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Home > Investment Services > Fund > Monthly Funds Savings Plan
Section Arrow Monthly Funds Savings Plan
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"Monthly Funds Savings Plan" is a flexible and convenient investment tool that provides the advantage of "Dollar Cost Averaging". In this way, you don't have to worry about short term volatility in the markets. Instead, you can benefit from the growth potential of the funds in the long run. The earlier you start your savings plan, the sooner you can achieve your financial goals.

BulletLow contribution amount
BulletHigher potential returns generated by Dollar Cost Averaging
BulletExtensive fund choices
BulletConvenient online services
BulletHassle-free payment methods
BulletHighlights of the Monthly Funds Savings Plan
BulletTerms and conditions
BulletRisk Disclosure Statement
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Grey Line Red Arrow Low contribution amount

With a monthly contribution as low as HKD1,000, you can start your investment plan with ease.

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Grey Line Red Arrow Higher potential returns generated by Dollar Cost Averaging

With the strategy of "Dollar Cost Averaging", your monthly contribution will buy more units when the price goes down and fewer units when the price goes up. This may result in a lower average cost per unit over a long investment period, and free you from the impact of short-term market fluctuations.

Example (The figures are for illustrative purposes only and are not indicative of actual performance):
Contribution
Month
Fund Price
(HKD)
NetContribution Amount
(HKD)
Units Bought
 
January 10.20 1,000 98.04
February 9.60 1,000 104.17
March 9.80 1,000 102.04
April 10.10 1,000 99.01
  Total 4,000 403.26

Average cost per unit (HKD) =Net Contribution Amount ÷ Units Bought
  =4,000 ÷ 403.26
  =9.92
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Grey Line Red Arrow Extensive fund choices
A wide selection of funds, covering different markets, risk levels and investment tools (including equities, bonds and money markets), are available to meet your investment needs and targets.
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Grey Line Red Arrow Convenient online services
For your convenience, you can apply to set up or amend your Monthly Funds Savings Plan via our Internet Banking anytime, anywhere!
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Grey Line Red Arrow Hassle-free payment methods
Monthly contributions can be processed via direct debit from your securities settlement account or on a BOC credit card. If your contribution is settled by a BOC credit card, you can earn credit card bonus points from the transaction as well.
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Grey Line Red Arrow Highlights of the Monthly Funds Savings Plan
Minimum monthly contribution HKD1,000 (or equivalent) per fund
Minimum subscription period No limitation*
Handling charge for termination Free of charge*
Date of direct debit 20th of each month
*If the Monthly Funds Savings Plan is terminated within the first 12 months, a handling fee (based on 2% of the total investment amount) may apply.

For details of fees and charges, please refer to the Explanatory Memorandum.
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Grey Line Red Arrow Terms and conditions
  • Application for any addition to, amendment or termination of the Monthly Funds Savings Plan (the “Plan”) must be made at least three business days (“Business Day) at any branch or via online banking of the Bank of China (Hong Kong) Limited (the “Bank”) in advance of the designated date of contribution.
  • The date of contribution and subscription under the Plan is scheduled for the 20th of each month (the “Contribution Day”). If however it falls on a Saturday or a public holiday in Hong Kong, the relevant subscription and transaction will be made on the next Business Day.
  • Monthly contributions can be made via customers’ settlement account of the securities account maintained at the Bank (“the Settlement Account”) or on a BOC credit card. If settled via the Settlement Account, the monthly contribution will be debited on the designated Contribution Day, and customers are required to maintain sufficient funds in the Settlement Account to cover the amount. If settling payment on a BOC credit card, the monthly contribution will be debited two Business Days in advance of the designated Contribution Day or any other time specified by the Bank. The customer must ensure that the available credit limit is sufficient to cover the contribution amount.
  • The minimum monthly contribution via the Settlement Account is HKD1,000 (or equivalent), while the monthly contribution via a BOC Credit Card must be between HKD1,000 and HKD20,000.
  • In the event that three consecutive unsuccessful contributions have been recorded, the Bank may terminate the Plan immediately.
  • The Bank reserves the right to amend and/or withhold the above terms and conditions at its discretion.
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Grey Line Red Arrow Risk Disclosure Statement
Investment in Investment Funds involves significant risks. It is impossible to describe every risk associated with such an investment that is relevant to you. Before making your investment decision, you should carefully read the offering documents of the relevant Investment Fund including, in particular, the sections about risks and ensure you fully understand the nature and all the risks associated with an investment in the relevant Investment Fund and are willing to assume such risks.

Before making any investment decision, customers should assess their own financial position, investment objectives and experience, willingness and ability to bear risks and understand the nature and risk of the relevant product. For details of the nature of a particular product and the risk involved, please refer to the relevant offering documents. Customers should seek advice from an independent financial adviser.

Although investment may bring about profit opportunities, each type of investment product or service comes with its own risks. Due to the fluctuating nature of the markets, the prices of products may rise or fall beyond customers' expectations and customers' investment funds may increase or decrease in value as a result of selling or purchasing investment products. Loss may equal or exceed the amount of the initial investment. Income yields may also fluctuate.

Due to market conditions, some investments may not be readily realizable. Investment in Investment Funds is different to placing moneys on deposit with us or anywhere else. The Investment Funds are not our or any of our affiliates' deposit or other obligations, nor are they guaranteed by us or any of our affiliates.

Certain Investment Funds may invest in higher yielding securities rated lower than investment grade (i.e. debt securities rated below BBB- by Standard & Poor's or below Baa3 by Moody's). Below investment grade securities may be considered speculative and can include securities that are unrated or in default. As a result, investment in those Investment Funds is subject to a higher degree of credit risk than investment in higher rated, lower yielding securities. Prior to investing in any Investment Fund, you should carefully consider (a) the possible tax consequences, (b) the legal requirements and (c) any foreign exchange control requirements which you might encounter under the laws of the countries of your incorporation, citizenship, residence or domicile which might be relevant to the purchase, sale, subscription, holding, conversion or disposal of the shares or units in Investment Funds.

Returns are denominated in the currency of the relevant Investment Fund. If your home currency is different from the Investment Fund currency or the Investment Fund's reference currency, changes in currency exchange rates may erode your investment gains or widen your investment losses.

Foreign currencies / RMB investments are subject to exchange rate fluctuations which may provide both opportunities and risks. The fluctuation in the exchange rate of foreign currencies / RMB may result in losses in the event that the customer converts the foreign currencies / RMB into HKD or other foreign currencies. RMB Conversion Limitation Risk (Only applicable to Individual Customers) - RMB is currently not fully freely convertible. Individual customers can be offered CNH rate to conduct conversion of RMB through bank accounts and may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance. RMB Conversion Limitation Risk (Only applicable to Corporate Customers) - RMB is currently not fully freely convertible. Corporate customers that intend to conduct conversion of RMB through banks may occasionally not be able to do so fully or immediately, for which it is subject to the RMB position of the banks and their commercial decisions at that moment. Customers should consider and understand the possible impact on their liquidity of RMB funds in advance.

Investors should note the risks of concentration of investment in a single country or market.

The above content does not constitute an offer, or an invitation to purchase or sell any investment product or service mentioned above.

This web page is issued by Bank of China (Hong Kong) Limited. The contents of this promotional material have not been reviewed by any regulatory authority in Hong Kong.
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