Funds 

To make an adjustment to any of your other banking with us, tell us what support you need and we can make your banking work best for you. 

This could be support for:

• How we communicate with you
• Taking control of your finances
• Third party support
• A change to your personal circumstances

This is 0.25% of the value of the investments, taken quarterly from your nominated HSBC account. For example, a £1,000 investment would have a £2.50 account fee.

This charge varies depending on the fund you choose and is calculated as a percentage of your investment. It is taken by the fund manager, which means you don't have to pay it directly, as it's reflected in the valuation of the fund.

Funds are a ready-made basket of investments. When you invest in funds, you’re buying into a mix of assets, which may include shares, property, government bonds. 

Shares are units of ownership in a company. When you buy shares, you’re effectively buying a small stake in a company. Companies sell shares to raise money, which they then use to expand their business. Investors, known as shareholders, are then free to buy and sell some or all of those shares on the stock market at any time.

If you need help, call our specialist team on 03456 076 180. Lines are open from 08:00 to 18:00 Monday to Friday, excluding bank holidays.

Sustainable investing refers to types of investments that aim to generate long-term financial returns while advancing sustainable outcomes.

To learn more about the different types of sustainable investing, if it could be right for you and how you can compare sustainable investments, read our sustainable investing article.

To set up and amend regular investments just log on to online banking and set up a regular savings plan. Follow our step-by-step guide for our Global Investment Centre for details.

If you need help, call our specialist team on 03456 076 180. Lines are open from 08:00 to 18:00 Monday to Friday, excluding bank holidays.

Yes. We offer a wide range of index funds as well as single-asset and multi-asset funds on our online platform, the Global Investment Centre. 

If you're searching for a particular fund, go to our fund directory. 

Or, if you want to browse a range of funds open an account with our Global Investment Centre. Then you can use our online research tools to help you make informed decisions.

Stocks & shares ISA (Individual Savings Account)

A stocks & shares ISA is an account that you can open for your investments.

You can invest up to £20,000 each tax year without paying any UK income tax or capital gains tax on any income or growth.

You can open a stocks & shares ISA if:

Keep in mind, tax rules can also change and any benefits will depend on your individual circumstances.

General investment account (GIA)

A general investment account is a basic investment account with no tax-efficiencies. You can choose to open a GIA if:

Alongside your investment account, an Uninvested Cash Account (UCA) will also be opened for you.

A UCA is the default account you’ll use to hold cash whilst waiting to invest, to receive the proceeds of any sales and to receive income or other payments.

We don't pay any interest on your UCA, because it isn’t intended as a place to hold cash for the long-term.

Cash ISA age limit

From 6 April 2024, there are changes to how old you need to be to open a cash ISA.

To open a new cash ISA, you need to be either:

ISA providers aren't obliged to offer the transitional arrangements. HSBC won't allow customers under 18 to open a new cash ISA from 6 April 2024, but will consider changing this in the future.

Subscribing to more than one of the same type of ISA

If you're aged 18 or over, you'll now be able to subscribe to more than one of the same type of ISA in the same tax year – subject to staying within the overall annual limit.

For example, you could subscribe to a cash or stocks & shares ISA with one ISA provider and also subscribe to one with a different provider.

This change doesn’t apply to Lifetime ISAs, where it's still only possible to subscribe to one Lifetime ISA in a tax year. HSBC doesn't offer Lifetime ISAs.

From April 6 2024, ISA providers are not obliged to allow subscriptions to more than one ISA of the same type in the same tax year with themselves, and HSBC will not be offering this.

Other optional changes that not all providers are implementing

If you've gone a whole tax year without making a subscription to an existing ISA, you can now restart subscriptions without needing to complete a new application.

Since 6 April, some providers allow you to make a partial transfer of subscriptions made in the current tax year, but HSBC is not currently allowing this.

We'll update our website if we make any changes to our ISAs in the future.