New capital secured growth funds from HSBC

HSBC Bank International has launched five new capital secured growth funds, designed to offer investors capital protection and a choice of good growth and income potential.

The five new funds offer investors a diverse selection of investment opportunities linked to the economies of China, Japan and Europe, the Euro Zone property market and a fund linked to a basket of oil and gold stocks.

Investors can choose between a three-year, four-year or five-year investment term; to invest in US dollars, sterling or euro; and between growth only, or a combination of both income and growth potential.

Charles Azzopardi, managing director of HSBC Investment Services (Malta) Ltd, said: "Capital security is an important feature of our funds but they are also designed to provide our customers with a choice of innovative investment links. One of our new funds, the Dual Commodity Fund, is designed to provide two income payments plus the opportunity to receive an additional return linked to oil and gold stocks at the end of the investment term."

"Supplies of oil, critical to economic growth, have not grown as fast as recent global oil demand and potentially this tight gap between supply and demand will persist in the future," Mr Azzopardi observed. "Gold has enjoyed a strong recent price increase and is expected to continue to be a hedge against inflation."

The five new funds, available only until March 16, are the Dual Commodity Fund, the Property Index Growth Fund, the China Bonus Fund, the European Giants Growth Fund and the Japan Opportunity Fund. The minimum investment required is just US$/EUR/GBP5,000.

Customers who invest by February 24 will benefit from free shares. For more information on the funds contact HSBC Bank Malta customer service on tel: 2380-2380.