Reference Number: _____________________

INVESTMENT PORTFOLIO RISK ASSESSMENT

Please choose the investment portfolio you prefer.

Risk-Free Investment Portfolio: A risk-free investment portfolio has the advantage of liquidity but no
real long-term growth.
- You understand that investing allows for higher returns than savings, but there is a risk that your
investments might yield negative returns and the value of your investments can even be lower than
the amount you invested.
- You understand that risk-free investments have the advantage of liquidity for protection against
emergencies but no real long-term growth.
- You understand that risk-free investment portfolio offer real protections over short term horizons.
- You prefer to put your money in guaranteed instruments even if the return is low.

Conservative Investment Portfolio: A conservative investment portfolio is designed for the longer term
by investing in relatively low risk instruments with a reasonable growth expectations.
- You understand that investing allows for higher returns than savings, but there is a risk that your
investments might yield negative returns and the value of your investments can even be lower than
the amount you invested.
- You understand that diversifying your investments in different asset classes is reducing the volatility
of your annual returns and reduce the risk of your investments.
- You understand that a minimum holding period of 5 year is needed to reduce the risk of a negative
average annual return.
- You prefer a lower probability of a negative annual return on your investments even if this reduces
the possibility of higher returns over a longer period of time.

Balanced Investment Portfolio: A balanced investment portfolio typically invest in bonds for income
generation and stocks for investment growth. This combination is to help mitigate financial loss should
the stock market experience a downturn.
- You understand that investing allows for higher returns than savings, but there is a risk that your
investments might yield negative returns and the value of your investments can even be lower than
the amount you invested.
- You understand that diversifying your investments in different asset classes and over different equity
funds reduce the volatility of the average annual returns on your investments.
- You understand that a longer holding period reduces the volatility of the average annual return
during the holding period on your investments.
- You prefer a balance between a probable negative annual return and the possibility of higher
average annual returns over a longer period of time.

Growth Investment Portfolio: A growth investment portfolio is characterized by a willingness to accept

higher than average level of risks and price volatility in pursuit of above average returns.
- You understand that investing allows for higher returns than savings, but there is a risk that your
investments might yield negative returns and the value of your investments can even be lower than
the amount you invested.
- You understand that diversifying your investments over different equity funds and bond funds
reduce the volatility of the average annual returns on your investments.
- You understand that a market can be volatile and that a longer holding period in general reduces the
risk of negative average annual returns.
- You prefer the possibility of a higher average annual return on your investments even if this means
that there is a probability of higher negative return in any given year.

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 Reference Number: _____________________

INVESTMENT PORTFOLIO RISK ACKNOWLEDGEMENT

I acknowledge that the descriptions of the portfolio I choose above match the risk profile of my intended
investment portfolio.

INVESTMENT POLICY STATEMENT

I acknowledge that my fund allocation represents the Investment Policy of my portfolio. I have carefully
read and understood the investment objective(s) of my selected fund(s) as well as the risk(s) that it (they)
bear(s).

CONFORME:

________________________________
Applicant / Policy Owner
Signature over Printed Name

________________________________
Date

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