HSBC launches three new capital secured funds

The Nasdaq-100 Fund also provides investors with the added security of a minimum return.

The Nasdaq-100 Fund is linked to the performance of many of the world's largest and best-known companies, through the Nasdaq-100 Index. The fund is designed to offer a minimum return of 8.25 per cent for US dollar investors (9 per cent for sterling and 7 per cent for euros) plus an unlimited return based on five potential annual bonuses which are linked to the performance of the Index.

The Pacific Partners Fund is linked to the performance of three Asian indices; the FTSE/Xinhua China 25 Index, the Hang Seng Index, and the MSCI Singapore Cash Index. This fund gives customers the opportunity to benefit from a final performance bonus based on growth. Additionally, the fund locks in growth should the total growth of these indices on a quarterly basis reach 18 per cent, or subsequently 36 per cent.

The Titans Fund invests in the growth potential of 50 of the world's leading companies, listed on the Dow Jones Global TitansTM Index, including names such as Microsoft, Nokia and Toyota. US dollar investors have the opportunity to earn 75 per cent of the index growth over the investment period (90 per cent for sterling investors).

Kevin Portman, Regional Sales Manager Financial Planning Service for HSBC said: "We have been recognised for offering investors the best offshore structured product through our capital secured growth funds. For 5 years now we have been able to provide our customers with a series of investment portfolios that provide them with choice and value. The latest fund allows them to choose from a global fund, an index specific fund or a fund based on indices in Asia, one of the world's fastest growing economic regions. With many years of experience in this market we are confident that our funds offer good growth potential."

All three funds have a five-year investment term. They are available from 21 March 2005 until 26 April 2005, or earlier if oversubscribed.

Customers interested in finding out more about the funds can can contact HSBC's Financial Planning Advisers at their nearest branch.