HSBC Offshore announced last week that it has launched 'Freedom', a new investment service designed to give customers more control over, and greater access to their investment portfolios.
The new service is available online or by phone, and offers access to 33 HSBC sub-funds from the firm's HSBC Asset Management Investment Funds and HSBC Global Investment Funds arms. The minimum initial investment is $5,000.
According to HSBC, the Freedom service offers five key advantages, namely:
- Access to a wide choice of investments in different countries or regions;
- The flexibility to invest in equities, bonds, or currencies;
- Competitive charges plus switching between funds at no extra cost;
- Lump sum or regular payment options in dollars, sterling, or euros;
- Easy monitoring of fund performance.
Speaking on Thursday, HSBC Offshore's head of global funds and insurance, Martin Spurling announced that:
'The range of funds in our new Freedom service gives our self-investing clients choice, flexibility and control of their investments. We are offering a global choice of fund options ranging from the cautious to the adventurous.'
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