You earn one ePoint for every HK$10 subscription to any JPM equity or bond fund(s) which JPMorgan Funds (Asia) Limited (“JPMFAL”), in its absolute discretion, determines eligible for ePoints to be earned (“Eligible Funds”) if the subscription order(s) is / are successfully placed and completed through J.P. Morgan eTrading and units of the relevant Eligible Funds have been allotted to you.

You earn one ePoint for every HK$10 switching from any JPM money market fund or liquidity fund (new money*) into any Eligible Funds successfully made through J.P. Morgan eTrading.

You earn one ePoint for every HK$20 switching from any Eligible Funds or JPM money market fund or liquidity fund (old money**) into other Eligible Funds successfully made through J.P. Morgan eTrading.

ePoints earned will be valid from the date such ePoints are awarded to you until 23:59 of 31 December of the year following the year in which such ePoints have been awarded. For example, ePoints earned on 11 November 2009 will expire at 23:59 on 31 December 2010 .

ePoints can only be used to waive the initial charges of any subscription order(s) for Eligible Funds, and/or any order(s) to switch an existing investment into an Eligible Fund, through using J.P. Morgan eTrading. The amount of ePoints required depends on the initial charge of the order, investment amount, any foreign exchange rate conversion and the bid/offer prices on the day you place the order.

Any ePoints required with decimal places will be truncated to the nearest integer.

For any lump sum investment, an indication of the amount of ePoints required to waive the initial charges of a particular transaction will be displayed on the dealing screens of J.P. Morgan eTrading during the order placement. You will have the option to choose whether you wish to spend your ePoints for a particular transaction. For any “eScheduler” investment, JPMFAL will automatically spend your ePoints to waive the initial charge of any “eScheduler” order if your ePoints balance is enough on the relevant Order Process Date. The number of ePoints spent will be shown in the eContract Note(s) and Order History after the dealing date of your order(s).

ePoints cannot be spent as a partial waiver of initial charges.

You will be reimbursed any ePoints spent through J.P. Morgan eTrading if: (i) you have successfully cancelled the order(s) that you have spent ePoints to waive the initial charges by using the order cancellation function provided in the Order Status screen (“Order Cancellation”) through J.P. Morgan eTrading before the cut-off time for the relevant Eligible Fund on the day on which the relevant order is successfully cancelled; or (ii) your payment is rejected and/or not received by JPMFAL. ePoints spending will not be reimbursed if you amend/alter/cancel your order(s) through any of JPMFAL ’s servicing channels other than using Order Cancellation through J.P. Morgan eTrading.

Apart from the requirement of the manual signature in the “Third Party Certification” section of the MasterAccount Form, new clients who successfully subscribe to Eligible Funds via JPMFAL’s Online Application process with the final investment details (including but not limited to amount of investment and Eligible Fund choice) and account details as set out in the printed copy of your completed Online Application form being identical to the system records received via such Online Application by JPMFAL will be eligible to earn ePoints. ePoints will not be awarded if any discrepancies are found between JPMFAL’s system records and the final investment/account details you made (for example if you have made any amendments to the printed copy of your completed Online Application form).

ePoints will not be awarded for any account opening via postal application or via any of JPMFAL’s service channels other than J.P. Morgan eTrading.  

JPMFAL reserves the right in its absolute discretion to determine at any time which funds are Eligible Funds and may at anytime without notice change such determination.

JPMFAL reserves the right in its absolute discretion to make any adjustments to the amount of ePoints accrued, accumulated or spent by you as it sees fit.

JPMFAL reserves the right in its absolute discretion to modify these and other related terms and conditions at any time without further notice.

These terms and conditions are in addition to the terms and conditions as set out in MasterAccount Terms and Conditions and the offering documents relating to the relevant Eligible Funds you are investing in.

ePoints are not cash or cash equivalent. ePoints cannot be exchanged for cash and other products from JPMFAL or its affiliates.

ePoints are not available to regular contributions to MasterSaver monthly investment plans.

ePoints are not available to JPMorgan staff and all their immediate family members.

In case of discrepancies between the English and other language versions of these terms and conditions, the English version shall prevail.