Whether you wish to further your studies, buy a property, get married or save for your children's education or your own retirement, you need to start planning today! At ICBC (Asia), we can help you secure a brighter future with our Investment Savings Plan. By investing a certain amount each month, your monthly contribution will be invested regularly in a portfolio of blue-chip Hong Kong stocks or mutual funds to achieve your financial goals. The earlier you start saving, the sooner you and your family can realize your dreams!
The Investment Savings Plan is based on the concept of "Dollar Cost Averaging". By investing a regular amount every month into your predetermined stock or fund, this helps to free you from predicting the market trend. When the market price of your predetermined stock or fund goes up, you will buy comparatively less units of stock or fund. On the other hand, when the market price goes down, you will automatically buy more units. Over a period of time, the average cost per unit may be lower than the average price of the stock or fund. This frees you from monitoring the market and helps to achieve your financial goal earlier. You can refer to the below example for comparison of 2 kinds of securities purchasing method wtih:
The plan offers a choice of two investment tools - stocks and funds. Just deposit your predetermined contribution amount every month and we will purchase your predetermined stock or fund regularly to help you achieve your financial goals.
The minimum monthly contribution amount for the Investment Savings Plan is HKD1,000, with no upper limit on the contribution amount and investment period. Depending on your financial position and investment goals at different stages in your life, you can change your predetermined stock or fund or monthly contribution amount any time for more flexibility.
The Investment Saving Plan is not and shall not be considered as normal time deposit or its substitute. ICBC (Asia), or any connected company, may have a position in any of the instruments or currencies mentioned in this document.
Investments involved risks. The prices of securities and funds may move up and down and may become valueless. Please refer to relevant offering document for detail information prior to any investment. Before entering into any transaction, you should take steps to ensure that you understand the transaction and have made an independent assessment of the appropriateness of the transaction in the light of your own objectives and circumstances. You should also consider to seek independent professional advices as you consider necessary or appropriate. ICBC (Asia) does not make any representation or warranty as to the outcome of any investment in connection with the information contained in this document.
If there is any dispute arising out of the selling process or processing of the related transaction in the future and the dispute is eligible as defined in the Terms of Reference for the Financial Dispute Resolution Centre in relation to the Financial Dispute Resolution Scheme, the Bank is required to enter into a Financial Dispute Resolution Scheme process with the customer. However, any dispute over the contractual terms of the product should be resolved between directly the product service provider and the customer.
This Investment Savings Plan is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong.