New HSBC funds launched

HSBC Bank Malta is promoting three innovative new funds in HSBC Bank International's best-selling Capital Secured Growth Funds series during this summer.

Available between last Monday and August 23 in 43 countries, the new funds are part of a highly successful series that had record sales in 2001, the bank said.

The three options are: the Nasdaq Bonus Fund, the European Growth Fund and the Swiss Growth Fund.

Pauline Azzopardi, product manager at HSBC Bank Malta plc said: "The new funds offer clients the chance to invest while prices are low and maximise the potential growth for their investment. However, our research shows that clients still need reassurance that they will not lose out if the markets suffer further short-term setbacks. So, we have designed all three funds to provide capital security while giving a choice of markets offering growth potential over the next four years."

Investors who would like more information should contact HSBC Customer Helpline on 80074444 or visit any HSBC Branch in Malta and Gozo.

Full details are contained in the product prospectus which is available on request from any branch of HSBC Bank Malta.