HSBC Bank Middle East is offering two new investment opportunities under its Capital Secured Growth Funds series. Available between 14 October and December 1 in the Middle East region including Egypt, the new funds are part of a highly series that had record sales in 2001.
Designed to take advantage of the stock market potential growth and give capital security, the funds are available for a four-year term for clients who want to invest in indices representing top companies from Asia, United Kingdom, United States, Japan and Europe.
The indices listed companies, to which the Capital Secured Growth Funds series is linked, are reviewed regularly. The poor performers are replaced by companies, which have a more superior performance record, thus ensuring the indices continuously benefit from the progress of companies with more positive prospects.
The Asia Plus Growth Fund is linked to leading companies from Hong Kong, South Korea and China, where predictions for economic growth are the highest in the world. The Asia Growth Fund follows the success of a basket of indices which includes Hang Seng Index, KOSPI 200 Index and FTSE/Xinhau China 25 Index providing an exciting mix of established and emerging indices in the Far East. The fund is designed to provide a minimum return of seven percent plus your money back and a maximum return up to 64 percent plus your money back.
The World Growth Fund invests in four of the world’s major markets – the UK, USA, Japan and Europe. The fund tracks the performance of FTSE 100 Index, S&P 500, Nikkei 225 Index and Dow Jones EURO STOXX 50 Index.
The World Growth Fund’s return will be based only on the highest growth rates from three of four years, and also weights the return in favor of the best performing years. The maximum return the fund offers dollar and euro investors is the return of their capital in addition to an unlimited return based on 50 percent of the growth from the best performing year, 30 percent of growth from the second year and 20 percent of growth from the third year. The minimum return is your money back.
HSBC Bank Middle East is the largest and most widely represented international bank in the Middle East with 30 branches throughout the United Arab Emirates, Oman, Bahrain, Qatar, Jordan, Lebanon, and the Palestini an Autonomous Area, including an offshore banking unit in Bahrain.
This extensive regional coverage is strengthened by another member of the HSBC Group HSBC Bank Egypt and by its associated companies, the Saudi British Bank and British Arab Commercial Bank Limited. In addition to its Middle Eastern network, the Bank has a branch in London, UK and a representative office in Tehran, Iran. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
