HSBC Malta is now offering customers one of HSBC Group’s Global funds – the BRIC (Brazil, Russia, India, China) Freestyle Fund.

By investing in the BRIC Freestyle Fund, investors can access the combined potential of the world’s four largest emerging markets – Brazil, Russia, India and China. In 2006, for the fifth year in succession, HSBC’s BRIC collectively outpaced the returns from the developed markets. This performance looks set to continue with the foundations for continued economic growth established in these economies. The freestyle approach of this fund means that the fund managers have more flexibility when choosing the underlying investments, as they are not constrained by a benchmark.

HSBC Malta has also introduced two other funds, the Chinese Equity Fund and the Indian Equity Fund.

All three funds are managed by the HSBC Group’s investment arms, which had assets under management of $328 billion as at 31 December 2006.

HSBC Investment Services in Malta managing director Charles Azzopardi said: “The Chinese and Indian equity funds focus on specific countries where we believe there is the potential for significant growth. China is now the fourth largest economy in the world, having overtaken France and the UK in 2005, and it is rapidly closing in on Germany to become the third largest.”

Customers interested in finding out more about these funds can call at any branch of HSBC Bank Malta plc or contact Customer Service on 2380-2380.