1. Clients can select to enjoy the “Birthday Offer” on any one day of their birthday month. When clients place orders and select the “Birthday Offer”, they enjoy a 0% subscription/switching charge on all orders placed that day. The subscription/switching charge on the Buy and Switch orders will be waived.
2. “Select day of the birthday month” means that, once the “Birthday Offer” is selected, clients can enjoy the 0% subscription/switching charge on that calendar day (00:00-23:59). There is no limit on the number of orders.
3. “Birthday Offer” is only applicable to online subscription/switching orders placed via eTrading site. “Birthday Offer” is only applicable to orders placed via eScheduler.
4. “Birthday Offer” is only applicable to Buy/Switch orders. The switching mechanism follows the existing method in eTrading site. If you enjoy your “Birthday Offer” to switch out of money/liquidity funds which hold both “old” and “new” money*, the system will automatically switch the “old” money first. Should there be any queries, please contact our J.P. Morgan Funds InvesteorLine at (852) 2265 1188.
*Old Money - money initially invested into equity/bond funds and subsequently switched.
New Money - money initially invested into money/liquidity funds.
5. “Birthday Offer” will only be re-offered when ALL orders (Buy/Switch) that enjoy the 0% subscription/switching charge have been successfully cancelled by clients (before the relevant cut-off time) via eTrading site. It will not be re-offered after transaction failure due to invalid application procedures or insufficient money in the designated account.
6. “Birthday Offer” is only applicable to sole accounts and the first applicant of a joint account. For a client with multiple accounts, the “Birthday Offer” will only be offered once, i.e., “Selected day of the birthday month” applies to all his/her accounts.
7. “Birthday Offer” is not applicable to corporate clients.
8. “Birthday Offer” is only applicable to clients who have already provided us with birthday information.
9. “Birthday Offer” cannot be used in conjunction with any other promotional offers or discounts.
10. “Birthday Offer” cannot be exchanged for cash and other products from JPMorgan Funds (Asia) Limited (“JPMFAL”) or its affiliates.
11. Each eligible client is entitled to enjoy the “Birthday Offer” once per year.
12. JPMFAL reserves the right to cancel the Offer or to modify the related terms and conditions at any time without further notice. In case of any dispute, the decision of JPMFAL is final and conclusive.
13. In case of discrepancies between the English and Chinese versions of these Terms and Conditions, the English version shall prevail.
14. These Terms and Conditions shall be governed in all respects by the laws of the Hong Kong Special Administrative Region (“HKSAR”).
Scenarios:
1. Mr Lam’s birthday is in April. On 15 April, he selected to enjoy the “Birthday Offer” and placed two orders:
Order 1: HK$250,000 at 15:00
Order 2: HK$200,000 at 20:00
All the orders can enjoy the “Birthday Offer” although the subscription time of Order 2 is after our daily cut-off time (17:00 or 15:00 for JPMAM (China) Fund Range). The Offer is valid throughout the selected calendar day (00:00-23:59).
2. Mr Chan’s birthday is in May. On 22 May, he placed his orders as follows:
Order 1: HK$300,000 (normal subscription/switching charge)
Order 2: HK$500,000 (0% subscription/switching charge => “Birthday Offer” selected)
Order 1’s subscription/switching charge will not be reversed to enjoy the “Birthday Offer”. Mr Chan can cancel Order 1 via eTrading site and re-submit the order to enjoy the “Birthday Offer” on 22 May.
3. Mr Cheung holds a joint account with his wife (Mr Cheung is the first applicant of the joint account). Mr Cheung’s birthday is in July while Mrs Cheung’s is in October. They are entitled to the “Birthday Offer” in July only as the first applicant’s birthday is in July.
4. Mr Kwong holds both a sole account and a joint account. Mr Kwong’s birthday is in November while Mrs Kwong’s birthday is in December.
Sole Account A: Mr Kwong
Joint Account B: Mr Kwong and Mrs Kwong (Mr Kwong is the first applicant)
Mr Kwong can enjoy the “Birthday Offer” in November for both Sole Account A and Joint Account B. No “Birthday Offer” will be offered to them in December. Orders placed through either Account A or Account B on THE SAME “selected day of the birthday month” can enjoy the “Birthday Offer”.
5. Mr Ip holds both a sole account and a joint account. Mr Ip’s birthday is in November while Mrs Ip’s birthday is in December.
Sole Account A: Mr Ip
Joint Account B: Mrs Ip and Mr Ip (Mrs Ip is the first applicant)
Mr Ip can enjoy the “Birthday Offer” in November for Sole Account A and December for Joint Account B respectively.
6. Ms Wong holds a sole account and her birthday is in February. However, there is no birthday record for her at JPMorgan Funds (Asia) Limited. Therefore, she cannot enjoy the “Birthday Offer” until one working day after she updates her date of birth via eTrading site.