HSBC Fund Management (Malta) Limited’s brand new Protected Capital and Growth Fund provides investors with full security of capital and either a minimum 12 per cent return after six years (equivalent to 1.9 per cent per annum) or 50 per cent participation of any growth in the Dow Jones EURO STOXX 50 Index, whichever is the greater.

“With this new product, the protection element has now been extended to a minimum return so that investors will receive a reasonable return even in the event of a negative performance by the index,” said HSBC Fund Management (Malta) Limited managing director Charles Azzopardi.

The fund requires a minimum investment of Lm2,000 and will remain open to investors until 24 October 2005, unless oversubscribed. Those who invest early also benefit from free extra shares in the fund.

More information on HSBC’s Protected Capital and Growth Fund is available from any HSBC branch in Malta and Gozo, by calling customer service on 2380 2380 or from the website www.hsbc.com.mt