All growth options are designed to provide a capital return of at least 100% over a four-year investment period with the US Performance Plus Growth option offering an additional return of 8% should the index fall or rise by less than the minimum return.
Richard Rogers, Regional Manager Financial Planning Services, said, "HSBC's Capital Secured Growth Funds (CSGF) are designed to offer the combination of capital preservation and investment growth linked to the longer term potential of the world's major stock markets. To satisfy our customer needs we have tailored this investment to achieve capital preservation and growth. The minimum investment is US$5000 is available from 28 January 2002 until 17 March 2002, and bonus shares for early investment will be offered".
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HSBC launches sixth issue of international Capital Secured Growth Funds
- United Arab Emirates: Wednesday, February 06 - 2002 at 16:12
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HSBC Bank Middle East has launched the sixth issue of its Capital Secured Growth Fund (CSGF). The fund offers investors the opportunity to share in the growth potential of the US Performance Plus Growth Fund, and the Top Sector Growth Fund.
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Posted by Anne-Birte Stensgaard, News EditorWednesday, February 06 - 2002 at 16:12 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Mon Jun 14 2004.
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The US Performance Plus Growth Fund offers investments which are linked to the fortunes of 500 of the top companies in the USA. The fund provides customers with the potential to receive a return of up to 80% and the reassurance that, should the index fall or rise by less than the minimum return, the investor will receives his or her capital back PLUS 8%
The Top Sector Growth Fund is a new fund which offers investors the opportunity to invest in the fortunes of four major market sectors: Banking, Energy, Healthcare & Utilities. The fund is designed to return, in addition to the initial amount invested, 75% of basket index growth.
For more information please contact the Financial Planning Manager at local branches of HSBC Bank Middle East. Alternatively, please call 800 4966 or fax 8813748.
Media enquiries to Chanaka Warnapura, Regional Operations Manager, Financial Planning Services on tel. 8076210
HSBC Bank Middle East
HSBC Bank Middle East is the largest and most widely represented international bank in the Middle East with 31 branches throughout the United Arab Emirates, Oman, Bahrain, Qatar, Jordan, Lebanon, and the Palestinian Autonomous Area, including an offshore banking unit in Bahrain. This extensive regional coverage is strengthened by another member of the HSBC Group HSBC Bank Egypt SAE, and by its associated companies, The Saudi British Bank and British Arab Commercial Bank Limited. In addition to its Middle Eastern network, the Bank has a branch in London, UK and a representative office in Tehran, Iran.
HSBC Holdings plc
HSBC Bank Middle East is a principal member of the HSBC Group which, with more than 6,500 offices in 78 countries and territories and assets of US$692 billion at 30 June 2001, is one of the world's largest banking and financial services organisations.
The Top Sector Growth Fund is a new fund which offers investors the opportunity to invest in the fortunes of four major market sectors: Banking, Energy, Healthcare & Utilities. The fund is designed to return, in addition to the initial amount invested, 75% of basket index growth.
For more information please contact the Financial Planning Manager at local branches of HSBC Bank Middle East. Alternatively, please call 800 4966 or fax 8813748.
Media enquiries to Chanaka Warnapura, Regional Operations Manager, Financial Planning Services on tel. 8076210
HSBC Bank Middle East
HSBC Bank Middle East is the largest and most widely represented international bank in the Middle East with 31 branches throughout the United Arab Emirates, Oman, Bahrain, Qatar, Jordan, Lebanon, and the Palestinian Autonomous Area, including an offshore banking unit in Bahrain. This extensive regional coverage is strengthened by another member of the HSBC Group HSBC Bank Egypt SAE, and by its associated companies, The Saudi British Bank and British Arab Commercial Bank Limited. In addition to its Middle Eastern network, the Bank has a branch in London, UK and a representative office in Tehran, Iran.
HSBC Holdings plc
HSBC Bank Middle East is a principal member of the HSBC Group which, with more than 6,500 offices in 78 countries and territories and assets of US$692 billion at 30 June 2001, is one of the world's largest banking and financial services organisations.
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