HSBC launches three new funds

The China Bonus Fund and the China Bonus Plus Fund reflect the growth potential of the Chinese economy, currently predicted to become second in size only to the US by 2020. The Atlantic Growth Fund is linked to two of the world's premier stock-market indices.

The China Bonus Fund invests in the FTSE/Xinhua China 25 Index, a stock market index specifically for international investors, featuring 25 of the top Chinese stocks listed on the Hong Kong Stock Exchange. This fund is for US dollar investment only and is designed to award a high starting bonus each year in exchange for no minimum return.

The China Bonus Plus Fund invests in the same index and is designed to provide a minimum return and the potential to earn higher returns through annual locked in bonuses.

The Atlantic Growth Fund invests in the FTSE 100 index and the S&P 500 index. An additional feature of this fund is that index values are averaged in the final year to protect investors from any stock market volatility late in their investment term.

All three funds have a five-year investment term and are designed to offer capital protection along with good growth potential. They will be available from 13 December 2004 until 1 February 2005, or earlier if oversubscribed.

Kevin Portman, HSBC Bank Middle East Limited's Regional Sales Manager Financial Planning Service, said: "The funds are appropriate for the full spectrum of investors - they provide capital protection but also offer choice between the peace of mind provided by a minimum return or greater growth potential over the investment term."

Customers interested in finding out more about the China Bonus Fund, the China Bonus Plus Fund and the Atlantic Growth Fund can contact HSBC's Financial Planning Advisers at their nearest branch.