FlexInvest by HSBC

What is product risk level?

Product risk level is derived based on our quantitative evaluation of the price volatility, issuer risk, contractual maturity and qualitative factors. The meaning of each risk level is:-

Low (1)  - Minimal chance of losing a significant portion of your capital over the term of the investment (although this is not guaranteed). Expected to demonstrate minimal price fluctuations over short periods of time.

Low to Medium (2) - Low chance of losing a significant portion of your capital over the term of the investment (although this is not guaranteed). Expected to demonstrate moderately low level of price fluctuations over short periods of time.

Medium (3) - Moderate chance of losing a significant portion of your capital over the term of the investment (although this is not guaranteed). Expected to demonstrate moderate level of price fluctuations over short periods of time.

Medium to High (4) - Moderately high chance of losing a significant portion of your capital over the term of the investment. Expected to demonstrate moderately high level of price fluctuations over short periods of time.

High (5) - High chance of losing a significant portion of your capital over the term of the investment. Expected to demonstrate high level of price fluctuations over short periods of time.

How do I know if the funds match my risk profile?

You'll have to take the risk profile questionnaire to find out your risk tolerance before investing. You may consider investment products with risk levels commensurate with your investment risk tolerance according to the following table:

How much is the monthly platform fee?

The monthly platform fee is charged on the first business day of the next month. Fees will vary based on your average holding balance. If your average holding balance is

• less than HKD10,000, no fees will be charged
• between HKD10,000 and HKD200,000, you'll have to pay HKD28 every month.
• more than HKD200,000, you'll have to pay 0.8% p.a. of your average holding balance every month.

Are there any other fees for investing in the funds?

Yes, there are other fees charged by the fund house. The other fees won't be deducted from your settlement account, but they will be reflected in the market value of your holdings. Please refer to the fund offering documents for more details.

What is a money market fund?

Money market funds invest only in highly liquid instruments such as short-term deposits and money market instruments issued by governments, quasi-governments, international organisations, financial institutions and other corporations. They aim to preserve capital and provide daily liquidity together with an investment return that is comparable to normal money market rate.

What is an index fund?

Index-tracking funds, commonly called index funds or tracking funds, are funds set up to track the index performance of a particular investment market. The investment objective of an index-tracking fund is to provide investors with returns substantially in line with the performance of the relevant index.

How are the fund prices calculated?

Fund prices are calculated based on the net asset value of the funds.

How is fund performance calculated?

Fund performance is calculated on a NAV to NAV / bid to bid basis in the denominated currency of the respective share class, with dividend reinvested.

What is an unrealised gain/loss?

An unrealised gain/loss is the change of the market value of your funds that you hold and have not been sold.

Will the return stated on the funds indicate the return I'll receive for my investment?

No, it won't. The return is the past performance of the respective funds, and should be considered with other fund details when you explore different funds. Past performance is not indicative of future performance.

Do the funds provide a guaranteed return or any capital protection?

No, they don't. You can refer to the product risk level on the fund details page to understand the risk you’re taking.

Product risk level is derived based on our quantitative evaluation of the price volatility, issuer risk, contractual maturity and qualitative factors. The meaning of each risk level is:-

Low (1)  - Minimal chance of losing a significant portion of your capital over the term of the investment (although this is not guaranteed). Expected to demonstrate minimal price fluctuations over short periods of time.

Low to Medium (2) - Low chance of losing a significant portion of your capital over the term of the investment (although this is not guaranteed). Expected to demonstrate moderately low level of price fluctuations over short periods of time.

Medium (3) - Moderate chance of losing a significant portion of your capital over the term of the investment (although this is not guaranteed). Expected to demonstrate moderate level of price fluctuations over short periods of time.

Medium to High (4) - Moderately high chance of losing a significant portion of your capital over the term of the investment. Expected to demonstrate moderately high level of price fluctuations over short periods of time.

High (5) - High chance of losing a significant portion of your capital over the term of the investment. Expected to demonstrate high level of price fluctuations over short periods of time.

Will index funds adjust their holdings regularly?

Index funds aim to replicate the performance of the index. When there is a change of weighting of composite, or addition/removal of the composite, the index fund will adjust its holdings accordingly.

Why do some funds pay dividends and some don't?

Some funds will reinvest the earnings to grow the investment balance. Some funds will distribute dividends to create a regular cash flow for their investors. You can refer to the respective fund offering documents for more details.

I would like to find out more information and get more investment ideas on HSBC products. Where can I go to find out more?

You can visit the Wealth Insights section on our website to find out more about exclusive analysis and insights.

The list of funds in FlexInvest is not what I want. Where can I look for other investment products?

FlexInvest offers a selection of money market funds and index funds. If you're looking for other investment products, you may visit our website or our branch for more information.

What is the settlement date for monthly investment plans?

Different funds will have different settlement dates because of different settlement lead-time. You can refer to the respective fund offering document for more details.

Can I cancel my monthly investment plan before it ends?

Yes, you can cancel your monthly investment plans any time you want without any penalty fees.

Can I make contribution to the investment in foreign currencies?

You can either use Hong Kong dollar or the fund's currency to contribute to the investment.

Will the bank provide a statement of my investments regularly?

Yes, you can find your funds and transaction records in your eStatement. You can also find the transactions details in the eAdvice you receive for the transactions you've made in FlexInvest.

In FlexInvest, will I be able to review the holdings and transaction records of all of my funds in HSBC?

No, you won't be able to review all of your funds in HSBC. You'll only be able to review the funds you've bought in FlexInvest. Please log on to online banking for the records of other funds.