Both changing allocation ratios for contributions and switching are the procedures for changing investment products. However, the two procedures are separate procedures with different targets, and are not linked to each other.

 

(1) Designating/Changing allocation ratios for contributions

When you designate or change allocation ratios for contributions, they will be reflected in the investment product(s) to be purchased with next contributions, but current holdings will not change.

 

(2) Switching

Switching refers to the transactions of selling the investment products currently held and purchasing other investment products. Switching applies only to the investment products that you specify to be sold or purchased, and there will be no change in the investment products to be purchased with future contributions.