PIDM protects 2 things that i know of. one is savings account, one is insurance policy. PIDM doesn't pay out when the depositor die. i think most people don't see that pidm doesn't just protect savings, it protects insurance too.

Pros 2...

HLA EverGreen Fund 2023: Current price as at 08/03/2016 is 0.9183. Price at maturity at Dec 2023 is 1.2358. Using excel i can tell you the compounded return over 7.5 years is 4.04%. I used 7.5 year as an approximation.

HLA EverGreen Fund 2035: Current price as at 08/03/2016 is 0.8451. Price at maturity at Dec 2035 is 1.4221. Using excel again, the compounded return over 19.5 years is 2.71%, using approximation of 19.5 years.

All these information are obtained below, except of return percentage.
HLA EverGreen Fund

Now, the above calculation assumes that every single cent you put with HLA is used to buy the funds and there are no charges. truth is there are charges.

even assume that all the money you paid in, goes to the investment fund, because it's an insurance product, it deducts monthly charges to pay for the cost of insurance. also for the first 6 years of the premium payment, which means not all the premium you paid goes into investment. part of the premium you paid goes to commission. so... factoring all these expenses, the actual return will be lower than the one i calculated above.

the numbers shown are actual numbers, not even based on past performance. assuming current performance.

the example i showed at number 4 is to illustrate what it means when it says price is guaranteed, doesn't mean capital guaranteed. two very very different scenario that brings very very different results.