HSBC Malta Funds SICAV plc has declared a net dividend of Lm1.75 per share for the Malta Bond Fund and Lm1.26 per share for the International Bond Fund.

Investors with a holding in these funds as at March 31 were entitled to receive the first dividend. The dividend was paid on April 15 and investors had the option to receive it directly in their bank account or re-invest it in further shares of the same fund.

Although past performance is not necessarily a guide to future performance, it is intended that these funds will continue to effect regular payouts to investors at quarterly periods, according to HSBC.

Charles Azzopardi, managing director of HSBC Fund Management (Malta) Limited said: "Given today's low interest rate scenario, this first dividend was very attractive and provides investors with an Annualised Net Dividend Yield of 3.5 per cent for the Malta Bond Fund and 3.8 per cent for the International Bond Fund. These returns should augur well for investors in these funds."

For more information on Funds' Income Classes of Shares contact Customer Service 2380 2380 or visit the website www.hsbc.com.mt

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