HSBC offers digital platform

HSBC has launched HSBC Wealth Compass, a digital investing platform.

Investors with a minimum investment of $500 can use the online platform to gain access to passive mutual funds and ETFs, with MERs of up to 1%, the bank said in a release.

“Funds are designed to meet medium- to long-term investment goals and are currently available for individual non-registered, RSP and TFSA accounts,” says a release. “Additional account types will be offered in the future.”

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