Hong Kong’s ZA Bank launches investment fund service

All subscription fees are waived until 31 December 2022.

Hong Kong’s virtual bank ZA Bank has officially launched its investment fund service.

Until 31 December, all subscription fees to the service have been waived, with ZA Bank promising no hidden charges.

Users can also enjoy a swift account opening and subscription to the investment funds that is as fast as just 5 minutes.

Customers can choose between a plethora of fund products managed by top international fund managers that include Franklin Templeton, AllianceBernstein, Invesco, and more. The product suite also covers various asset classes, countries, and industries, with investment themes spanning from technology, consumption, natural resources, healthcare to ESG.

The launch reportedly makes ZA Bank the first virtual bank in the city to offer a “one-stop integrated personal financial platform, covering banking, investment, and insurance.”