Service Highlights
Service Highlights
Service Highlights
Comprehensive investment fund services
With hundreds of funds for selection
With hundreds of funds for selection
Highlight 1: New fund search interface to let you select funds with ease
Hang Seng Fund SuperMart
- Simpler sorting function
- Quick links for fund Watch List and New Funds Express
- Market Sector Performance and Advanced Search to enable you to customize your search
Highlight 2: Save investment costs
Hang Seng Advanced Switching Service
Fund subscription fee as low as Net 1.5%
Highlight 3: Highly flexible for switching between
funds managed by different fund houses
Hang Seng Advanced Switching Service
Customers can reinvest the redemption proceeds of the original fund in funds managed by other fund houses.
General Switching Services
Customers can only reinvest the redemption proceeds of the original fund in funds managed by same fund houses.
Highlight 4: Redeem and subscribe at the
same time to shorten the time for switching
Hang Seng Advanced Switching Service
We provide an advance to save customers'
time from waiting for redemption proceeds of the
original fund to be deposited into their accounts. Investment timing is in your grasp.
General Fund Trading Services
Customers have to wait approximately
7-10 working days for fund
redemption proceeds of the original
fund before reinvesting.
Remark:
- The Advanced Switching Service (the "Service"):
- The Service is provided by Hang Seng Bank Limited (the "Bank") and enables customers to use the advance made by the Bank to apply for subscription of units in another fund (the "New Fund") before redemption proceeds from the original fund (the "Original Fund") are deposited into their accounts, regardless of whether the New Fund and the Original Fund are managed by the same fund house, and to allow customers to repay the advanced amount with the redemption proceeds thereafter.
- Customers should be aware that they may have to provide separate moneys to repay all/part of the advanced amount made by the Bank to the customers for subscription of the New Fund, to bear the redemption fee (if applicable) for the redemption of the Original Fund, and to pay interest and other fee(s) charged by the Bank in certain circumstances.
- The Service is available to the Investment Fund Account (under the account number suffix of 382) under the Prestige Private, Prestige Banking, Preferred Banking and Integrated Account. Customers have to apply for redemption of a fund with redemption proceeds (estimated by the Bank based on the latest available unit price of that fund) of not less than HKD100,000 (or any other amount as specified by the Bank from time to time) in one single transaction. And for any single fund subscription application through Hang Seng Personal e-Banking, the maximum subscription amount is HKD4,000,000 (or any other amount as specified by the Bank from time to time).
- The Service does not apply to fund units with no subscription fees, funds with a dealing frequency that is not daily or other fund transactions as specified by the Bank from time to time. Funds in respect of which the Service is available may be changed from time to time without prior notice.
- Customers must read the full version of the Terms and Conditions stated in the application form for the Service before applying therefor. By using the Service, customers are deemed to have accepted the full version of the Terms and Conditions for the Service and will be bound by them. Copies of the Terms and Conditions for the Service are available at branches of the Bank or can be downloaded from the website of the Bank.
- Apart from the Advanced Switching Service, the Bank also provides customers with the General Fund Switching Service, which allows customers to switch funds held with the Bank to other funds managed by the same fund house. Currently, Investment Fund Account (under the account number suffix of 382) customers who switch funds through branches, phone banking or Hang Seng Personal e-Banking are required to pay a switching handling fee of 1%. For details of the General Fund Switching Service and offer, please contact our staff.
Learn More
General enquiry: 2998 9898
Prestige Private & Prestige customers can contact our 24-hour Wealth Service Team via "Click-to-call" or "Live Chat" on Hang Seng Mobile App, or call hotline for enquires.
Prestige Private: 2998 8022
Prestige: 2998 9188
Investors should note that investment involves risks (including the possibility of loss of the capital invested), prices of fund units may go up as well as down and past performance information is not indicative of future performance. Investors should read the relevant fund's offering documents (including the full text of the risk factors stated therein) in detail before making any investment decision.
The above offer is not and should not be considered as an offer or solicitation to deal in any of the investment products or services mentioned herein.
