All parents want their children to be successful - to have the best opportunities that life can offer. That's why investing in your child's education is one of your most important responsibilities.
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Consider these facts:
- A university degree is the minimum requirement for
executive positions in government and large corporations.
- Competition for top-tier university admission is
intense in Hong Kong, and tuition fees overseas can be several times
more expensive than local fees, let alone the living expenses.
- Tuition fees have increased faster than the general
rate of inflation and will continue to do so.
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| Location |
US (4 year course) |
Hong Kong (3 year course) |
| Current cost (including basic
living expenses) |
HK$1,387,759 |
HK$282,000 |
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Annual inflations
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3.1%* |
3.8%* |
| Child's current age |
Future cost (HK$) |
Monthly saving** (HK$) |
Future cost (HK$) |
Monthly savings** (HK$) |
| 1 |
2,347,336 |
5,594 |
529,885 |
1,263 |
| 5 |
2,074,277 |
7,761 |
456,801 |
1,709 |
| 10 |
1,777,179 |
13,438 |
379,453 |
2,869 |
| 15 |
1,522,634 |
37,721 |
315,203 |
37,721 |
*Average annual inflation rate over the past 20 years. (Source: Thomson
Datastream 1988-2008)
**Assuming you start saving now at a return of 8% per year.
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No matter how young your children might be, it's best to
start planning for their education now! The sooner you start, the less
financially painful it will be.We offer a choice of over 70 equity,
bond and money market funds to help you take advantage of
global investment opportunities. You can start with as little as
HK$5,000 (through J.P.
Morgan eTrading) for a lump sum investment, or HK$1,000 per
month through our monthly fund investment.
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Estimate how much you need for your child's education with our unique FREE Financial Health Check
Choose the right mix of funds
with the help of our professional advice
Open an account with us and
start saving TODAY
For a FREE proposal of how you should start paving the way for your child's future, you are most welcome to contact our Investment Advisers for a private consultation now.
Tel: 2265 1333
J.P. Morgan Investment Centre
Walkway Level, Jardine House, Central, Hong Kong
Monday to Friday 8:30am-7:00pm and Saturday 8:30am-1:00pm
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