This referral is created by Endowus HK Limited (“Endowus”). It should not and does not constitute an offer, solicitation, invitation, recommendation for buying or selling of investment products or as basis on making any investment decision, or constitute as professional advice. Participants should, before making any investment decision, understand the risks and the relevant laws, tax and accounting principles and consequences, and whether such persons can bear such relevant risks, and if necessary, should seek professional advice.

‍What do I need to do to participate in the promotion?Participants have to create an Endowus account by registering an email and password. Endowus Fee is charged on a quarterly basis based on their daily average total assets under advice (AUA) for the period of the fee, depending on their cash portfolio. For details, kindly refer to the fee schedule. The “Endowus Fee” discount will not be issued in any other forms in case of withdrawal.For the avoidance of doubt, this does not affect your fund-level fees due to the fund manager.This offer is not valid with any other offers and is not transferable, may not be transferred to another person or exchanged for cash. You are responsible for any tax consequences, if any, that may result from your redemption or use of fee credits. This offer is available to Hong Kong residents only. Endowus reserves the right to terminate or extend this offer at any time for any reason, to limit the amount of account bonuses you are eligible to receive, and to refuse or recover any offer award if Endowus determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, that any rules or regulations would be violated, or that any terms of the Endowus Platform Agreement have been violated.

By default, the Endowus Fee Credit will be issued in HKD currency and be applicable for HKD investments only. For participants whose investments are in USD only, Endowus will net off your quarterly Endowus Fee charge directly with the valid and available Endowus Fee Credit in a USD equivalent amount.

‍What else do I need to know?
‍1. Endowus accepts no responsibility for accounts not successfully completed due to a technical fault, technical malfunction, computer hardware or software failure, satellite, network or server failure of any kind.
2. Please note that the ability to make an investment on the platform will be contingent upon a participant successfully opening an account with Endowus. Endowus reserves the right to decline new client accounts that do not meet our know-your-customer (KYC) and funding requirements.
3. Endowus reserves the right to not allow participation by any person, at its discretion. In addition, Endowus reserves the right to disqualify any participant that is suspected of any fraudulent activity such as, but not limited to, creation of fake accounts.
4. The decision of Endowus regarding any aspect of the referral is final and binding.
5. Participants are deemed to have accepted and agreed to these terms and conditions by signing-up. Endowus reserves the right to refuse entry, or refuse to award anyone in breach of these terms and conditions.
6. Endowus reserves the right to hold, void, cancel, suspend, or amend the promotion or these terms and conditions (in whole or in part) at any time without prior notification to participants. Whilst we will always use our best endeavours to honour our promotions, events beyond our control may occur that would render the award of the promotion impossible. Accordingly, Endowus will not be liable for any loss, whether directly or indirectly suffered, as a result of an event outside of its control.
7. By entering the promotion, participants agree and acknowledge that all personal data submitted may be collected, processed, stored, disclosed or otherwise used by Endowus and its affiliates for the purposes of conducting and administering the promotion.
8. To the extent permitted by law, these Terms shall be exclusively governed by and construed in accordance with the laws of Hong Kong. Any disputes arising out of or in connection with these terms shall exclusively be submitted to and dealt with by the competent court in Hong Kong.