global mirror fund guide

global mirror fund guideJuly 2009

global_fund_guide_0709.qxd:global_fund_guide 31/7/09 12:10 Page 2

2 Global Mirror Fund Guide

Friends Provident International Limited (FPIL) operates a range offunds known as mirror funds. The concept is simple: agreementshave been set up with investment houses worldwide allowing usto link to specially selected funds chosen on the basis ofperformance and investment expertise. These mirror funds canonly be accessed using the FPIL investment products.

This Guide has been produced to help you choose the mirrorfunds you would like to include as investments in your GlobalWealth Manager or Global Wealth Builder. It should be read inconjunction with the relevant product literature, together withour individual Fund Reports, which will give you access to theinformation necessary to help with your investment decisions.The product literature and Fund Reports can be found on ourwebsite at www.fpinternational.com/singapore

This document is not intended as an offer to invest and werecommend that you seek professional advice from yourFinancial Adviser before making any final decisions.

Friends Provident International Limited (Singapore Branch)has prepared this guide to help you choose the mirrorfunds that can be accessed via Global Wealth Managerand Global Wealth Builder.


Global Mirror Fund Guide 3

The mirror funds

Advantages of the mirror fund range

• Specialist expertise from some of the world’sleading investment houses – investmentmanagement by specialists in specific areas,creating the potential to achieve even highercapital growth

• Easy access to top performing funds at lowinvestment levels not normally available toindividual investors

• Flexibility - giving you the ability to construct aportfolio tailored to individual risk profiles andunlimited switching at any time allowing youto change your risk profile or benefit frommarket opportunities with no restrictions onone asset type or one fund manager

• The investment marketplace and our rangeof mirror funds are continually monitored toidentify new investment opportunities.

Valuation frequency and availabilityof unit prices

Valuations are carried out on all business days inthe Isle of Man as appropriate for the individualfund. Unit prices are issued daily atapproximately 5 p.m. (UK time) and are availableon our website. Units in the mirror funds arebought and sold using the ‘bid’ (selling) price.

Please note that some mirror funds do notprice on a daily basis – any affected fundshave been clearly marked on the individualFund Reports, available on our website atwww.fpinternational.com/singapore

Fund charges

As is common with this type of investment,there are charges deducted by both FPIL andthe external investment managers at eachvaluation point before calculating the unit price.Details of these charges can be found in theFund Reports, available as detailed above.

Risk profiles

Each mirror fund has been carefully assessedand a risk profile allocated:

• Grade 1 – mirror funds offering conservativereturn similar to money market rates

• Grade 2 – low risk mirror funds offeringsecurity and potential growth

• Grade 3 – these mirror funds take a balancedapproach to investment by holding a diverseportfolio of assets

• Grade 4 – a more focused equity exposureprovides good growth potential with the risk ofshort-term volatility

• Grade 5 – these aggressive mirror fundsbalance the risk of high volatility with thepotential for high capital growth.



The mirror fund range

Fund Name Currency FundCode

Risk Rating

Managed

CS Select AffinityCS Select DiversityCS Select Global AffinityCS Select Global DiversityCS Select Global OpportunityCS Select OpportunityF&C Diversified GrowthFidelity Multi Asset Strategic (EUR)Fidelity Multi Asset Strategic (USD)

GBPGBP USDUSDUSDGBPUSDEURUSD

P14P13P17P16P18P15R47R27R26

333344333

Emerging Markets

Aberdeen Global Emerging Markets Smaller CosAberdeen Global Indian EquityAllianz RCM BRIC EquityDWS Invest AfricaFortis Equity BrazilJPM Emerging Markets Small CapKotak Indian MultiCapSarasin EmergingSar New FrontiersSarasin GCC Equity OpportunitiesSchroder Latin AmericanSchroder Middle EastTempleton BRICTempleton Emerging MarketsTempleton Latin America

USDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD

R11P54R62R80P89R61R64R74R85J37R52P58J60P52

55555555555555

Europe

Baring Eastern EuropeFidelity Euro Blue ChipInvestec GS Continental European EquityJupiter New EuropeNevsky Capital Eastern European

USDEURUSDEURUSD

P48J84J36R50P06

54455

Far East & Pacific (including Single Country)

Aberdeen Global Asia-Pacific EquityAberdeen Global Chinese EquityAllianz RCM Little DragonsAllianz RCM Oriental Income Allianz RCM PhilippinesAllianz RCM Total Return Asian Equity Baring AustraliaBaring Hong Kong & ChinaCAAM ASEAN New MarketsFirst State Asian Equity PlusFirst State China GrowthFirst State Greater China GrowthHSBC Chinese EquityHSBC Hong Kong EquityInvesco Asian EquityJF TaiwanMartin Currie GF Asia-Pacific (USD)

USDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD

P65P33J08P50J48R44M56M55R17R30R51R31J55J56J02R09P94

44435444545454454




Risk Rating

Global Equity

HSBC Amanah Global Equity IndexInvesco Global Select EquityInvestec GS Global EquityInvestec GS Global Strategic EquityM&G Global LeadersPrincipal Global EquityTempleton Global

USDUSDUSDUSDUSDUSDUSD

P59M85J06J74R23J75J72

3334433

International Bonds

Baring High Yield BondBaring International Bond (USD)F&C Global Convertible BondFortis Bond Best Selection World EmergingFranklin US GovernmentHSBC New World IncomeInvesco Euro Corporate BondInvestec GS Global Strategic IncomeMellon Global Bond (GBP)Mellon Global Bond (USD)Schroder Asian Bond FundSchroder Global Corp Bond (USD)Schroder Strategic Bond (EUR)Schroder Strategic Bond (USD)

USDUSDUSDUSDUSDUSDEURUSDGBPUSDUSDUSDEURUSD

J27M57R84P97M84R71P74J43R70P67M83P90P93P92

32342522223222

Japan

Allianz RCM Japan USD R63 4

North America

BlackRock US Flexible EquityInvesco US EquitySchroder US Smaller CompaniesUBS Equity USA ValueVanguard US 500 Stock Index *

USDUSDUSDUSDUSD

J77M86J39P64P02

44444

Property Securities

Fidelity Global Property (USD)Henderson Horizon Asia-Pacific Property EquitiesSchroder Global Property Securities (USD)

USDUSDUSD

P78P61P82

444

Theme

Aberdeen Global TechnologyBlackRock New EnergyBlackRock World GoldBlackRock World MiningCAAM Aqua Global

USDUSDUSDUSDUSD

J96P69M82P70P98

45454

* Vanguard is a trademark of the Vanguard Group, Inc., and has been licenced for use by Friends ProvidentInternational Limited. The FPIL Vanguard US 500 Stock Index Fund is not sponsored, endorsed, sold orpromoted by the Vanguard Group, Inc., or Vanguard Investments Europe, SA., and they make no representationregarding the advisability of investing in the fund.



The mirror fund range


Risk Rating

Theme (continued)

DWS Global AgribusinessDWS Invest Global InfrastructureDWS Noor Precious Metals SecuritiesF&C Global Climate OpportunitiesInvesco Asia InfrastructureInvesco Global Health CareInvestec GS Global EnergyJF Global Life SciencesM&G Global BasicsMartin Currie GF Global ResourcesNew Star Global FinancialsSchroder Global Climate Change Equity

USDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSDUSD

R12R79R69R49R25J57P47P01R22P60R55R34

545444444444

UK Equity

Invesco UK EquityMartin Currie GF UK Growth

USDGBP

J73P55

44



Aberdeen Asset Management

Aberdeen Asset Management is an international investment management group, managingassets for both institutional and retail clients from offices around the world.

Its goal is to deliver superior and consistent fund performance across a diverse range of assetmanagement businesses. It offers both traditional and innovative products, combined with a highlevel of customer support.

Over the past 20 years Aberdeen Asset Management has grown both by acquisitions and organically,first in the UK then overseas, and their headquarters remain to this day in Aberdeen, Scotland, UK.

Allianz Global Investors

Allianz Global Investors is one of the world’s leading financial organizations and brings togethera distinctive network of investment platforms.

Each platform has its own specialized area of expertise and dedicated resources. These include RCMas the global platform for equity funds and PIMCO, the global fixed income platform. Using theseglobal resources, it provides an extensive range of funds that invest in the world’s market.

Baring

Baring Asset Management is a global investment management firm with offices, clients andbusiness lines spanning the world’s major markets.

Since the foundation of Barings Bank in 1762, the common thread linking its past to its present hasbeen its ability to help clients benefit from the changes in the markets. This tradition continues todayas the company invests client assets across global markets using the proprietary insights generatedby a team of over 100 investment professionals, based around the world in London, Tokyo, HongKong and Boston.

Today, Barings Asset Management operates as a subsidiary of MassMutual, a leading diversifiedfinancial services organization.

Fund Management Groups




BlackRock

BlackRock is a premier provider of global investment management, risk management and advisoryservices to institutional and retail clients around the world.

BlackRock has long focused on a cross-disciplinary team approach where clients benefit from thepooled expertise of the firm’s resources: its investment and risk management professionals and itsproprietary analytical tools. In addition to excellent performance, BlackRock is committed to deliveringa high level of service tailored to the needs of each client.

BlackRock’s client base includes corporate, public and Taft-Hartley pension plans, insurance companies,mutual funds, endowments, foundations, nuclear decommissioning trusts, corporations, banks andindividuals across the globe.

Headquartered in New York, BlackRock operates 35 offices in 20 different countries, maintaininga major presence in most key markets including the United States, the United Kingdom, Asia,Australia, the Middle East and Europe.

Collins Stewart Wealth Management

Collins Stewart Wealth Management, a leading investment manager and stockbroker, forms partof Collins Stewart plc – itself a leading independent investment banking group with offices in 10geographies worldwide.

Offering investment management and stockbroking services for discerning clients, its range ofsophisticated investment services, including financial planning, portfolio management, stockbrokingand investment funds are always tailored to suit individual needs and aspirations.

CAAM

Credit Agricole Asset Management (CAAM) is the asset Management subsidiary of Credit AgricoleSA with over £360 billion in assets under management, making it France’s largest fund managerand one of the top ten players in continental Europe.

CAAM London branch was established in 1998 and, as a result of its fast-paced development, hasincreased the size of its team from 6 professionals in 1999 to 18 today. There are other investmentcentres in Continental Europe and Asia. CAAM offers access to its investment expertise in a rangeof different asset classes, through segregated management and pooled vehicles. Their capabilitiesinclude liability-driven investment, global fixed income, emerging market equity and funds of hedgefunds.




DWS

DWS Investments, part of Deutsche Asset Management, was founded in 1956 in Frankfurt/Main.The company is one of the Top 10 companies worldwide and is one of the leading mutual fundcompanies in Europe. In excess of EUR 135 billion assets under management, DWS representsapproximately 22% of the fund market in Germany, making it the unchallenged number one.

The international nature of its business differentiates DWS significantly from its domestic andinternational competitors. DWS Investments’ activities span all the key European markets. In theUSA, DWS is represented by DWS Scudder. In spring 2006, it launched its first funds as well as theDWS brand in Singapore and India, continuing its successful expansion in the Asia-Pacific region.Autumn 2006 saw the launch of more than 20 funds in Korea.

F&C

F&C is a pan-European business managing assets for a diverse range of institutional, insuranceand retail clients with offices in seven countries: France, Germany, Ireland, Netherlands, Portugal,UK and United States.

F&C ranks amongst the top ten managers of institutional pension funds across Europe, as well asbeing a top five manager of UK commercial property and the leading European socially responsibleinvestor through its reo ® (responsible engagement overlay) service and the Stewardship suite ofethically screened funds, the oldest retail ethical funds in the UK. With a major presence in the UKretail market it also has recognized strengths in corporate bonds, multi-manager, UK and Europeanequities.

Fidelity International™

Fidelity International™ is a recognized leader in the field of investment management. Since itsfoundation in 1969, the company has experienced significant growth, which is a testament to thesuccess it has achieved.

Fidelity International has investment management centres based in London, Paris, Frankfurt, Tokyo,Hong Kong, Mumbai, Seoul, Singapore, Sydney and Taipei. This provides an in-depth understandingof the local business, economic, political and social landscapes of each region in which they operate.In addition, it has access to the analysis carried out by Fidelity Management & Research Company inthe US. This results in access to the findings of more than 600 investment professionals around theworld, covering 95% of the world’s stock markets by capitalization.

Fidelity International™ and the Pyramid logo are trade marks of Fidelity International Limited. Usedwith permission.




First State

First State Investments is a specialist asset management business that forms part of theconsolidated asset management business of the Commonwealth Bank of Australia. With over180 staff across London, Edinburgh, Hong Kong, Singapore, Jakarta and New York, First Statemanages assets on a segregated and pooled basis for clients globally.

First State is focused on developing and managing innovative investment products which outperformclients’ objectives. Products offered cover a range of categories including, Asia Pacific and globalemerging markets, global resources and global equities, property securities and infrastructure.

Fortis Investments

Fortis Investments is a multi-centre, multi-product global asset management company. As aresult of the integration of the asset management activities of ABN AMRO Asset Management,Fortis Investments has assets under management of over EUR 200 billion, with over 50% of itsrevenues generated from third-party clients.

With dominance and strength in Europe, a substantial position in Asia and an enlarged footprint inthe Americas, the company has a true global presence, with sales offices and some 40 dedicatedinvestment centres located around the world.

Fortis Investments offers international investment solutions while meeting the requirements of localinvestors, both institutional and wholesale retail. Employees in the combined entity number over2000, of whom around 600 are dedicated investment professionals. Activities range from institutionalportfolio management to the development and management of mutual funds, such as the FortisLFund, which has around 120 sub-funds.

Fortis Investments is a client-driven organisation that uses a disciplined investment process to satisfyits clients’ varied needs.

Franklin Templeton Investments

Over the past half-century, few investment management organizations have matched the successof Franklin Templeton Investments.

Headquartered in San Mateo, California, Franklin Templeton Investments is a global organization withoffices in over 30 countries. With over 50 years of investment experience, the company has becomerecognized as a leader for its global stock investments and innovative fixed-income products.

They are one of the largest global asset managers in the world. Offering four distinct investmentplatforms – Franklin, Templeton, Mutual Series and Fiduciary Trust – each with its own uniqueinvestment approach, Franklin Templeton Investments offers one of the broadest ranges of stylesand funds of any group.

Franklin Templeton Investments’ aim is to be the world’s premier global investment managementorganization founded on experience, principles, and diversity of choice and to offer fund partners aninvestment service unparalleled within the financial industry.




Henderson Global Investors

Established in 1934 to administer the estates of Alexander Henderson, the first Lord Faringdon,Henderson Global Investors (Henderson) is a leading independent global asset managementfirm. The company provides its institutional, retail and high net-worth clients with access toskilled investment professionals representing a broad range of asset classes, including equities,fixed income, property and private capital.

Headquartered in London, Henderson is one of Europe's largest investment managers, with overGBP 50 billion assets under management and employs around 950 people worldwide. In Europe,Henderson has offices in Amsterdam, Frankfurt, Luxembourg, Madrid, Milan, Paris, Vienna, Zurichand London, which is also the head office. Henderson has had a presence in North America since1999, when it acquired US real estate investment manager Phoenix Realty Advisers, and has officesin Chicago and Hartford. In Asia, Henderson has offices in New Delhi, Singapore, Hong Kong, Tokyoand Sydney.

With investment expertise across every asset class, Henderson's skillful investment managers investin every major market around the globe. They are supported by a global team of researchers andeconomists who have a keen understanding of the economic forces driving the security markets andwho undertake rigorous sector and theme analysis. Underpinning this process is a comprehensiverisk-control framework to ensure that investment views are translated into portfolios managed in linewith investors risk and return requirements.

HSBC Investments

HSBC Investments is the global investment solutions business for HSBC Group, one of the world’slargest banking and financial services organisations. It benefits from being part of HSBC with itsstrengths and qualities.

HSBC Investments has a network of investment teams in major cities across Europe, Asia Pacificand the Americas which is supported by the global coverage of HSBC. It has organised its businesswith the intention of creating performance or “Alpha” and is solutions driven.




Invesco

Invesco forms part of the global AMVESCAP Group, which is one of the world’s largestindependent investment managers.

AMVESCAP PLC is a constituent of the FTSE 100 and is quoted on the London, New York andToronto Stock Exchanges. Its mission is to help people worldwide build their financial security, andits global scale allows the maintenance of a significant presence in the institutional, retail and definedcontribution markets throughout the world.

Invesco’s business has always remained purely investment management, which means there are nodistractions from competing businesses, enabling it to concentrate its resources on aiming to provideinvestors with the best possible performance.

Invesco manages investment products that span a wide range of asset classes from fixed interest tovalue, core and growth equities to alternative investments.

Investec Asset Management

Investec Asset Management is a wholly owned subsidiary of the Investec Group, a Johannesburgand London listed specialist financial services company. It is a specialist investment businesswhich is both performance and client oriented and has key offices in London, Cape Town,Johannesburg, Hong Kong and Guernsey. It also has the depth and diversity to offer a range ofinvestment strategies, in respect of both domestic and international assets for different markets.

Investec takes care that these solutions are aligned to the investment needs and objectives of itsclients and that it will create solutions that will last. Consistently excellent investment performanceand superior client service are the two key aspects in the mix that make this possible. Itsuncompromising dedication to investment performance is reflected in the numerous awards receivedover the years.




JF Asset Management

For over 30 years JF has been at the forefront of investment in Asia. Founded and headquarteredin Hong Kong, it has one of the largest investment teams in the region and is widely regarded asthe Asian specialist. JF Asset Management forms a key part of JP Morgan Asset Management,one of the world’s largest asset management companies, and has a global network of investmentprofessionals located worldwide.

This enormous global investment capability is based on a strong local market presence across fourregions – Asia, Europe, Japan and the US – and brings together an incredible pool of specialistinvestment knowledge and expertise which further enhances its capabilities to provide clients withthe very best products. With its reputation of innovation and market leadership, JF is committed tohelping investors reach their financial goals by providing them with a broad range of professionallymanaged funds, excellence in investment performance and the highest quality of client service.

J.P. Morgan Asset Management

J.P. Morgan Asset Management is a global asset management leader providing world-classinvestment solutions to clients.

With over US$1 trillion in assets under management and offices in 40 locations around the world,J.P. Morgan Asset Management offers global coverage with a strong local market presence, andleadership positions in most asset classes.

Jupiter

Jupiter was founded over 20 years ago with the aim of delivering strong performance forinvestors over the medium to long-term through active fund management. It is a principle theyhave continued to adhere to and they have become one of the most respected fund managementgroups in the UK.

At the heart of Jupiter’s success are their people. Some of the most renowned and respected fundmanagers in the UK are employed at Jupiter and a significant proportion of them have been there formany years, providing continuity and strength to long-term performance. Jupiter does not adopt asingle ‘house’ style which can prevent managers from following their convictions; instead they aregiven the freedom to invest in the way they believe gives the best opportunity for strong returns.




Kotak Mahindra

The Kotak group is one of India's leading banking & financial conglomerates with interests inCommercial Banking, Investment Banking, Equity Brokerage & Research, Asset Management, LifeInsurance, Private equity & Real Estate.

The international business of the group with offices in London, New York, Dubai, San Francisco,Singapore and Mauritius offers India investment solutions to foreign investors. Institutional andindividual investors can access the India opportunity through Kotak's wide range of dollar-denominated India-focused funds across varying strategies. With its strong India presence and acommendable track record, Kotak is well positioned to provide the right products and services tomeet the international investor's increasing India appetite.

M&G Investments

M&G Investments launched the UK’s first Unit Trust in 1931 and went on to introduce the UK’sfirst regular savings plan.

In the 1960s M&G pioneered the first fund-linked product for private pensions and in the 1970s itlaunched the first Japanese unit trust. More recently, in the 1990s M&G Investments launched thefirst pure corporate bond fund and the first high-yield corporate bond fund.

Purchased by Prudential, one of the largest providers of financial services in Europe, M&GInvestments became their investment manager. M&G Investments are constantly seeking new ideasthat will benefit their investors whose loyalty, they say, is the key to their success.

Martin Currie

Martin Currie is a specialist active equity manager. Based in Edinburgh, and with offices in London,Shanghai and New York, its clients include intermediaries, pension funds, multi-managers, familyoffices, banks and insurance companies.

Its pooled funds include a UK Oeic, Luxembourg Sicav and a range of hedge funds. Martin Currie is100% owned and managed by its full-time executives. This helps it attract and retain leadingmanagers, who can then build a stake in the business.

Independence, and a singular focus on managing investment portfolios, ensure no competingpriorities or distractions. Martin Currie describes itself as a ‘big boutique’. In practice, this meanshaving the solidity, professionalism and robustness of process of a large company, combined withthe distinctiveness, client focus, and personal ownership of a small company.




Mellon

Mellon Global Investments offers a wealth of investment solutions to institutions, professionalinvestors and advisers across the world.

Mellon’s strategy is based on recognizing that size and scale are important in distribution but, ininvestment management, focus is essential. Mellon have therefore created a global sales andmarketing platform with access to a broad spectrum of individual, disciplined asset management styles.

Nevsky Capital LLP

Nevsky Capital LLP was formed in December 2006 as a separate legal entity of which ThamesRiver Capital (UK) Limited (TRCUK) is a member.

Nevsky Capital is a limited liability partnership which commenced business on 1 January 2007. Themembers of Nevsky Capital LLP are the senior investment professionals who formerly constituted theGlobal Emerging Markets team of Thames River Capital LLP and TRCUK. TRCUK also provides all theadministration and support services, including marketing and client service, for Nevsky Capital. TRCUKis the corporate Member of Nevsky Capital LLP. Nevsky Capital LLP is owned by its Members.

New Star Asset Management

Since its foundation in 2000, New Star has become established as one of the leading brands in theretail fund management industry.

New Star’s primary objective is to provide investors with superior investment returns across a broadrange of asset classes, from equities and bonds to more specialist areas such as property.

As a genuinely active fund management company, it maintains an environment in which the finestfund managers can focus on making investors richer, with as much freedom to invest as possible,subject always to rigorous monitoring, control and compliance.




Principal Global Investors

Principal Global Investors is a diversified asset management organisation and a member of thePrincipal Financial Group®, managing assets primarily for retirement plans and other institutionalclients.

Principal Global Investors’ investment capabilities encompass an extensive range of equity, fixedincome and real estate investments as well as specialised overlay and advisory services and itfocuses on delivering excellent investment performance and client service on behalf of its clients.Its team works within a collaborative environment from offices around the world and this globalreach provides an information advantage in researching and managing investment portfolios whilstat the same time, serving clients on a local basis and tailoring their capabilities to specific clientobjectives and investment goals.

Sarasin Investment Management

Sarasin Investment Management was established in the City of London in 1983 and is a specialistinvestment company which is part of Switzerland’s Bank Sarasin & Co. Ltd., one of Europe’s mostprestigious private banks.

Bank Sarasin has a long pedigree in banking and specialises in asset management and investmentadvisory services for private and institutional clients. It embraces socially responsible and sustainablebusiness practices as a key component of a successful corporate philosophy. As a leading Swissprivate bank, all its activities are focused on the client. Bank Sarasin provides personal, individual andprofessional customer care and offers clients high-quality services based on trust and discretion. Thecompany has pioneered a unique family of long-term balanced and global thematic managed funds,as well as a range of specialist investments.

Schroders

High quality research and expert portfolio construction is at the heart of what Schroders do.

They are an independent, pure fund manager, with no priorities other than a continued focus ondelivering high quality service and consistent performance excellence.

They have spent over 200 years building a diverse and flexible fund range spanning all the majorregions and asset classes with a strong brand and a focus on quality and service. Schroders’dedication and expertise has lead to a reputation of experience and solidity.




UBS Global Asset Management

UBS Global Asset Management is a Business Group of UBS and one of the world’s leadingfinancial firms, combining financial strength with a reputation for security, stability andinnovation that embraces change.

As one of the largest global institutional asset managers, the second largest mutual fund manager inEurope and the largest mutual fund manager in Switzerland, with over 20 offices around the world,UBS Global Asset Management provides services to private clients, financial intermediaries andinstitutional investors. They claim that their strength lies in the expertise and diversity of theiremployees, their disciplined processes and the quality and responsiveness of their client services.

Vanguard Group

The Vanguard Group ® is an independent asset management company created in 1975 by JohnC. Bogle, but traces its roots back to the founding of the Wellington Fund in 1928.

Vanguard launched the world’s first widely available index fund in 1976 and has grown since theninto a leading indexer and one of the top asset managers in the world. The Vanguard Group, Inc. isowned by the US fund it manages. Based on a unique structure, it aims to be the world’s highest-value provider of investment services, offering investment solutions at the lowest possible cost.

Although being a strong proponent of index tracking, Vanguard also has over 30 years of experiencein advisory relationships with external specialist managers for its range of actively-managed equityfunds. Headquartered in the USA, it also has offices in Europe, Australia, Japan and Singapore. InEurope, it promotes Vanguard’s highest standards of corporate governance, transparency and ethicsand the benefits of Vanguard’s investment philosophy – in particular those of the “core-satellite”investment approach, strategic asset allocation, long-term investment and cost optimization. It offersover 150 investment funds worldwide, covering the main asset classes.

® Vanguard is a trademark of the Vanguard Group, Inc. and has been licensed for use by FriendsProvident International Limited. The FPIL Vanguard Mirror Fund is not sponsored, endorsed, sold orpromoted by the Vanguard Group, Inc., or Vanguard Investments Europe, SA, and they make norepresentation regarding the advisability of investing in the fund.


Friends Provident International Limited (Singapore Branch)63 Market Street, #06-05, Singapore 048942Telephone: +(00)65 6327 4019 Fax: +(00)65 6327 4020Website: www.fpinternational.com/singaporeRegistered in Singapore No. F06835GAuthorized by the Monetary Authority of Singapore to conduct life insurance business in SingaporeMember of the Life Insurance Association of SingaporeMember of the Singapore Financial Dispute Resolution Scheme

Friends Provident International LimitedRegistered & Head Office: Royal Court, Castletown, Isle of Man, British Isles, IM9 1RA Telephone: +44(0) 1624 821212 Fax: +44(0) 1624 824405Incorporated company limited by shares. Registered in the Isle of Man No. 11494

XSG/GMFG 7.09

Important InformationThe information given in this document is basedon the understanding of Friends ProvidentInternational Limited (Singapore Branch) of currentSingapore law and taxation practice, which maychange in the future. No liability can be acceptedfor any personal tax consequences of this plan orfor the effect of future tax or legislative changes.

Loans against the value of your plan are notavailable.

Fund prices may go down and up depending uponinvestment performance. Past performance is notan indication of future performance. Please notethat securities held within a fund may not bedenominated in the currency of that fund and, as aresult, fund prices may rise and fall purely onaccount of exchange rate fluctuations. You mayget back less than you have paid in.

Should Friends Provident International Limited(Singapore Branch) become unable to meet itsliabilities to its policyholders, they will receive theprotection of the Life Assurance (Compensation ofPolicyholders) Regulations 1991 of the Isle of Man.

Complaints we cannot settle may be referred tothe Financial Insurance Disputes Resolution CentreLimited (‘FIDReC’) for assistance within sixmonths from the date you failed to reach anagreement with Friends Provident InternationalLimited (Singapore Branch). You can contactFIDReC at 112 Robinson Road, #13-03 HBRobinson, Singapore 068902. Tel: 63278878; Fax: 6327 8488; Website: www.fidrec.com.sg; Email: [email protected]

Some telephone communications with theCompany are recorded and may be randomlymonitored or intruded into.

Legal InterpretationEach policy is governed by and shall be construedin accordance with the law of Singapore.

Copyright © 2009 Friends Provident InternationalLimited (Singapore Branch). All rights reserved.


global mirror fund guide

Economy & Finance

range of mirror funds

global mirror fund guide

low risk mirror funds

mirror fundsadvantages

investment expertise

type of investment

investment decisions

performing funds