HSBC has launched five new capital secured growth funds on 24 October 2005, all designed to offer investors capital protection along with good growth potential.
The five new funds offer investors a diverse selection of investment opportunities linked to the economies of the UK, Hong Kong, Japan and Europe, as well as a fund linked to the Euro Zone property market. Investors can also choose between a three-year and five-year investment term; to invest in US dollars, sterling or euro; and between growth only, or a combination of income and growth funds.
Kevin Portman, Regional Sales Manager Financial Planning Service for HSBC Bank Middle East Limited said: “Capital Secured Funds could form part of most investors portfolios. We have linked one of the new funds to property to diversify from equity-linked investments. This has become a popular avenue for investment over the recent years and the low entry level of this fund will appeal to many investors.
“In addition, an alternative fund, Japan Market Movement Fund1, gives the potential of a positive return even in falling market which we believe will appeal to many investors in the Middle East.”
The five new funds, available for a limited period until 13 December 2005, are the Eurozone Property Index Income Fund, the Japan Market Movement Fund, the Pan-European Growth Fund, the Hong Kong Growth Fund and the UK Growth Fund.
Customers interested in finding out more about the funds can contact HSBC’s Financial Planning Advisers at their nearest branch.