HSBC adds further tranches

A further two tranches have been added to HSBC Republic's Alternative Wealth Protector, its 100% capital guaranteed fund of hedge funds. The offer period for the tranches closes on 25 October 2002. They will have a five-and-a-half-year term, maturing on 29 May 2008. Investment is linked to the returns of the HSBC Republic Wealth Protection fund. The product offers either a 100% capital guarantee or a combination of 100% of the upside and the ability to gear up to a further 50%, on an annual basis from launch. For each 15% incremental increase in the invested capital, the product ...