Online advice – made by humans for humans
Keen to do more with your money yet not sure how to invest? My Investment could be perfect for you.
HSBC My Investment is an online advice service that makes investing even more accessible. Now you can start investing with just £50 a month, a lump sum of £1,000 - or both.
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, registered for online banking
- 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 £50 a month
- Pay a one-off advice fee of just 0.5% – only if you choose to invest
- Invest in as little as 25 minutes
Tailored to your needs
- Get a personalised investment recommendation report
- Find out how much investment risk you’re comfortable with
- Disover which HSBC investment fund's right for you
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’s right for you, we’ll send your personalised investment recommendation report via online banking. You can also access it via your HSBC Mobile Banking app.
In the report, we'll recommend an HSBC 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 an advice fee of 0.5% of the amount you invest. If you’re making monthly payments, this would be based on 12 months of contributions.
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 invest £50 a month, you'd pay a one-off advice fee of just £3 and the annual maintenance costs for the first year would be around £1.50.
If we recommend a fund to you, we’ll explain more about the charges involved to help you decide whether you want to invest.
New to investing?
Get personalised advice to help you make your first investment.
Continue with an existing application.