HSBC Bank International has launched four capital secured growth funds - Japan Real Estate, BRIC Growth, Blue Chip Bonus and European Growth.
The Japan Real Estate fund tracks the Tokyo Stock Exchange Real Estate Investment Trust index over four years. It offers sterling investors a participation rate of 107% and 105% for dollar. The initial charge is 5.25%.
Adam Allan, head of global funds and investments at HSBC Bank International, said: “Through the product investors can access the Japanese commercial and residential property markets, without the usual high initial outlay and maintenance costs associated with direct investment in property, or the risks involved in buying individual property stocks.”
Meanwhile, the Bric Growth fund tracks the DAXglobal Bric index over five years. Sterling and dollar investors can receive a maximum return of 10% plus the lowest monthly return of the index for the year. Euro investors can receive 7% plus the lowest monthly return of the index for the year. The initial charge is 6%.
The Blue Chip Bonus fund tracks the Dow Jones Global Titans 50 index over three and a quarter years. It offers a bonus of 4% in the first year and 4.25% in the second. The participation rate is 50% of the index, minus the bonus payments already received. The initial charge is 4.45%.
The European Growth fund tracks the Dow Jones Euro Stoxx 50 index over three years. Investors are subject to a participation rate of 70%. The initial charge is 4.30%.
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