The Value of Education : The price of success

15 August 2018
 The Value of Education: The price of success
Key findings: Start planning and saving early to help your children fulfil their potentials

Practical steps for

Hong Kong key findings
parents and child(ren)
 48% wish they had started saving for their child’s
education earlier  Start planning and
Hindsight from  36% wish they had saved more regularly saving early. Seeking
1  27% don’t know how much their child’s education cost professional advice can
parents  27% wish they taught their children more about managing help make better
money informed choices

 On average, parents say they contribute HKD402,533 on

The cost of their child’s university education, while students say they
spend HKD318,746
 Be realistic about the
cost. Take all the costs
2 university  55% of parents would consider a university education
into account when
abroad. However, the higher cost of an international planning
education education (40%) standout as the parents’ largest concern
globally
 31% parents worry they don’t have the financial resources
The effect of to support their child’s education
 18% of parents say they have taken on debt to help to fund
 Instill good financial
habits. Help your children
3 saving and their child’s university education
 Only 18% parents say they are funding from a specific
to plan ahead with tools
and calculators available
investing education or investment account. 85% of parents say they
fund via their day-to-day income
online

 38% of parents worry about the impact of artificial

 Invest in a range of
intelligence (AI) and robots on their child’s future career
skills. Help your children
The future skills  Students (45%) are generally more likely than parents
choose an educational
4 (43%) agree that education has prepared them for the
route that will equip the
needed in 2030 world of 2030 and beyond. Both parents and students
agree that future education should focus on softer skills
skills needed in the future
such as problem solving and social skills

1
Source: The Value of Education: The price of success, 2018
#1. Hindsight from parents
Start planning early – Four questions to help you plan for your child’s education

 Local vs Overseas
 Public vs Private

 Estimate the foreign currency you need

 Specialized vs General subject
What Where  Would you consider buying property
 Undergraduate/Postgraduate is the total cost for your will your child study? abroad?
child’s education?

When How  Lump Sum vs Regular Savings

 Years of investment horizon do you need do you plan to achieve
the education fund? this goal?  Seek protection plans for your child’s
 Years of education to fund education and other family financial
obligations
 Impact of inflation
 Review regularly

 According to the Hong Kong report findings,

 48% parents wish they had started saving for their child’s education earlier. 36% parents wish they had saved more regularly
 On average, parents say they contribute HKD 402,533 on their child’s university education
 Example #1 illustrates how the total amount will differ if you delay investment for 6 years. Example #2 illustrates the extra amount you will need to invest annually in
order to achieve the same goal at the end of year 18. (For illustrative purpose only)
Example #1: Invest USD500 annually Total amount you Example #2: Invest 77% more annually to achieve a total
(Return: Assumed 5.68% p.a.) amount of US$16,338 if you delay investment for 6 years
saved when your
16,338 child is at 18: (Return: Assumed 5.68% p.a.)
16,338
9,247
43% less if you
delay investment
for 6 years
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
Start investing at child's age=0 Start investing USD500 annually at child's age=0
Start investing at child's age=6 Start investing USD883 annually at child's age=6
Source: The Value of Education: The price of success, 2018 2
#1. Hindsight from parents
Understand the cost and seek professional advice to make better informed choices

Parents spend significantly on their child’s university education

 According to the Hong Kong report findings,

 27% parents say don’t know how much their child’s education cost
 On average, parents say they contribute HKD 402,533 on their child’s university
education. The parental spend is highest in Hong Kong, UAE and Singapore
 To support their child at university, parents have tighten the belt by the following:

These may have a negative impact on clients’ quality of life.

 Start planning early and saving for education can help children fulfil their potential and limit
strain on family finances
Source: The Value of Education: The price of success, 2018

Do you know…
 In Hong Kong, the cost of primary/ secondary education could vary significantly
Total school fee during 2017-2018, in HKD:
Seconary school (International) HKD355,500 to HKD1,476,000

Secondary school (Direct Subsidy Scheme/ private) HKD12,000 to HKD1,344,420

Primary school (International) HKD34,800 to HKD1,230,000

Primary school (Direct Subsidy Scheme/ private) HKD44,220 to HKD501,600

Source: “Early financial planning is the trump card for your children’s education”, HSBC Life (International) Limited, 2018.
Source: The Value of Education: The price of success, 2018
The school fees shown above are for reference only and excludes inflation rate. Any information listed above is for illustrative only.
3
#2 The cost of university education
Be realistic about the costs - The cost of university life can add up

 According to the Hong Kong report findings, on average,

 Parents say they contribute HKD 402,533 on their child’s university education
 Students say they spend HKD 318,746 over the course of their degree, covering a range of expenses including tuition fees, accommodation, bills and lifestyle
costs.
 Education can be an expensive long-term commitment, it is therefore important for parents to be realistic about the costs and take all the cost into account, so to put
practical measures in place to achieve their goals.
Source: The Value of Education: The price of success, 2018

The total cost of university education

 Within the HKD 318,746 total cost of university education, student spend most on tuition fees (45%), followed by eating out/ takeaway (12%) and other lifestyle
expenses

45% 12% 7% 7% 7% 5% 5% 4% 3%

2% 2% 1% 0%
Tuition fees, HKD144,984 Eating out/ takeaway, HKD37,865 Accommodation, HKD23,098
Food & groceries, HKD21,451 Repaying debt, HKD21,396 Clothes, make-up, HKD16,045
Transport, HKD17,137 Holidays, HKD12,075 Bills & utillities, HKD9,403
Entertainment, HKD7,021 Other, HKD5,995 Academic books, HKD2,025
Sports club/ gym, HKD253

Source: The Value of Education: The price of success, 2018 4

 #2 The cost of university education
The financial implications for university education abroad could be significant

 According to the Hong Kong report findings,

 55% of parents would consider a university education abroad, with this generally more popular in Eastern than Western markets
 Globally, parents see a wide variety of benefits from an international education, including international work experience (44%), exposure to new experience ideas
and cultures (43%) and foreign language skills (43%)
 The financial implications for university education abroad could be significant - start planning early, consider the suitable vehicles to achieve your goal
 Leverage an online calculator or budgeting tool to estimate the amount you need
Source: The Value of Education: The price of success, 2018

Example for Hong Kong: 2018 World university rankings 2018 - Annual tuition fees for overseas students in general

Range of annual tuition fee on world
university listed in the table (for
overseas students):
Do you know…
 In Hong Kong, the 2017-2018 annual
tuition fee of an undergraduate
programme (government subsidized) for
local students is

HKD9,106
HKD42,100
to
HKD743,850 Source: “Early financial planning is the trump card for your
children’s education”, HSBC Life (International) Limited,
2018. The school fees shown above are for reference
only and excludes inflation rate. Any information listed
above is for illustrative only.

Source: “Early financial planning is the trump card for your children’s education”, HSBC Life (International) Limited, 2018. About the table “2018 World university rankings 2018 - Annual tuition fees for overseas students in general - Source:
The Times Higher Education World University Rankings 2018 and the schools’ websites. The above tuition information is for reference only, and is subject to the publication of the universities. The tuition enlisted above applies to overseas
students unless otherwise stated. Any information listed above is for illustrative only. 5
#2 The cost of university education
The financial implications for university education abroad could be significant

 According to the Hong Kong report findings,

 55% of parents consider a university education abroad. Globally, the higher cost of an international education (40%) standout as the parents’ largest concern
 Parents are encouraged to:
 Assess their finances. Estimate and calculate the financial impact if they are planning to consider their child to study abroad
 Review and update saving and investing plans to fulfil their child(ren) educational needs at different stages
 Consider plan in mitigating FX risk and manage FX needs if they consider property purchase overseas and international education for their child(ren)
 Speak to an expert with international banking experience to learn more about the options available
 Leverage an online calculator or budgeting tool to estimate the amount you need

Top destinations parents considered for a university abroad Parents’ concerns of university education abroad

 Globally, the top destinations parents would be considered for a university abroad  Globally, the higher cost of an international education stands out as the largest
include USA, UK, Australia and Canada concern
Higher cost to me or my partner 40%
 The top destinations that Hong Kong parents would considered include UK
(72%), USA (57%) and Canada (39%) Lack of safety and/or security 32%

Me/ my partner missing my child 29%

Higher cost for my child 28%

UK Long distance travelling for my child 26%

CANADA 23% 37% My child getting homesick (e.g. missing family, friends, etc.) 26%
22% GERMANY Political instability 21%
9%
45% USA FRANCE 16%JAPAN Long distance travelling for me/ my partner 19%
Fluctuating/ unfavourable currency exchange rates 15%
Complexity of me/ my partner managing finances
between different countries/currencies 14%
9%
SINGAPORE My child does not speak the language 12%
30%
Complexity of my child managing finances 11%
between different countries/currencies
AUSTRALIA 10%
My partner or I do not speak the language
Source: The Value of Education: The price of success, 2018
Difficulty of my child getting a visa 8%
About the survey questions: You said that you would consider sending your child to a university abroad to
study. Which countries or territories - different to the one where you reside – would you be most likely to Source: The Value of Education: The price of success, 2018
consider? (Base: All parents who would consider university abroad for their child; Top destinations that would
6
be considered - Total (most likely/ second most likely / third most likely)
#2 The cost of university education
Parents may consider buying a property abroad for their child's university education

 According to the Hong Kong report findings, 41% of parents say they would consider buying a property in the host country if their child studied abroad
 Understand factors that may have an impact on buying a property abroad, e.g. FX fluctuation, economic, interest rates, demographic trends, regulation, tax regime etc
 Consider seeking expert advice. Think about the cost and process of buying a property overseas. Learn more about the solutions and services that are available and
suitable for your circumstances. Understand the mortgage options available and the risks of buying in unfamiliar markets
 Consider plan in mitigating FX risk and manage FX needs. FX market is unpredictable. By accumulating the foreign currency you need in regular batches, you can
minimise the risk of acquiring a lump sum of that currency at the wrong time
 Consider speaking to our IBC (International Banking Centre) colleagues to understand global wealth management and banking services that can fulfill your international
needs
Source: The Value of Education: The price of success, 2018

Example: Parents in Hong Kong plan to save for their child’s education in the UK and have converted HKD1 million to GBP on a
regular basis over the past five years (This example is based on historical data and for illustrative purposes only)
GBPHKD Spot Exchange Rate - Price of 1 GBP in HKD
14.00
5- year high (GBPHKD): More expensive
to acquire GBP Amount Exchange rate Total amount
13.00 13.30 (1-Jul-14)
of HKD Date of conversion (GBPHKD) converted (in GBP)
12.00 9.36 (5-year low)
16-Jan-2017 106,800
11.00 Average of the 20 conversions
1-Jul-2014 13.30 (5-year high) 75,200
10.00 1,000,000
5- year low (GBPHKD)
9.36 (16-Jan-17) Cheaper Every quarter-end over 11.33
9.00
to acquire GBP
the past 5 years (Average of the 89,160
8.00 (Total 20 conversions) 20 conversions)
Jun-13 Jun-14 Jun-15 Jun-16 Jun-17 Jun-18

GBPHKD Spot Exchange Rate Average Quarter-end Exchange Rate

Source: Bloomberg, as of 30 June 2018. These examples do not take interest rates of the currencies and the cost in converting currency at different points of time into consideration. The average exchange rate is calculated based on
the exchange rate at the quarter end over the past 5 years. These examples are for illustrative purpose only

7
#3 The effect of saving and investing
Stay invested to grow your assets instead of keeping your assets in cash/deposits

 According to the Hong Kong report findings, on average,

 31% parents worry they don’t have the financial resources to support their child’s education
 18% of parents say they have taken on debt to help to fund their child’s university education
 Only 18% parents say they are funding from a specific education or investment account. 85% of parents say they fund via their day-to-day income
 Parents are encouraged to instill good financial habits and help their children to plan ahead with tools and calculators available online

Source: The Value of Education: The price of success, 2018

Example: Stay invested to grow your assets instead of keeping your assets in cash/deposits (For illustration purpose only)

Comparing the potential returns of cash vs other asset classes through a lump sum investment (USD120,000), based on an
investment period of 12 years

Global Global Investment

Cash Global Equity Gov’t Bond Grade Bond
Annual Return1 1.58% 6.54% 3.98% 4.91%

Total amount at the end of the investment period 145,034 262,476 193,311 216,046
Lump sum
Difference vs cash 0% 81% 33% 49%

 Start saving early = potentially having a longer horizon along your financial journey. Also, returns matter when investment stays long. Staying
invested for longer periods allows more time for your money to grow
 All investments reflect a relationship between risk and return. If your cash isn’t growing at a rate at least equal to the rate of inflation, your purchasing
power diminishes over time. Being invested has the potential to protect against inflation over the long term. Equities are generally riskier than bonds,
which are generally riskier than interest-bearing instruments that are highly liquid. Choosing a suitable vehicle that matches client’s risk appetite,
goals and investment horizons are key
 Compounding applies when you reinvest any interest and dividends from your investments. So the longer you invest, the greater the effect of
compounding on your money
1. Source: Morningstar, HSBC Global Asset Management, data as at 29 December 2017. All returns in USD, total return. Annual return is the annualised return of the respective indices during 2006-2017. Total amount at the end of the
investment period = USD120,000 x [1+ (annual return/12)] ^ (12x12)
Indices used: MSCI World Index; Bloomberg Barclays Global Aggregate Corporate Bond Index, Citi World Government Bond Index, Bond indices are hedged, ex EMD local currency (i.e. global government, global corporate, global high yield,
EMD hard currency). This is consistent with our default hedging policy in our portfolios. Equities are unhedged. Past performance is not an indication of future returns. The performance may go down as well as up.

8
#3 The effect of saving and investing
Stay invested: The range of different asset class returns when investing for
a longer timeframe
The bar charts show the range of rolling returns (cumulative or annualised return) of different asset classes over 1/5/10-year timeframe during the period stated below:
• Calculation - Rolling returns in USD within 1 year, 5 years and 10 years timeframe.
• Indices and performance period - Asian Equity is MSCI AC Asia ex-Japan Net Total Return Index from December 2000 to August 2017; Asian Bond is JACI Total
Return Index from September 2005 to August 2017; Asian Balanced is 50% Asian Equity and 50% Asian Bond from September 2005 to August 2017

Range of Cumulative Returns Range of Annualised Returns (p.a.)

400% 100% 89%

350% 80%
320%
67%
300%
60%
45%
250% 209%
40%
200% 20% 17%
20% 14% 15% 11%
149%
150% 121% 7%
93% 99% 0% 6%
89% 5% 4% 5%
100% 67% -3% 1%
45% 84% -20%
50% 63%
43% -22%
29% -40%
0% 8% -40%
-22% -13%
-50% -60%
-40% -57%
-57%
-100% -80%
1Y 5Y 10Y 1Y 5Y 10Y

Asian Equity Asian Bond Asian Balanced

The longer the timeframe, the better the potential returns and lower overall volatility
Source: Bloomberg, “Sensible investment: what do you need to do? Behavioural Finance Chartbook – August 2017”, HSBC Global Asset Management, as of August 2017, calculated by rolling returns in USD within 1 year, 5 years and 10 years
timeframe. Asian Equity is MSCI AC Asia ex-Japan Net Total Return Index from December 2000 to August 2017; Asian Bond is JACI Total Return Index from September 2005 to August 2017; Asian Balanced is 50% Asian Equity + 50% Asian
Bond. Scenarios are hypothetical and do not represent actual investment accounts. Results are provided for illustrative purposes only and are no guarantee of future performance. Hypothetical examples have many inherent limitations and are
generally prepared with the benefit of hindsight. In addition, there can be sharp differences between hypothetical results and actual results. The views expressed were held at the time of preparation and are subject to change without notice.
Past performance is not indicative of future returns. The performance may go down as well as up.
9
#3 The effect of saving and investing
Regular investing: Dollar-cost averaging helps smooth out the effects and fear of
market movements
 Investing regularly means continuous investment regardless of what is happening in the markets. When clients make regular investments, they will buy more units
when prices are low and less when prices are high. This will smooth out the investment journey and average out the prices at which units are bought
 This can reduce the risk of investing a lump sum at the wrong time, particularly amid market volatility
 Investing a smaller amount each month is often easier to budget for than making a lump sum investment
 The chart on the left hand side shows what happens to USD1,000 invested monthly vs a lump-sum investment of USD120,000 in EM equities (reference index: MSC
Emerging Market Index) during Jul 2008 to Jun 2018 (10 years). After 10 year, the total amount invested is the same, the total shares purchased and the cumulative
value for monthly regular investment are fairly similar to the lump-sum investment.
(USD) (Price) (No. of unit purchased)
200,000 Purchase more unit when market corrected
160 25
180,000 155,993
160,000 140
155,881 20
140,000 120,000 120
120,000 100 15
100,000 80
80,000 10
60
60,000
40,000 40
5
20,000 1,000 20
- - -
Nov-10

Dec-14

Nov-17
Jul-08

Mar-13

May-14

Jul-15
Apr-10

Apr-17
Feb-09

Oct-13

Feb-16
Sep-09

Jun-11
Jan-12
Aug-12

Sep-16

Jun-18

Jul-08

Jul-09

Jul-10

Jul-11

Jul-12

Jul-13

Jul-14

Jul-15

Jul-16

Jul-17
Jan-09

Jan-10

Jan-11

Jan-12

Jan-13

Jan-14

Jan-15

Jan-16

Jan-17

Jan-18
Total value($) - Monthly investment Total value($) - Lump sum Unit purchased (RHS)
Price of EM equities (MSCI EM Index rebased to 100 on Jul-2008): (LHS)

Summary: Total value after 10 years (Jun 2018) Total no. of unit purchased after 10 years (Jun 2018)

Monthly investment $155,933 1,201

Lump-sum investment $155,881 1,200

Source: Bloomberg, as of June 2018, HSBC Global Asset Management. Scenarios are hypothetical and do not represent actual investment accounts. Results are provided for illustrative purposes only and are no guarantee of future
performance. Hypothetical examples have many inherent limitations and are generally prepared with the benefit of hindsight. In addition, there can be sharp differences between hypothetical results and actual results. The views
expressed were held at the time of preparation and are subject to change without notice. Past performance is not indicative of future returns. The performance may go down as well as up.

10
 Instill good financial habits - Plan ahead with tools and calculators available online
Plan ahead for life-changing events and allow for the unpredictable

1 Take a look at your life journey: Where are you now/moving to?

You and your family’s needs and aspirations may change over time. Be prepared and plan for the expected
2
Estimate the Life Start Marriage/ Moving in First home Having Child start to Start a Bereavement Retirement
Financial impact journey career with partner a baby go to school business of a parent
along your begins
journey Reassess your wealth and finances Any change? 5 Take action now and review regularly
 Living essentials (personal/children/elder parents) ▲▼ $_________  Reprioritise my spending?  Review your financial
 Household expenses ▲▼ $_________  Cut my spending? needs regularly and at
 Auto & transportation ▲▼ $_________ different stages of your
Spending  Financial support to other family members ▲▼ $_________ journey
 Health care & medicines ▲▼ $_________
 Lifestyle  Adjust your allocation
▲▼ $_________
 Others ▲▼ $_________
on saving and investing,
spending, financing and
 Saving/ Investing for personal/family aspirations ▲▼ $_________  Start saving (more)? protection as necessary
Saving &  Saving/ investing for children's education ▲▼ $_________  Set up a new saving account ? to cope with changes
 Saving/ investing for retirement  Start investing (more)? along your journey
Investment  Other Investments (eg property)
▲▼ $_________
 International saving/investment?
▲▼ $_________  Find out how your tax
 Mortgage repayment ▲▼ $_________  Seek a loan/financing (domestic/ obligations could
Financing  Other debt repayment ▲▼ $_________ international)? change if you're moving
to a different country
 Life insurance ▲▼ $_________
 Take a new insurance plan?
 Medical insurance and/ or critical illness ▲▼ $_________  Increase the coverage of my  Discover tools and
Protection  Income protection ▲▼ $_________ existing insurance plans? resources to help you
 Mortgage protection and home insurance ▲▼ $_________ manage your wealth and
 Protection for personal possessions, health & lifestyle, family ▲▼ $_________ finances at home
 Legacy ▲▼ $_________ and abroad

3 Help your children to plan ahead with tools and calculators available online

Talk to HSBC to understand how education planning may affect your finances,
4
and help you to discover the options available
For illustrative purpose only
11
Practical steps for parents to consider when planning for their children’s education

Source: The Value of Education: The price of success, 2018

12
HSBC offers a range of solutions to meet different needs

13
HSBC offer a range of solutions to meet different needs
Products and services are indicated for illustrative purposes only
Note: Investments have potential downside risks. The value of any investment can go up as well as down, which means you may not get back the amount originally
invested. Investors can refer to relevant materials (eg product brochures) to understand the risks associated and evaluate the suitability before making decisions. Past
performance is not an indicator of future returns.
Unit Trust
Invest in a diversified pool of equities, bonds and/or other financial
instruments with a clearly defined investment objective
Benefits of investing in unit trust
• Diversification: instant access to a pool of individual stocks or bonds
in different sectors and geographies
• More convenient than buying each security individually
• Professionally managed
• A high degree of liquidity as you can buy and sell at your discretion
(for most of the open-ended funds)
Making regular contributions to fund investments can enable you to
leverage the dollar cost averaging effect to lessen the risk of investing a
large amount in a single investment at an inappropriate time
Investment solutions
 Portfolio Allocation Service for eligible customers
 Delegated offering, such as Managed Solutions/ World Selection
 Equity funds, bond funds, multi-asset funds, ETFs, alternatives
14
Bonds/ Certificate of Deposit (CD)
Bonds/ CD are debt instrument designed to raise capital by borrowing.
Principal, coupon and maturity are the three key components of bonds/ CDs.
Bond/ CD holders earn coupons as interest payments. At maturity, issuers will
pay back the principal value and the last coupon.
Types of bonds:
• Government or corporate bonds (by issuer)
• Investment grade or high yield bonds (by credit rating)
• Floating or fixed rate bonds (by coupon type)
Main benefits of bonds/ CD:
• Return of principal: when held to maturity, and without default, bonds/ CDs
provide full return of the principal.
• Inflation protection: inflation-linked bonds aim to prevent an investor’s capital
from being eroded by inflation.
• Consistent interest income: fixed rate bonds/ CDs provide a steady,
consistent and predictable income stream that can be used to schedule
regular payments.
• Portfolio diversification: bonds/ CDs have low correlation with other asset
classes and can be used to reduce the portfolio risk.
• Priority of payment over shareholders: this refers to the order in which Bond/
CD holders are paid in the event of an issuer’s default.
Investment solutions
• Government bonds and CDs
• Investment grade bonds, including corporate and government bonds, and
Certificates of Deposit (CD)
• High yield bonds via Execution Bond Desk (subject to eligibility)
HSBC offer a range of solutions to meet different needs
Products and services are indicated for illustrative purposes only

Note: Investments have potential downside risks. The value of any investment can go up as well as down, which means you may not get back the amount originally
invested. Investors can refer to relevant materials (eg product brochures) to understand the risks associated and evaluate the suitability before making decisions. Past
performance is not an indicator of future returns.

Structured products Insurance products

Structured products are designed to help investors gain exposure to a set of
securities or asset classes of their choice whilst optimising the upside and/or
downside potential, depending on investors’ market views
Example of features:
• Access to a wide range of assets such as equities, indices, currencies, etc.
• Customisation: Structured products may be customised according to
investors’ objectives, risk profiles and investment horizons
• Capital protection: Some structured products provide capital protection,
limiting the potential loss on a product
• Enhanced returns: Depending on the product features, some structured
products can provide enhanced returns yet be able to offer partial buffer
against loss
Insurance is an important part in education planning, offering a range of solutions to
help you achieve and protect your child’s education savings goals
Examples of features:
• Life Insurance Endowment including dedicated education plans (country specific),
some with embedded protection
• Guaranteed cash vales to be built up within the policy years to help you build up
your education fund
• Flexible wealth solution in achieving both protection and saving goals
• Life protection – To ensure your family members are financially protected against
unfortunate events
• Flexible options on payment terms, accumulation period and benefit payment
method

Investment solutions Insurance solutions

• Capital Protected Investment Deposit  Life Insurance Endowment
• Deposit Plus  Annuity Insurance
• Equity Linked Investment  Universal Life Insurance

15
FX solutions by customer segments
Products and services are indicated for illustrative purposes only
Note: Investments have potential downside risks. The value of any investment can go up as well as down, which means you may not get back the amount originally
invested. Investors can refer to relevant materials (eg product brochures) to understand the risks associated and evaluate the suitability before making decisions. Past
performance is not an indicator of future returns.
Objective Buy and Go
Customer type Remitters
• Buy and Go – Customers
Description looking to fulfil primarily
transactional FX needs
• Sending Money Home
Customer needs
• Overseas commitments
• Global Transfer
• Remittance/Payment
FX solutions Services
• FX Order Watch and
Rate Alerts
• HSBC offers you
convenient and
Our proposition accessible platforms to
manage your
globetrotting lifestyle
Buy and Hold
FCY Investors
• Buy and Hold – Customers
looking to invest for the future
and manage their future FCY
liability
• Planning Overseas Education
• Planning Retirement/Property
• Overseas Account
• Principal Protected FX Linked
Structured Products
• Global Transfers
• FCY Denominated UT
• FCY Denominated Stocks
• FCY Denominated bonds
• FCY Time Deposits
• FCY Savings Deposits
• Remittance/Payment services
• HSBC offers you a
comprehensive range of FCY
denominated wealth solutions
to help you meet your life
goals around the world
Buy and Sell
FX Traders
• Buy and Sell –
Sophisticated customers
with significant experience
in FX trading
• Managing and Growing
Wealth for short term
capital gains
• FX Order Watch and Rate
Alerts
• Investment Insights
• Dual Currency Deposits
• Margin FX
• Global Transfers
• HSBC offers you tools and
professional advice to help
you keep up with the FX
market movement
16
Buy and Spend Buy and Save
Travellers Currency Savers
• Buy and Spend – • Buy and Sell –
Customers looking to Sophisticated customers
exchange currencies for with significant experience
travelling purposes in FX
• Local TMD investors
• Travel
• Accumulating currency
• Principal Protected FX
Linked Structured Products
• FX Insights
• International Education
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The Value of Education

The research

 The Value of Education is an independent consumer research study into global education trends, commissioned by HSBC. It provides authoritative insights into
parents’ and students’ attitudes and behaviour towards education around the world.

 These findings are from the fifth survey in the series and represent the views of 10,478 parents and 1,507 students in 15 countries and territories: Australia, Canada,
Mainland China, France, Hong Kong, India, Indonesia, Malaysia, Mexico, Singapore, Taiwan, Turkey, United Arab Emirates, United Kingdom, United States.

 The findings are based on a sample of parents with at least one child aged 23 or younger currently (or soon to be) in education, and on a sample of students aged 18 to
34 in university undergraduate and postgraduate education, drawn from nationally representative online panels in each country and territory. The research was
conducted online by Ipsos MORI in March and April 2018.

 Country factsheets are also available.

Definitions

 University education: Covers university undergraduate, university postgraduate, business/engineering school and technical/vocational college.

 Figures have been rounded to the nearest whole number.

 To calculate parents’ spend, parents currently contributing to funding any aspect of their child’s university education were asked approximately how much they
contribute each year. This annual figure was multiplied by the typical course length in that country to derive the total amount spent over their child’s university
education.

 To calculate students’ spend, students were asked how much they spend on a list of different items in a typical month, which was multiplied by 12. This annual figure
was multiplied by the typical course length in that country to derive the total amount spent over their university education.

 The exchange rates used are based on the OFX2017 average yearly rate.

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Disclaimer
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indicated, the expressions of opinion are those of the Bank only and are subject to change without notice.
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financial or investment advice. The information is not and should not be construed as an offer to sell or a solicitation for an offer to buy any financial
products, and should not be considered as investment advice.
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Issued by Hongkong and Shanghai Banking Corporation Limited on 15 August 2018 , this document is valid for use until 15 August 2019. Contact Global
Wealth Insights for more information.

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