Monetary and Non-Monetary Benefits. 1. Manulife Investment Management (Hong Kong) Limited (“Manulife”) offers a comprehensive range of retail funds including funds managed by a Manulife Group Company and Third Party Funds (altogether the “Funds”). This section explains the role of Manulife, benefits received or receivable by Manulife in providing fund investment services and other transaction related information in relation to your Manulife InvestChoice Account.
Monetary and Non-Monetary Benefits. 7.1 The Customer acknowledges that the Bank or any person connected with it may receive and retain Monetary Benefits, whether from brokers, product issuers or any other third parties, which may be in amounts that are not quantifiable prior to or at the point which a Transaction is entered into.
7.2 The Customer acknowledges and consents that the Bank or any person connected with it may receive and retain from brokers, product issuers or other third parties non-monetary benefits, including but not limited to, services, sponsorships, advertising, research and analysis, travel, accommodation and entertainment as the Bank or the connected person deems appropriate.
7.3 Unless otherwise stated in any agreement or by the Bank, the Bank is a non- independent intermediary because (a) it may receive fees, commissions, or other Monetary Benefits, provided by any party in relation to its distribution of any Units to the Customer; and (b) it may have close links or other legal or economic relationships with product issuers, or receive any non-monetary benefits from any party, which are likely to impair its independence to favour any particular Funds, any Units of the Funds or any product issuer.
Monetary and Non-Monetary Benefits
