Smart Link 10/1 (Global) (the “Financial Product”) is not sponsored, endorsed, sold or promoted by Citigroup, and Citigroup makes no representation regarding the advisability of investing in such Financial Product. Citigroup gives no express or implied warranties, including, but not limited to, any warranties of merchantability or fitness for a particular purpose or use. In no event shall Citigroup be liable for any direct, indirect, special or consequential damages in connection with any use of the Citigroup data and information.

 

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