Offshore With-Profits Market value adjuster (MVA ... - Clerical Medical

For existing clients’ information only
Offshore With-Profits (OWP)
Market value adjuster (MVA) rates
The following rates are as at 1 February 2015.
MVA rates are usually reviewed twice a year in February and August, but we can change them at other times if investment
conditions change significantly. If this happens, changes may be made at short notice and the following tables may not be
updated immediately.
All rates shown are for indicative purposes only. The level of MVA is dependent upon the date the investment was made.
CMI Insurance Company Limited guarantees that the price of units in the Offshore With-Profits Fund can never fall,
although an MVA may apply when you withdraw from the funds. The level of MVA depends on the currency and date
of investment. Please read the ‘Clerical Medical Offshore With-Profits and the market value adjuster explained’ leaflet
(HE567) for more information.
Investment Account MVA rates (series 1-4)
The following table shows the rates for:
• initial investments made up to 1 August 2003 and additional investments until 10 November 2003
1998
Quarter of entry
Currency of fund
£% US$ % €%
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
1999
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2000
1 0 0 0
2 0 0 1
3 0 0 2
4 0 0 0
2001
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2002
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0

Quarter of entry
Currency of fund
£% US$ % €%
2003
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
Investment Account MVA rates
The following table shows the rates for:
• initial investments made after 1 August 2003 and additional investments after 10 November 2003
Quarter of entry
Currency of fund
£% US$ % €%
2003
3 0 0 0
4 0 0 0
2004
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2005
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2006
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2007
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2008
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2009
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2010
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0

Quarter of entry
Currency of fund
£% US$ % €%
2011
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2012
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2013
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2014
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2015
1 0 0 0
2 0 0 0
3 0 0 0
Global Investor MVA rates
Quarter of entry
Currency of fund
£% US$ % €%
1998
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
1999
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2000
1 0 0 0
2 0 0 1
3 0 0 2
4 0 0 0
2001
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2002
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0

Quarter of entry
Currency of fund
£% US$ % €%
2003
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2004
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2005
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2006
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2007
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2008
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2009
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2010
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2011
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2012
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0

Quarter of entry
Currency of fund
£% US$ % €%
2013
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2014
1 0 0 0
2 0 0 0
3 0 0 0
4 0 0 0
2015
1 0 0 0
2 0 0 0
3 0 0 0
www.hke.clerical-medical.com
CMI Insurance Company Limited, Clerical Medical House, Victoria Road, Douglas, Isle of Man IM99 1LT, British Isles. Registered no. 33520 Isle of Man.
Telephone +44 (0)1624 638888. Authorised by the Isle of Man Insurance and Pensions Authority.
Hong Kong Representative: CMI Financial Management Services Limited, 26/F, Oxford House, Quarry Bay, Hong Kong. Telephone: +852 2956 1288. Fax: +852 2956 2302.
WHK10/0215