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HSBC International Sterling Income Fund

HSBC International Sterling Income Fund

Introduction

The HSBC International Sterling Income Fund is a non capital secured investment, which aims to provide you consistent returns by investing in gilt edged securities, other bonds and cash deposits and pay regular income through the payment of quarterly dividends.

Benefits

  • Low risks
  • Consistent returns
  • International expertise
  • Cost Effectiveness
  • Low Minimum investment

Features

  • Fund invests into gilt-edged securities and other low risk bonds mostly in U.K.
  • Quarterly income paid which can either be credited to an account or reinvested into the fund.
  • Funds can be redeemed at any time at the prevailing prices, without any charges
  • Up front fee of 3%
  • Statements sent every six months showing the progress of your investment
  • Funds available in GBP

Eligibility

  • Customer to be above 18
  • Customer should not be resident of Canada, Hong Kong, Malaysia, New Zealand, or the United States of America and that APPLICATION FORM was signed and transaction completed outside these countries.
  • Minimum Lump Sum Investment: GBP1,000.00
  • Minimum Subsequent Investment: GBP500.00
  • Possibility of investing on a monthly basis with the Monthly Investment Plan, for a minimum of GBP 250.

Documents Required

          Copy of ID/ passport

          Proof of address for each respective applicant

Disclaimer

"The Hongkong and Shanghai Banking Corporation Limited Mauritius is licensed to distribute financial products by the Financial Services Commission of Mauritius. This product falls outside the regulatory and supervisory purview of the Bank of Mauritius.
HSBC Mauritius markets and distributes investment products issued by HSBC Group, and will not be responsible for the repayment of capital or settlement of any liabilities under the products. The public is encouraged to seek professional advice prior to investing in the products proposed."