HSBC Malaysia has launched EZInvest, a unit trust investment platform within its mobile app that allows customers to easily invest in unit trust funds of their choice with a tap of a button.
Investors will be able to diversify their wealth portfolio at their own convenience, all within the HSBC Malaysia mobile app. Users will be able to view of the performance of their portfolio in real-time and managing funds is made simple through the app. In addition, investing on the platform is affordable to all, with just a minimum of RM500 to get started. The convenience is likely to be welcomed by more passive investors who simply want to get more out of their savings, and want additional options to park their funds.
With a wide variety of 11 unit trust funds spread across different asset classes and regions worldwide, EZInvest caters to investors of all risk appetites who will be able to choose what they are most comfortable with. The affordability and flexibility offered means that users may invest by depositing a lump sum or making progressive monthly contributions to their investment, with the option to set the desired duration of investment plans also offered on the platform. Buying and selling can be done round the clock, allowing more active users to optimise their returns based on the latest market information.
In terms of security, the financial data of investors is protected via several means, including biometric verification, unique username and password, or a one-time security code generated by mobile secure key.
“This is a significant milestone for us as EZInvest will be the first investment feature on our Mobile app, enabling customers to go beyond payments and transfers,” said Jon Chivers, Head of Wealth, Wealth and Personal Banking at HSBC Malaysia, adding that it was part of the bank’s ongoing efforts and investment in digital wealth.
EZInvest is available within the latest version of the HSBC Malaysia mobile app, and can be used by HSBC and HSBC Amanah.