Through the Regular Savings Facility you will be instructing HSBC Global Asset Management (Malta) Limited to withdraw money (by direct-debit) on a periodic basis from an account you maintain with HSBC Bank Malta p.l.c. and to invest it, according to your choice, into one or more of the investment funds managed by HSBC Global Asset Management (Malta) Limited.

What are the main advantages of the Regular Savings Facility?

• Less risk – By investing at regular intervals, you will be buying units at different prices, thus averaging in the price and therefore reducing the risk of buying units when the markets are at peak.
• Affordability – The minimum investment in an RSF is only €90 per month.
• Flexibility – You can stop, start, increase or decrease your contributions as you deem fit at any time during the term of the RSF. The periodicity of the contributions is another flexible characteristic.
• Target sum – You can put aside a monthly sum to reach a target amount to be used for some planned future expenditure (a wedding, purchase of a car, study course etc.) although it is recommended that the investment term should not be less than 5 years.
• Savings habit – An RSF fosters a savings habit with the contribution being debited to your savings or current account automatically through a direct debit facility.

What are the salient features of the Regular Savings Facility?

• Regular payments can be made at either monthly, quarterly, half-yearly or yearly intervals.
• The regular payment amount can be debited from your bank account on either the 14th or the 28th day of the  relative month of payment.
• The regular payment amount can be changed at any time at no extra cost.
• You can suspend or cancel your RSF at any time.
• You will receive an additional valuation statement of your investment free of charge for the period January-June.

What is required to apply for the Regular Savings Facility?

You must hold an investment account in any of the open-ended funds managed by HSBC Global Asset Management (Malta) Ltd. Alternatively, you may open an investment account subject to any applicable minimum amounts for the fund selected. You must also hold a savings or current account with HSBC Bank Malta p.l.c.