Index Fund Information
Citi‑QuantCube Multi‑Asset Regime VT8 Index
for Index‑Linked Life Insurance Plans

Description​

• The Company invests in call options with returns referenced to the level of the Citi QuantCube Multi Asset Regime VT8 Index. For more information, please visit https://www.citivelocity.com/investmentstrategies/indices/cimara82

• As Citi-QuantCube Multi-Asset Regime VT8 Index calculated using base currency in US Dollar, the performance of the underlying index level will be converted into Thai Baht using the foreign exchange rate at the midpoint between the bid and offer rates at the time the Company executes the currency conversion. This reference rate will be sourced from Bloomberg Page BFIX at approximately 3:30 PM Bangkok time.

• The date when the policy is issued is the date your insurance application is approved by underwriting.

• Underlying index level on the initial valuation date is the level of the index on the investment start date (calculated within 45 days from the policy issue date).

• The exchange rate on the initial valuation date is the exchange rate on the investment start date (calculated within 45 days from the policy issue date).

• The Company has a policy to invest in the underlying index within 45 days from the policy issue date. And the underlying index value will be calculated on the final valuation date within 45 days before the maturity date.

• If final index valuation date falls on a fund weekend or a fund holiday, the valuation will be made on the next business day.

• Because the underlying index invests in US dollars, index-referenced returns from the Citi-QuantCube Multi-Asset Regime VT8 Index are subject to foreign exchange risk and any risks from exchange rate fluctuations between the Thai Baht and the US Dollar. However, the policyholder will still receive fully guaranteed benefits upon maturity since the benefits are not related to the exchange rate risk.

• In the event that the underlying index calculator of Citi-QuantCube Regime Navigator VT8 Index cancels the index calculation during the contract or if any event occurs that poses a risk to the credibility or solvency — such as a breach of contract, payment default, bankruptcy proceedings, regulatory intervention, or similar events — or if any other event arises that materially affects the interests of the policyholders, including but not limited to changes in regulations or announcements issued by the Office of Insurance Commission and/or other relevant authorities that render performance under the contract impracticable, the Company reserves the right to substitute the current index with a new index as appropriate (without causing any material adverse impact on the policyholder’s benefits). If the Company cannot find a substitute index as stated above, the Company shall, as soon as practicable, settle in cash an amount equivalent to the benefits under the index linked reference contract received by the Company, and all terms and conditions relating to payments linked to the reference index shall cease to apply. The Company will issue an endorsement notifying the policyholder of such change in writing.

• The Company undertakes the risk under an insurance policy and has obligations to fulfill the promises specified in your contract.