The HSBC-Link SGD Reserve Fund is a parking fund designed as a vehicle for investors to place their money in times of market volatility. The main objective of this fund is to invest primarily in Singapore Dollar denominated money market instruments and debt securities to achieve a return in line with the one month Singapore Dollar Interbank Bid Rate (SIBID) whilst managing liquidity and risk to preserve capital.
The fund is suitable for people who:
Are looking to park or switch their funds during high market volatility.
Free fund switches You can have unlimited switches between funds. This is to ensure your portfolio objective is aligned with your investment objective, which may change along the way.
Liquidity for your investment Your money is not tied to any fixed term when you invest in this fund through our investment-linked policy. You can choose to withdraw your investment at any time*.
Capital protection upon death In the event of death, your loved ones will receive a death benefit equivalent to at least 100% of your investment amount#. You do not need to pay any extra for this insurance protection.
Tax free returns Under the current Singapore tax laws, proceeds of a personal life insurance policy are not subjected to income tax.
Act today! HSBC-Link SGD Reserve Fund can be invested using Cash or SRS. You can start from as little as S$100 cash per month or a single premium of S$5,000. You can even top-up your investment over time. Speak to our financial planner or appointed distributor to find out more about the fund.
Call us on (65) 6225 6111 for more information! Fund details
Investment Objective
To invest primarily in Singapore Dollar denominated money market instruments and debt securities to achieve a return in line with the 1 month Singapore Dollar Interbank Bid Rate (SIBID) whilst managing liquidity and risk to preserve capital.
Launched By
HSBC Insurance (Singapore) Pte. Limited
Launched On
14 October 2005
Fund manager
Schroder Investment Management (Singapore) Ltd
Benchmark
1-Month Singapore Dollar Inter-Bank Bid Rate (SIBID)
Currency Base
Singapore Dollar
Source of Funds
Single Premium and Recurrent Single Plan: Cash, SRS
Regular Premium: Cash only
Unlimited free switches between non-Takaful investment-linked policy funds.
Charges
Bid / Offer Spread+
5%
Management Fee (p.a)
0.25%
*Full or partial withdrawal can be made provided there is enough cash value in your investment-linked policy plan at the time of surrender. Your surrender value will be based on the next determined bid price of the fund. Please note that for HSBC’s Growth Cultivator, surrender penalty applies to full/partial withdrawal before the second policy anniversary. An early termination of the policy will usually involve high costs and the surrender value payable may be less than total premium paid.
# Investment amount = Original single premium + Top up - Withdrawal
+For Single Premium (Asset Manager series) and Recurring Single Premium (Accumulation Manager) investment-linked plans, bonus units of 2.11% will be given. Net sales charge of 3% applies. Important Notes Investor should note that there is no guarantee on the capital and returns. The actual returns depend on the actual performance of the underlying investments.
The past performance of the fund manager is not necessarily indicative of its future performance.
Investor should read the latest fund fact sheet, fund manager's report, fund summary and product summary on investment-linked plans for details before deciding to invest.
This information is subject to change.
This information is not to be regarded as an invitation or recommendation by us to buy the fund. You should seek advice from a qualified adviser.
