For the month of March 2024

What you will find here

Your fund performance

◼ Summary
◼ Growth fund
◼ Balanced fund
◼ Secure fund
◼ Protected fund
◼ Stable Money Market fund

Market update
◼ Interest rate movement
◼ Stock market performance
◼ Economic highlights

Fund manager’s outlook

◼ Fixed Income outlook
◼ Equity outlook

Unit-linked Price Performance – As at month end

Growth Balanced Secure Protected Stable MM ASPI S&P SL20

Since 01 Jan 2024 (YTD) 7.4% 5.5% 3.8% 3.3% 3.8% 7.4% 8.1%
Annual Effective Growth Rate
1 year 27.8% 24.6% 21.6% 19.7% 21.6% 23.0% 23.6%
3 years 9.6% 14.2% 16.7% 15.8% 16.8% 17.1% 5.2%
5 years 8.6% 11.7% 13.1% 12.4% 13.2% 15.5% 3.9%
7 years 5.5% 10.0% 12.3% 11.6% - 9.5% -0.5%
From Inception - CAGR 9.7% 11.3% 11.0% 10.5% 12.3% 9.4% 1.3%

Note: Past performance is not an indication of future performance

: The Stable Money Market fund was introduced on 21 Apr 2017, while the remainder of the funds were introduced on 02 May 2006

Tip: Your Investment Linked Long Term Insurance Policy allows you to be in control of your investments in Unit Linked Funds. Kindly refer your
policy document to learn more about options like unit switches and premium redirections which are available for you to manage your investments.
You can also contact us if you like to know how you can use the options available to you.

Disclaimer: The information in this report should not be considered as investment advice or a guarantee of future performance of Unit-linked
funds of AIA since it is only based on historical data. AIA has tried its best to ensure accuracy of this report. AIA, its employees, or authorized agents
cannot be held responsible in any way for any errors or omissions in this document. AIA clearly denies all liabilities for any loss or damage, which may
be suffered by any person as a result of relying on this information, even if such loss or damage is occurred by any fault or negligence of AIA, its
employees or authorized agents.

[AIA – PUBLIC]

[AIA – INTERNAL]
 Your fund performance: Growth fund
Unit Price Movement Asset Allocation

55.00 8%
52.83 18%
50.00
45.00
40.00
35.00 74%
30.00
25.00
Nov 19

Nov 20

Nov 21

Nov 22

Nov 23
Jan 23
Jan 19
Mar 19
May 19

Jan 20
Mar 20
May 20

Jan 21
Mar 21
May 21

Jan 22
Mar 22
May 22

Mar 23
May 23

Jan 24
Mar 24
Sep 19

Sep 20

Sep 21

Jul 22
Sep 22

Sep 23
Jul 19

Jul 20

Jul 21

Jul 23
Government Securities Fixed Deposits Equity Money Market
Note: The asset allocation for the fund is presented as at month end. The future
Note: past performance is not an indication of future performance asset allocation may change based on market conditions and investment strategy.

Unit Price Growth (as a percentage) *Period from 31/12/2023 to 31/03/2024

Year 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024*
Unit Price 32.36 32.90 34.40 37.60 39.56 42.81 43.68 50.63 37.48 49.18 52.83
Growth (%) 12.1% 1.7% 4.6% 9.3% 5.2% 11.2% 2.0% 15.9% -20.1% 31.22% 7.42%
Note: past performance is not an indication of future performance

Equity Allocation Credit Rating

Sector %
Banks 30%
Capital Goods 24%
Food Beverage and Tobacco 15%
Consumer Durables & Apparel 13% 100%
Materials 9%
Diversified Financials 4%
Energy 3%
AAA Rating AA Rating A Rating
Software & Services 2% Note: The credit rating is presented as at month end for investments in fixed
deposits and does not include ratings for equity investments. All ratings are by
Transportation 0% Fitch Ratings Lanka.
Utilities 0%
Telecommunication Services 0%
Food & Staples Retailing 0%
Total 100%
Top Equity Holdings***
ACCESS ENG LTD HAYLEYSMGT KNITTING MILLS PLC
CHEVRON LUBRICANTS LANKA PLC JOHN KEELLS HOLDINGS PLC
COMMERCIAL BANK OF CEYLON PLC SAMPATH BANK PLC
DISTILLERIES COMPANY OF SRI LANKA SUNSHINE HOLDINGS PLC
HATTON NATIONAL BANK PLC TEXTURED JERSEY LANKA LIMITED
***Note: In alphabetical order

▪ The annual average growth rate of the unit price for the Growth fund is 9.7% per year, since the unit linked fund was
started.
▪ The unit price has increased by 7.42% for the period 01 January 2024 to 31 March 2024.

[AIA – PUBLIC]

[AIA – INTERNAL]
 Your fund performance: Balanced fund
Unit Price Movement Asset Allocation

70.00
65.00 68.32 7%
60.00
55.00 41% 52%
50.00
45.00
40.00
35.00
30.00
Apr 19

Oct 19

Apr 20

Oct 20

Apr 21

Oct 21

Apr 22

Oct 22

Apr 23

Oct 23
Jan 22
Jan 19

Jan 20

Jan 21

Jan 23

Jan 24
Jul 22
Jul 19

Jul 20

Jul 21

Jul 23
Government Securities Fixed Deposits Equity Money Market
Note: The asset allocation for the fund is presented as at month end. The future
Note: past performance is not an indication of future performance asset allocation may change based on market conditions and investment strategy.

Unit Price Growth (as a percentage) *Period from 31/12/2023 to 31/03/2024

Year 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024*
Unit Price 32.36 32.90 34.40 37.60 39.56 42.81 43.68 50.63 50.68 64.73 68.32
Growth (%) 12.1% 1.7% 4.6% 9.3% 5.2% 11.2% 2.0% 15.9% 0.1% 27.7% 5.5%
Note: past performance is not an indication of future performance

Equity Allocation Credit Rating

Sector %
Banks 32%
Capital Goods 21%
Food Beverage and Tobacco 17%
13% 100%
Consumer Durables & Apparel
Materials 7%
Diversified Financials 5%
Energy 3% AAA Rating AA Rating A Rating
Software & Services 2% Note: The credit rating is presented as at month end for investments in fixed deposits
Consumer Services 0% and does not include ratings for equity investments. All ratings are by Fitch Ratings
Lanka.
Telecommunication Services 0%
Food & Staples Retailing 0%
Utilities 0%
Total 100%

Top Equity Holdings***

ACCESS ENG LTD HAYLEYS FABRIC PLC
CHEVRON LUBRICANTS LANKA PLC JOHN KEELLS HOLDINGS PLC
COMMERCIAL BANK OF CEYLON PLC SAMPATH BANK PLC
DISTILLERIES COMPANY OF SRI LANKA SUNSHINE HOLDINGS PLC
HATTON NATIONAL BANK PLC TEXTURED JERSEY LANKA LIMITED
***Note: In alphabetical order

▪ The annual average growth rate of the unit price for the Balanced fund is 11.3% per year, since the unit linked fund
was started.
▪ The unit price has increased by 5.5% for the period 01 January 2024 to 31 March 2024.
.

[AIA – PUBLIC]

[AIA – INTERNAL]
 Your fund performance: Secure fund
Unit Price Movement Asset Allocation

68.00 2%
63.00 65.41
58.00
53.00
48.00
43.00
38.00 98%
33.00
28.00

Apr 23
Apr 19

Apr 20

Apr 21

Apr 22

Apr 24
Aug 19

Aug 20

Aug 21

Aug 22

Aug 23
Dec 22
Dec 19

Dec 20

Dec 21

Dec 23
Government Securities Fixed Deposits Equity Money Market
Note: The asset allocation for the fund is presented as at month end. The future
Note: past performance is not an indication of future performance asset allocation may change based on market conditions and investment strategy.

Unit Price Growth (as a percentage) *Period from 31/12/2023 to 31/03/2024

Year 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024*
Unit Price 24.76 26.21 28.37 31.32 34.49 38.05 40.68 42.53 50.47 63.01 65.41
Growth (%) 7.6% 5.9% 8.2% 10.4% 10.1% 10.3% 6.9% 4.5% 18.7% 24.8% 3.81%

Note: past performance is not an indication of future performance

Credit Rating
▪ The annual average growth rate of the unit price for the
Secure fund is 11.0% per year, since the unit linked fund was
started.

▪ The unit price has increased by 3.81% for the period

01 January 2024 to 31 March 2024.
100%
▪ Investment holdings as of 31 March 2024 are in government
securities* resulting in AAA rated instruments for the
portfolio.
AAA Rating AA Rating A Rating
*Includes money market Instruments

Note: The credit rating is presented as at month end for investments in fixed deposits and
does not include ratings for equity investments. All ratings are by Fitch Ratings Lanka.

[AIA – PUBLIC]

[AIA – INTERNAL]
 Your fund performance: Protected fund
Unit Price Movement Asset Allocation

63.00 59.98 6%
58.00
53.00
48.00
43.00
38.00 94%
33.00
28.00
Aug 19
Nov 19

Aug 20
Nov 20

Aug 21
Nov 21

Aug 22
Nov 22

Aug 23
Nov 23
May 19

May 20

May 21

May 22

May 23
Feb 20

Feb 21

Feb 22

Feb 23

Feb 24
Government Securities Fixed Deposits Equity Money Market
Note: The asset allocation for the fund is presented as at month end. The future
Note: past performance is not an indication of future performance asset allocation may change based on market conditions and investment strategy.

Unit Price Growth (as a percentage) *Period from 31/12/2023 to 31/03/2024

Year 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024*
Unit Price 23.81 25.20 27.18 29.82 32.66 35.58 38.25 39.88 47.09 58.08 59.98
Growth (%) 6.9% 5.8% 7.9% 9.7% 9.5% 9.8% 6.7% 4.3% 18.1% 23.34% 3.27%

Note: past performance is not an indication of future performance

Credit Rating
▪ The annual average growth rate of the unit price for the
Protected fund is 10.5% per year, since the unit linked fund was
started.

▪ The unit price has increased by 3.27 % for the period

01 January 2024 to 31 March 2024.

▪ Investment holdings as of 31 March 2024 are in government 100%

securities* resulting in AAA rated instruments for the portfolio.

*Includes money market Instruments

AAA Rating AA Rating A Rating

Note: The credit rating is presented as at month end for investments

in fixed deposits and does not include ratings for equity investments.
All ratings are by Fitch Ratings Lanka.

[AIA – PUBLIC]

[AIA – INTERNAL]
 Your fund performance: Stable Money Market fund
Unit Price Movement Asset Allocation
23.00
22.00 22.32 0%
0%
21.00
20.00
19.00
18.00
17.00
16.00
15.00 100%
14.00
13.00
12.00
11.00
Apr 20

Oct 20

Apr 21

Oct 21

Apr 22

Oct 22

Apr 23

Oct 23
Jan 21

Jan 22

Jan 23

Jan 24
Jul 20

Jul 21

Jul 22

Jul 23
Government Securities Fixed Deposits Equity Money Market
Note: The asset allocation for the fund is presented as at month end. The future
Note: past performance is not an indication of future performance asset allocation may change based on market conditions and investment strategy.

Unit Price Growth (as a percentage) *21/04/2017 to 31/12/2017 **Period from 31/12/2023 to 31/03/2024

Year 2014 2015 2016 2017* 2018 2019 2020 2021 2022 2023 2024**
Unit Price - - - 10.62 11.70 12.88 13.85 14.49 17.18 21.51 22.32
Growth (%) - - - 6.2% 10.2% 10.1% 7.5% 4.6% 18.6% 25.2% 3.8%

Note: past performance is not an indication of future performance

Credit Rating
▪ The annual average growth rate of the unit price for the
Stable Money Market fund is 12.3% per year, since the unit
linked fund was started.

▪ The unit price has increased by 3.8 % for the period

01 January 2024 to 31 March 2024.

▪ Investment holdings as of 31 March 2024 are in government 100%

securities* resulting in AAA rated instruments for the
portfolio.

*Includes money market Instruments AAA Rating AA Rating A Rating

Note: The credit rating is presented as at month end for investments

in fixed deposits and does not include ratings for equity investments.
All ratings are by Fitch Ratings Lanka.

[AIA – PUBLIC]

[AIA – INTERNAL]
 Market Update: Interest Rates
We use the 364-day T- Bill as an indicator of how interest rates move

364-day T-bill: Since 01 Jan 2015 364-day T-bill: Since 01 Jan 2021
34.00% 34.00%
30.00% 30.00%
26.00% 26.00%
22.00% 22.00%
18.00% 18.00%
14.00% 14.00%
10.28%
10.00% 10.00%
10.28%
6.00% 6.00%
2.00% 2.00%

Nov-22

Nov-23
Jul-22

Jul-23
Sep-22

Sep-23
Mar-22
May-22

Mar-23
May-23

Mar-24
Jan-22

Jan-23

Jan-24
Nov-15
Jun-16

Oct-18

Nov-22
Jun-23
Dec-19
Jul-20
Apr-15

Feb-21
Sep-21
Apr-22
Aug-17

May-19
Jan-17

Mar-18

Jan-24
Note: Past performance is not an indication of future performance Note: Past performance is not an indication of future performance

Major events during the month Inflation: Since 01 Jan 2015

◼ CBSL decided to reduce the SDFR and the SLFR of the Central
80.0%
Bank by 50 bps to 8.50% and 9.50%, respectively.
70.0%
◼ Sri Lanka Gross Official Reserves (GOR) improved to US 60.0%
dollars 4.5 billion by end February 2024, which include the 50.0%
swap facility from the People’s Bank of China. 40.0%
30.0%
◼ The Sri Lanka rupee, which appreciated by 12.1 per cent 20.0%
against the US dollar in 2023, continued to show an 0.87%
10.0%
appreciation of 6.7 per cent thus far in 2024, in spite of 0.0%
May-17

May-20

May-23
Feb-15

Feb-18

Feb-21

Feb-24
Nov-15

Aug-16

Nov-18

Aug-19

Nov-21

Aug-22
notable foreign exchange purchases by the Central Bank.

Market Update: Stock Market

ASPI Movement: Since 01 Jan 2015 ASPI Movement: Since 01 Jan 2021
14,000
14,000 13,000
11,444.38 11,444.38
12,000 12,000
11,000
10,000 10,000
9,000
8,000 8,000
7,000
6,000 6,000
5,000
4,000 4,000
Apr 15

Apr 16

Apr 17

Apr 18

Apr 19

Apr 20

Apr 21

Apr 22

Apr 23
Aug 15

Aug 16

Aug 17

Aug 18

Aug 19

Aug 20

Aug 21

Aug 22

Aug 23
Dec 15

Dec 16

Dec 17

Dec 18

Dec 19

Dec 20

Dec 21

Dec 22

Dec 23

Oct 21

Oct 22

Oct 23
Apr 21

Apr 22

Apr 23
Jan 21

Jan 22

Jan 23

Jan 24
Jul 21

Jul 22

Jul 23

S&P SL Movement: Since 01 Jan 2015 S&P SL Movement: Since 01 Jan 2021
5,500
5,500
4,500 4,500
3,317.62
3,317.62
3,500 3,500

2,500 2,500

1,500 1,500
Oct 21

Oct 22

Oct 23
Apr 21

Apr 22

Apr 23
Jan 21

Jan 22

Jan 23

Jan 24
Jul 21

Jul 22

Jul 23
Apr 15

Apr 16

Apr 17

Apr 18

Apr 19

Apr 20

Apr 21

Apr 22

Apr 23
Aug 15

Aug 16

Aug 17

Aug 18

Aug 19

Aug 20

Aug 21

Aug 22

Aug 23
Dec 15

Dec 16

Dec 17

Dec 18

Dec 19

Dec 20

Dec 21

Dec 22

Dec 23

[AIA – PUBLIC]

[AIA – INTERNAL]
 ASPI and S&P SL 20 Performance (as a percentage) **Period from 31/12/2023 to 31/03/2024

Year 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024**
ASPI 7,299 6,894 6,228 6,369 6,052 6,129 6,774 12,226 8,490 10,654 11,444
Growth (%) 23.40% -5.50% -9.70% 2.30% -5.00% 1.30% 10.50% 80.50% -30.56% 0.57% 7.42%
S&P SL 20 4,089 3,626 3,496 3,672 3,135 2,937 2,638 4,233 2,636 3,068 3,318
Growth (%) 25.30% -11.30% -3.60% 5.00% -14.60% -6.30% -10.20% 60.50% -37.74% 1.94% 8.12%

Note: past performance is not an indication of future performance

*The S&P SL20 index was introduced on 18 June 2012. Inclusions in the S&P 20 index are rebalanced on a bi-annual basis.

Highlights of the performance

◼ The annual average growth rate of ASPI is 9.42% per year and S&P SL20 index is 1.34% per year, since the unit linked
funds were first started.
◼ The ASPI and S&P SL 20 have increased by 7.42% and 8.12% for the period of 01 January 2024 to 31 March 2024,
respectively.

Market Update: Stock Market

For the month
10 Companies with highest market
Description Feb-24 March-24 Capitalisation on the CSE as of 31 March 2024
All Share Price Index (ASPI) 10,652 11,444 ▪ JOHN KEELLS HOLDINGS PLC
ASPI growth for the month 3.30% 7.44% ▪ CEYLON TOBACCO COMPANY PLC
▪ LOLC HOLDINGS PLC
S&P SL 20 Index 3,037 3,037 ▪ LOLC FINANCE PLC
S&P SL 20 growth for the month 4.86% 9.23% ▪ SRI LANKA TELECOM
▪ COMMERCIAL BANK OF CEYLON PLC
Total market turnover (LKR Millions) 32,831 35,482 ▪ DISTILLERIES COMPANY OF SRI LANKA PLC
Market Capitalization (LKR Billions) 4,186 4,534 ▪ MELSTACORP PLC
▪ DIALOG AXIATA PLC
PE Ratio (times) 9.12x 9.87x ▪ SAMPATH BANK PLC

Highlights of the month

◼ The ASPI and S&P SL20 performed for the month of March 2024 by 7.44% and 9.23% respectively.
◼ Net foreign flows for the month amounted to LKR 4.26 Bn of outflows, a decrease from the prior period.
◼ The market has witnessed increased turnover for the period compared to the prior period.

Investment strategy: AIA Sri Lanka maintains a prudent investment strategy for its investment portfolios, in line
with its investment philosophy and guidelines as set out in the investment policy. The Company advocates a long-term
investment strategy supporting long-term growth. The equity strategy is driven by in-depth research with emphasis on
growth and sustainability of earnings whilst principles such as liquidity, solvency and corporate governance also play a
significant role in stock selection.

[AIA – PUBLIC]

[AIA – INTERNAL]
 Fund manager’s outlook

Fixed income outlook

◼ Regardless of the 50 basis points (Bps) policy rate cut on March 25th, 2024, Treasury bill rates did not react in proportion.
Consequently, during March, T-bill rates experienced a slight increase of 20-28 Bps, while most other medium to long-term
tenures remained unchanged.

◼ We anticipate a gradual growth in credit to the private sector throughout 2024 as borrowing costs decrease. This moderate
level of credit demand is expected to coincide with the gradual economic recovery driven by improvements in household
disposable income.

◼ Based on fiscal provisional data for FY 2023, we observed a primary surplus of approximately LKR 160 billion, reflecting a
commendable achievement in terms of the country's fiscal stance. Looking ahead, the need for additional borrowing is
anticipated to be relatively lower due to this significant primary surplus. However, it's crucial to acknowledge the potential
utilization of these buffers for various election-targeted expenditures.

◼ Year-on-year inflation for March 2024 was reported at 0.9%, as we anticipated the negative base effect from the
corresponding month of the last year dragged the inflation down. Additionally, reductions in electricity tariffs, fuel prices,
and vegetable prices contributed to the sharp decline in inflation. The appreciation of the LKR also has a positive implication
on inflation, leading us to expect a easing of inflationary pressures in the medium term. However, the base effect's impact is
expected to correct in April 2024, potentially causing inflation to bounce back to the range of 3-5%.

. Equity outlook

◼ Year-on-year inflation for March 2024 was reported at 0.9%, as we anticipated the negative base effect from the
corresponding month of the last year dragged the inflation down. Additionally, reductions in electricity tariffs, fuel
prices, and vegetable prices contributed to the sharp decline in inflation. The appreciation of the LKR also has a
positive implication on inflation, leading us to expect a easing of inflationary pressures in the medium term. However,
the base effect's impact is expected to correct in April 2024, potentially causing inflation to bounce back to the range
of 3-5%..

◼ The top five contributors to the ASPI index movement in March 2024 were HNB Bank PLC, LOLC PLC, Ceylon Tobacco
PLC, Sampath Bank PLC, and Commercial Bank PLC, respectively. According to our estimates, these top five contributors
accounted for approximately 37% of the ASPI index growth.

◼ The market multiple increased to 9.87X, marking an 8% rise during the month, while the average daily turnover
remained around LKR 1.8 billion. However, March saw net foreign outflows from the market totaling LKR 4.7 billion,
with only six trading days showing net foreign buys. This indicates that the Sri Lankan equity market was
predominantly driven by local investor participation.

[AIA – PUBLIC]

[AIA – INTERNAL]
 AIA Unit Linked Funds

FREQUENTLY ASKED QUESTIONS

▪ Where are AIA Unit Linked Funds invested?
The Unit Linked funds are invested in instruments specified in the policy documents i.e. government securities, debt securities and money
market investments such as fixed deposits, etc, and in shares listed on the Colombo Stock Exchange. These investments are made within the
parameters provided in the policy documents, in order to achieve the investment objective of each fund.
▪ Equities: Investment in shares listed on the Colombo Stock Exchange.
▪ Debt Securities: Investments in Treasury instruments, Corporate Debt instruments, repurchase agreements of Treasury instruments
and Corporate Debt instruments of longer maturity tenor than those classified as Money Market investments.
▪ Money Market investments: Funds held as Corporate Debt instruments, overnight repurchase agreements of Treasury instruments,

Issued by AIA Insurance Lanka Limited (Co.No.PQ 18 PB) 21/12/2021

Corporate Debt instruments with a tenor of one day, investments in Treasury instruments and cash in bank current accounts.

Treasury instruments refers to instruments such as Treasury Bills and Treasury Bonds issued by the government of Sri Lanka. Corporate
debt refers to debt instruments issued by financial institutions and companies.

▪ How does AIA manage Unit Linked funds?

AIA maintains a prudent investment strategy for its investment portfolios, in line with its investment philosophy and guidelines, as set
out in the Company’s investment policy. The investments of each fund are carried out in line with the investment objectives of the
respective fund. The Company advocates a long-term investment strategy supporting long-term growth. The equity strategy is driven
by in-depth research with emphasis on growth and sustainability of earnings whilst principles such as liquidity, solvency and corporate
governance also play a significant role in stock selection.

▪ Why do unit prices of the Growth & Balanced Funds fluctuate in comparison to the other Unit Linked
Funds?
The prices of all unit linked funds move in tandem with the price movements or market values of their underlying investments. The
Growth & Balanced funds invest in shares listed on the Colombo Stock Exchange. As prices of shares can be volatile at times, the unit
prices of Growth & Balanced funds too can move higher or lower in tandem with these movements in share prices.

▪ Is the All Share Price Index (ASPI) or S&P20 movement comparable with AIA Growth & Balanced Funds
Performance?
The Growth and Balance fund performance may differ from the performances of the ASPI and the S&P SL 20 stock indices due to the
fund portfolios holding different stocks and different proportions of stocks when compared to those used in the computation of the
indices. The ASPI measures the movement of share prices of all listed companies on the Colombo Stock Exchange based on market
capitalization and the S&P SL 20 measures the movement of share prices of 20 of the leading companies selected and rebased on
certain criteria including market capitalisation.

*Subject to Policy conditions

Terms and Conditions apply

For more information, please call AIA Insurance on

011 2 310 310 or visit www.aialife.com.lk

[AIA – INTERNAL]
 AIA Unit Linked Funds

▪ What are the Investment Strategies mentioned in the Policy Document* ?

Depending on the policy you have purchased, at the date of commencement the policy owner selects the investment strategy out of the four
available; namely Aggressive, Moderate, Cautious and Advanced. Aggressive, Moderate and Cautious strategies have their funds allocated
and switched at predetermined milestones depending on the policy term. Policy owners can switch fund strategies on written request during
the policy period subject to conditions. Policy owners with Advanced investment strategy are responsible for determining the allocation and
switching throughout the lifetime of the policy.

▪ What are Unit switches and amendment of Regular Premium Allocation Proportions?
Depending on the policy you have purchased, your Investment Linked Long Term Insurance Policy allows you to be in control of your
investments. Options such as Unit switches* and amendment of Regular Premium Allocation Proportions* may be available to you, so that
you have total control over your long term investment.
▪ Unit switches: If you request to switch units from one unit linked fund to another, the Company will cancel units of equal amount
from the fund from which the units are to be switched from at the Unit price of that fund prevailing on the day and after deduction
of switching charge, if any, and the funds so generated will be used to create units in the fund in which the amount is to be
switched to at the Unit price of that fund prevailing on the day. Note that the unit switches are not permitted into or out of the
Protected Fund and Stable Money Market Fund.
▪ Amendment of Regular Premium Allocation Proportions: At the written request of the Policy Owner, the Company will amend the
Allocation Proportion whereafter the previous Allocation Proportion will become ineffective, and the amended Allocation

Issued by AIA Insurance Lanka Limited (Co.No.PQ 18 PB) 21/12/2021

Proportion will be applicable to all future Basic Premiums received from the date of the Company's acceptance of the request. Note
that the amendment of allocation proportions is not permitted into or out of the Stable Money Market Fund.

▪ How often can Unit switches and Amendment of Allocation Proportions be executed?
▪ There is no limitation on frequency of Unit switches*
▪ The Company will only allow two (2) requests for Amendment of the Allocation Proportion within any Policy Year*
▪ The relevant applicable charges will be applied as stipulated in the Policy Document

▪ How can we get information on AIA Unit Linked Funds performance?

▪ Visit AIA Sri Lanka corporate website to view ‘AIA Investor’ for fund performance updates and details: https://www.aialife.com.lk/en/help-
support/our-unit-linked-fund-performance.html.
▪ Our new and improved AIA Customer Portal is accessible in all three languages. Simply visit our AIA corporate website and register for free
and access your policy details from the comfort of your own home, at any time (aialife.com.lk). Accessing unit price updates, policy
information and receiving real-time updates are the benefits of availing the customer portal.
▪ If you wish to receive the daily unit prices via SMS, kindly contact us on our hotline or via the customer portal and we will make necessary
arrangements for you to receive the daily SMS. We would also appreciate if you could notify us of any changes to your contact details.

*Subject to Policy conditions

Terms and Conditions apply

For more information, please call AIA Insurance on

011 2 310 310 or visit www.aialife.com.lk

[AIA – INTERNAL]
 [AIA – PUBLIC]

[AIA – INTERNAL]