If you have selected to “Reinvest”, the total value in your Cash+ Fixed HKD investment will be reinvested for the selected term of the tenor. Unless changed via the App, the funds will be reinvested for the same tenor as the original investment. Should you opt to reinvest before 3 PM HKT on the maturity date, the reinvestment will occur on the same day, ensuring continuous returns without interruption.

To clarify, if your investment term is for 6 months from March 6th to September 6th, your returns for September 6th are already incorporated into your original investment. When you select to reinvest on September 6th before 3 PM HKT, your funds are reinvested on the same day, and your returns will start accruing from September 7th onwards which will be reflected under ‘Current value’ on your investment details page on September 7th. Even if September 7th is a weekend, you will be earning returns on this day since your funds are already invested. This ensures you continue earning returns without losing a day in between.

If you had chosen to not reinvest, after 3 PM HKT, you will be presented with three options to choose from: Reinvest, Withdraw to Bank, or Transfer to other portfolios. You may explore the current rates in the market and decide on the option that works for you.

During this period, your funds will remain in your investment awaiting further instructions, without accruing any returns. 

If you select to reinvest your funds after 3 PM HKT on the investment’s maturity date, the instructions will only be carried out the next business day. For example, your investment matures on September 6th. You chose to not reinvest. At 4 PM HKT on September 6th, you select the option to Reinvest your funds. We will only invest these funds on the following business day, which means you will start earning returns for your funds from the day after the investment day. In the above example, if September 7th is a business day, we will invest your funds on September 7th, and the returns will start accruing from September 8th onwards. In this scenario, your funds will not earn any returns on September 7th.