If you choose to invest in a fund and you want to make your own decisions about which funds to invest in, you can do so via the HSBC Global Investment Centre, which is a simple platform that gives you access to different funds and research tools. You can start investing with just £100.
If you’d rather a more hands-off option for investing in funds, you can choose one of HSBC’s Global Strategy Portfolios – a suite of five ready-made portfolios that are managed on your behalf. Each of the five portfolios has a different level of risk. All you need to do is choose your preferred level of risk and HSBC will do the rest.
If you want to dabble in shares, you can do so via InvestDirect which is an online account used for buying shares in UK companies. HSBC thankfully do all the paperwork for you, which is why there are admin fees attached to the account, which run at approximately £42 per year, plus one-off fees when buying new shares. It’s also worth noting that you’ll pay 0.5% stamp duty of shares to HRMC (unless you pop them in an ISA). If you fancy owning a slice of US companies, you’d need an InvestDirect Plus account, which gives you access to the US markets and carries different fees.
If you aren’t sure of what you want to invest in you need to speak to a financial adviser. HSBC offers financial advice over the phone if you want to discuss investments of £15,000 or more, or in a branch if you want to discuss £50,000 or more. It should be noted, though, that fees do apply for both of these services.
Eligibility criteria and fees apply
Show