HSBC Bank International has launched three capital-protected products with returns linked to the per...
HSBC Bank International has launched three capital-protected products with returns linked to the performance of country indices.
The products, which will be distributed through HSBC's telephone banking and internet service as well as via intermediaries, are the Asia Plus Growth, World Growth and Anglo American Growth funds.
Available from 14 October and closing on 3 December, the World Growth and Anglo American Growth funds offer a minimum of capital returned while the Asia Plus Growth offers capital back and minimum growth of 9%. Asia Plus Growth is structured around the performance of a basket of 250 leading companies listed on the Hong Kong, China and South Korea indices. It offers a potential maximum return of 112%.
Returns on the World Growth fund are based on the FTSE 100, Dow Jones Euro Stoxx 50, Nikkei 225 and S&P 500. Anglo American Growth returns are based on the S&P 500 and FTSE. Neither has a maximum return.
Contact 01534 616 111 or visit www.offshore.hsbc.com.
Joined as head of strategy, multi asset, in June
Group income protection
Nine in 10 do not have income protection
Set to become part of Single Financial Guidance Body