1.	Scheme members with Average Daily Asset Valuea at HKD 250,000 or above will be eligible for a progressive rebate in respect of this Scheme Yearb. This rebate is calculated at progressive rated on the designated range of Average Daily Asset Valuea according to the following table. Portion of Average Daily Asset Valuea (HKD) Progressive Rebated Illustrative Example of Rebate Entitlement* using Average Daily Asset Value of HKD 3 millions (HKD) (A) (B) (A) x (B) The first $1,000,000 0.1% $1,000 The next $1,000,000 0.15% $1,500 Remainder 0.2% $2,000 Total rebate: $4,500 (in terms of units of My Choice Stable Fund) *This example aims to illustrate the calculation mechanism of progressive rebate. It is assumed that the Average Daily Asset Value of a scheme member, who joined the Scheme before 1st July 2013, is HKD 3,000,000 as at 31st March in a member account. The total rebate in this example is $4,500 (in terms of units of My Choice Stable Fund).
2.	Scheme members joining from 1st April to 31st December c (both dates inclusive) will be entitled to a one-off fixed rebated of 0.2% on Average Daily Asset Valuea, regardless of the asset size.
Rebate Settlement Arrangement for Items (1) & (2)
The unit rebate will be credited within the second week of April and reflected in the Member Annual Benefit Statement for the Scheme Year. The rebate will be converted into units of My Choice Stable Fund using the unit price at the date of conversion as determined by the trustee and credited to the client's existing contribution account or personal account as the member's voluntary contribution.