Universal life fund is a fund formed by Target premiums and Excess premiums of all universal life policies. Universal life fund is separated from the Shareholder fund and other Policyholder funds of Shinhan Life Vietnam. Universal life fund is managed and invested by Shinhan Life Vietnam in accordance with current legal regulations.

• Investment objective: To build a balanced, diversified investment portfolio with high liquidity to optimize profits and minimize risks for the invested capital, providing the best long-term financial benefits for customers.
• Investment policy and portfolio: Universal life fund primarily focuses on investing in fixed-income assets, including Government bonds, bonds guaranteed by the Government, municipal bonds, bonds of issuers operating under Vietnamese law, securities and deposits at credit institutions.

Shinhan Life Vietnam officially established Universal life fund on March 1, 2025, and will announce the actual investment results of the Fund on annual basis and within 90 days from the end of the Fiscal year.