HSBC Fund Management (Malta) Limited has launched an exciting, new five-year capital protected product, the HSBC Global Multi-Asset Alpha (EUR) Note 2013, designed to give investors a potential maximum 10 per cent return every year for the first four years, and any capital growth achieved during the fifth year together with the original amount invested.

The product is designed both to protect investors’ capital if held until maturity and to provide returns linked to the positive performance of a combination of currency, interest rate, equity and money market strategies. It is a product managed by the HSBC Group and relies on HSBC’s expertise with USD1.3 billion already under management in these strategies.

“HSBC is offering a dynamically managed medium term note based on the Global Multi-Asset Alpha Strategy,” said Stephen Pandolfino, Managing Director of HSBC Fund Management (Malta) Ltd. “This is different to the previously issued notes which have been mainly linked to the performance of international companies or market indices. This innovative product is actively managed through constant reviewing and monitoring of the various strategies employed in order to achieve an optimal return in varying market conditions. It also offers the flexibility of early exit as investors can sell their holdings on a weekly basis before maturity.”

This limited offer closes on March 15, 2008, or earlier if oversubscribed. Applications may be obtained from any HSBC branch.