T. Rowe Price unveils two retirement allocation funds for HSBC investors

The funds aim to provide monthly dividends at a fixed annual percentage rate of 6%.

Asset manager and retirement investment solutions provider T. Rowe Price has launched two retirement-focused funds available exclusively to HSBC clients Hong Kong and Singapore for a limited time.

The T. Rowe Price Funds SIVAC– Retirement Allocation Funds offers transparent allocation strategies, fund-switching options, and regular income potential, the company said in a press release on 29 September 2025.

Both funds aim to provide monthly dividends at a fixed annual percentage rate of 6%, although T. Rowe Price clarified that dividend is not guaranteed or may be paid out of capital.

This is T. Rowe Price’s first retirement-focused products available to retain investors in Singapore and Hong Kong.

Retirement Allocation Fund - 1 serves post-retirement investors– about 0-10 years into retirement at launch— whilst the Retirement Allocation Fund -2 caters for pre-retirement investors, or those within 10 years of retirement at launch.

The second fund focuses on capital accumulation whilst gradually reducing account balance variability, according to T. Rowe Price.

Investors have the flexibility to switch between the two Funds as their retirement timelines evolve.