HSBC Offshore Offering 500 Free Shares In CSGF Fund

by Phillip Morton, Investors Offshore.com

04 April 2003

HSBC has launched a competition to mark the tenth anniversary of Offshore Capital Secured Growth Funds (CSGF) in which the winner will receive 500 free shares to invest in the CSGF fund of their choice.

According to a statement released this week, the funds have attracted over 64,000 customers during this time, investing over $3 billion. They offer the opportunity to invest in many different markets with varying degrees of risk, and can be denominated in sterling, dollars or euros. The funds are available to residents of 43 countries.

Entrants to the competition have to answer three questions demonstrating their knowledge of the world's stock markets and capital secured funds. The winner will receive approximately £5,000 worth of shares and will be entitled to invest them in the CSGF fund of their choosing.

Martin Spurling, head of investments, explained that: “The CSGF funds are so successful because they offer a winning formula that can offer a combination of capital security, a guaranteed level for returns and potential for capital growth. Most importantly, it has helped our customers to keep investing for their futures despite falling investor confidence over the past three years of stock market turbulence. We hope that the chance to win bonus shares will be a further encouragement for people who want their money to work harder.”

Application forms for the competition are available through HSBC Offshore's website at www.offshore.hsbc.com.

Recommended