The Malta Independent 29 April 2024, Monday
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HSBC Offers two capital-protected products

Malta Independent Monday, 27 October 2008, 00:00 Last update: about 11 years ago

Following the recent launch of the HSBC Asia Accelerator (EUR) Note 2012, HSBC Global Asset Management (Malta) Ltd is offering two variants of this four-year capital protected Medium Term Note (MTN) in GBP and USD.

The HSBC Asia Accelerator (GBP) Note 2013 and the HSBC Asia Accelerator (USD) Note 2013, are designed to protect investors’ capital if held until maturity and provide investors with potential attractive returns based on the combined growth of the Hang Seng China Enterprise Index, MSCI Taiwan Index and MSCI Singapore Index after 4 years.

The Notes also offer the possibility of an early maturity after two years together with attractive returns if the levels of the indices, at the end of the second year, have registered a pre-determined level of combined growth or more than their Initial Index level.

As an added advantage, an incentive payment of 4.5% per annum in the case of the GBP variant and 2% in the case of the USD variant is paid pro rata from date of subscription until the investment actually starts.

“In the present market turmoil, these MTNs are excellent opportunities, since they give investors the peace of mind that their capital is protected if held until maturity, and offer attractive participation rates in the potential growth of well established indices.

This is in addition to the ability for investors to sell their holding before maturity,” said Stephen Pandolfino, Managing Director of HSBC Global Asset Management (Malta) Ltd.

This is a limited offer which closes on 8 January 2009, or earlier if oversubscribed. Applications may be obtained from any HSBC branch.

Further details can be obtained by visiting www.hsbc.com.mt/investments.

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