Online advice – made by humans for humans
Keen to do more with your money yet not sure how to invest? HSBC My Investment could be perfect for you.
HSBC My Investment is an online advice service that makes investing more accessible. You can start investing with £1,000, making optional contributions of as little as £50 per month.
No need to book an appointment or pick up the phone. Simply tell us about your finances and we’ll tell you whether you're ready to invest and which HSBC investment is right for you.
Of course, the value of investments and any income they generate can go down as well as up, so you may get back less than you invest.
There's no fixed term and your money can be accessed at any time. However, you should aim to invest for at least 5 years.
Are you eligible?
You can use HSBC My Investment if you're:
- at least 18 years old
- an HSBC current account customer
- currently in the UK and a UK resident
- not a US national/citizen/resident (eg a US passport or green card holder)
Features & benefits
Accessible, low-cost advice
- Start investing with just £1,000
- Pay a one-off advice fee of just 0.5% – only if you choose to invest
- Invest in an ISA at no extra cost
Tailored to your needs
- Get a personalised recommendation on how to invest
- Find out how much investment risk you’re comfortable with
- Invest in as little as 25 minutes
How does it work?
We'll take you through a series of questions about your current situation and your future plans to work out whether you’re ready to invest, how much you can afford to invest and how much risk you’re comfortable with.
If investing is right for you, we'll recommend an HSBC Global Strategy investment fund that meets your needs. Just as you’d expect from a global bank, our funds invest in both developed and emerging markets. This mix of UK and overseas investments can help to broaden your horizons while spreading your risk.
The funds are monitored daily by colleagues in HSBC Global Asset Management (UK) Limited – a team of investment professionals whose job it is to ensure they stay within their designated risk profile. So all you need to do is decide whether to invest and we’ll do the rest for you.
What does it cost?
The first thing you need to know about cost is you’ll only pay an advice fee if you choose to invest - and there's no obligation for you to do that.
If you decide to go ahead, you'll pay a one-off advice fee of 0.5% of the amount you invest. You'll also pay ongoing costs for running your investment which will be around 0.49% a year - depending on the investment we recommend and its value at the time fees are payable.
So if you invested a lump sum of £1,000, you'd pay an advice fee of just £5 and annual maintenance costs of around £4.90.
You can find out more about charges in HSBC My Investment Key Features document and in our terms and conditions, which we’ll ask you to read before you apply.