China features in new funds launch from HSBC

Notes and media contacts

Customers interested in receiving more information on the US Bonus Fund and the World Growth Fund can contact HSBC's Financial Planning Advisers at their nearest branch.

1. Early Redemption Conditions - To receive the full benefit of CSGF, investors must be prepared to hold the investment for the full five year term. If investors decide to cash-in shares early they may not get back as much as they originally invested.

2. Minimum Returns - Capital Secured Growth Funds are designed to provide the minimum returns described regardless of market performance.

3. Investment Risk - HSBC Bank International Limited recommends that customers seek professional advice before investing, either by contacting a member of our investments team or by calling an independent financial adviser.

You should understand that while CSGF offers exposure to stock market indices, it is not designed to provide the same return you would have received through direct investment in shares. Returns could be either greater or lower.

The return of investors' capital and index growth is dependent upon financial instruments, which will be bought from a number of financial institutions. These financial institutions will have a rating of at least A or A2 as determined by either Standard & Poor's, Moody's Investors Services Inc. or an equivalent rating agent. In the event that any of these institutions are unable to meet their obligations, which is in our opinion unlikely, the Fund may not be able to return investors' capital in full or deliver index growth. You should be aware that CSGF is not a guaranteed investment.

4. Total Charges - Total charges will not amount to more than 6.5% and will be deducted from the initial investment.

5. HSBC Group - HSBC Bank International Limited is a member of the HSBC Group. The HSBC Group with over 9,500 offices in 79 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa, and assets of US$1,034 billion at 31 December 2003, is one of the world's largest banking and financial services organisations.