Is BEA a reliable fund intermediary?
Dedicated to serving the people of Hong Kong since 1918, The Bank of East Asia, Limited("BEA") is the largest independent local bank in Hong Kong and is widely recognized for its highly professional and prudent business practices.
The Bank is listed on the Stock Exchange of Hong Kong.
BEA helps investors capture every investment opportunity by providing an attractive universe of carefully selected unit trusts. BEA's also provides a wide range of investment services including professional financial planning analysis and access to an extensive unit trust database.
BEA Union Investment Management Limited ("BEAUIM") (previously known as East Asia Asset Management Company Limited) is jointly owned by The Bank of East Asia, Limited (the "Bank") and Union Asset Management Holding AG. Established in 1988, the Company provides its clients with a wide range of investment management services. It has a long and distinguished history of managing funds for private and institutional clients, including charitable and educational funds, as well as retirement and endowment funds.
How does an investor begin investing in unit trusts?
To enjoy professional unit trusts investment service, an investor should simply apply through one of the following methods:
- Open a securities account at any BEA branch - To access unit trusts investment service, an investor can simply open a securities account at any branch and submit the required personal information identity documents.
- Become a SupremeGold customer - After opening a SupremeGold Account, an investor can access to a wide range of investment services, including mutual funds investment services offered by BEA.
Can an investor obtain information on unit trusts online?
Of course, a prospective investor can access websites operated by fund houses to search for fund information.
However, it could be quite time consuming if such an investor is looking for several funds from various fund houses.
For the benefit of its investors, BEA offers BEA Cyberfund Centre, which serves as a hub of investment funds information on the BEA website. BEA Cyberfund Centre enables investors to conveniently and easily access information on funds of interest. What's more, investors who open Cyberbanking accounts with BEA may compare the performance of selected funds in their investment research and planning, to help ensure that they make the right decision. The latest updates on Unit Trusts news are also available, so that investors can always stay on top of the trends and opportunities in the marketplace.
Can investors subscribe and redeem unit trusts online with BEA?
Customers who opened a securities account and Cyberbanking account with BEA can access to the Bank's brand new mutual fund online trading service via Cyberbanking.
With mutual fund online trading service via Cyberbanking, customers now subscribe to and redeem a wide variety of unit trusts from more than ten fund houses. With this new service, making unit trusts transactions is easier than ever.
What kinds of online trading service can investors use through the BEA Cyberfund Centre?
Customers can perform a variety of functions through the BEA Cyberfund Centre including:
- Subscribe to or redeem unit trusts
- View overall portfolios and the value of their unit trust investments
- View the order status online
- View the customer's risk tolerance levels
- Learn more about unit trusts
How do investors obtain regular fund prices?
An authorised fund is required to publish the latest bid and offer price or NAV in one Chinese and one English newspaper in Hong Kong.
Names of the newspapers are stated in the fund's offering document. Prices may also be available on the website of individual fund houses.
BEA unit trust customers can also check the latest price of all unit trusts offered by the Bank by using the fund search function in Cyberfund Centre available through Cyberbanking or BEA's homepage.
Part of the above information is sourced from the InvestEd website operated by the Securities and Futures Commission, and Hong Kong Investment Funds Association.
