Six months before hitting the midway point in the four and a half year term of their investment, customers who placed their cash in the CSGF World Growth Funds already know that they will get a minimum return of 20 per cent (equivalent to 4.13 per cent per annum).

HSBC’s three World Growth Funds, denominated in US dollars, sterling and euro, were launched in early 2004 as part of the bank’s series of Capital Secured Growth Funds (CSGF).

These three funds were designed in an innovative way to capture the growth potential from four of the world’s major indices and lock-in gains if this reaches 20 per cent, 40 per cent, 60 per cent, 80 per cent or 100 per cent.

The three World Growth Funds invest in an equally weighted basket of Indices comprising of the FTSE 100, the S&P 500, the Nikkei 225 and the Dow Jones EURO STOXX 50. The period of investment in these funds started on 23 March 2004 and ends on 24 September 2008.

The funds form part of the CSGF series which are regularly promoted in Malta by HSBC. More information is available by calling 2380 2380, from the www.hsbc.com.mt website or from any HSBC branch in Malta and Gozo.