Frequently Asked Question

For sole name / joint names Integrated Account customers, you can open an Investment Fund account and apply to set up a Monthly Investment Plan for Funds through Hang Seng Personal e-Banking. The set-up instruction will be effective in the next calendar month and the first payment date will be the 15th calendar day of the following month (where no clearing service is provided by Hang Seng Bank (the "Bank") in respect of the monthly contribution on such day, it will be the next day on which clearing service for such payment is available).

Funds available for subscription are set out here. Such funds include certain funds managed by Hang Seng Investment Management Limited and by other reputable fund houses, and distributed by the Bank.

The minimum monthly investment amount is HKD500.

Two payment methods are available for your selection:

No. If you have already set up a Monthly Investment Plan for Funds or have a set-up/amendment instruction pending in respect of a fund, you cannot set up another Monthly Investment Plan for Funds in respect of the same fund under the same Investment Fund account.

You can check details of pending instructions by clicking 'Pending Instructions' under 'Monthly Investment Plan'. Under that section, you can also amend or cancel pending instructions. Amendments to pending instructions will take effect in the following calendar month. Cancellations of pending instructions will take effect immediately.

You can check the details of current holdings and current plans by clicking 'Current Holdings' and 'Current Plans' respectively under 'Monthly Investment Plan'. The monthly statements of your Investment Fund account also list out the number of fund units held and the unit price of funds as of month end.

You can amend or terminate your Monthly Investment Plan for Funds free of charge by clicking 'Current Plans' under 'Monthly Investment Plan' and then click the relevant icons to make the relevant changes. All instructions received by the Bank will take effect in the following calendar month.

Your Monthly Investment Plan for Funds will be terminated automatically if (for whatever reason) the Bank cannot debit your designated account for the required monthly investment amount for two consecutive months.

You can continue to hold the fund units, apply for redemption or switching of the fund units into units (of the same class) of another fund included in the Monthly Investment Plan for Funds "Fund List" and provided by the same fund house. However, you should note that there are certain limitations, such as minimum holding/redemption/switching amount (currently HKD20,000 or its equivalent; if your then current holding is less than such minimum amount, you can continue to hold the fund units or redeem all the fund units) and certain fees (e.g. redemption fee and switching handling fee) may apply.