KUALA LUMPUR: HSBC Bank Malaysia Bhd became the first bank to launch Unit Trust Browser (UTB) platform with powerful funds research functions, a portal that includes detailed information on open-ended unit trusts offered by the bank.
HSBC said with UTB, anyone can have a wealth of information and retrieve fund documents on a wide range of unit trust funds at their fingertips 24/7.
The service is open to all and requires no login, fully available on the HSBC website.
"HSBC Malaysia introduced UTB to give the public an additional and convenient channel to access funds information.
"This also enables customers to have more digital tools easily available to make informed investment decisions," it said in a statement today.
HSBC said the public will benefit from the powerful research functions that include basic search engine that has filtering capabilities such as by asset class, geography, fund house, risk rating and advanced filtering criteria.
HSBC Malaysia also partnered with Morningstar Asia to offer in-depth funds' information, documents and interactive charts via user-friendly interface on UTB.
HSBC Malaysia wealth and personal banking country head Tara Latini said UTB service aims to enable the public to make more informed investment decisions from anywhere, anytime.
"At HSBC, we continue to introduce more digital innovation to give the local community a more convenient and informed banking experience," she said.
HSBC Malaysia head of wealth Jon Chivers said with the new platform, the local community will be able to retrieve latest fund.
"UTB is ideal for anyone who want to perform analysis, comparison and research on unit trust funds on their own," he said.