FTSE 100 investment product

HSBC Bank Malta has launched a new product through which customers can participate in the performance of the FTSE 100 Stock Market Index and benefit from growth potential whether the value of the Stock Market Index rises or falls.

The Win Win Deposit Account is denominated in sterling and is available to investors until May 14 for either a three-year term or a five-year term with a minimum deposit of £2,000.

Those who opt to invest in the five-year deposit will receive their initial sterling deposit back in full together with 100 per cent of any growth registered in the FTSE 100 Index. If at the end of the five-year term, the index falls, the investor will still receive the initial sterling deposit back in full together with a return equivalent to 25 per cent of the change in the value of the Index.

For the three-year term, investors will receive 90 per cent of any growth in the FTSE 100 Index and 20 per cent of any fall in the index.