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Lm500 Worth of Bonds Up For Grabs To Maltese Investors

by Carla Johnson, Investors Offshore.com

04 June 2003

HSBC Fund Management Ltd is offering Maltese investors the chance to win Lm500 worth of bond investment units, according to the Malta Independent this week.

Individuals currently investing in the HSBC Malta Bond Funds SICAV plc through the Government Bond Fund, the International Bond Fund and the Malta Bond Fund will have the opportunity to win this prize. The offer is open until June 27 this year.

Managing Director of HSBC Fund Management, Joseph Camilleri, explained that bonds are now becoming an increasingly popular investment vehicle in the light of recent volatility in equity markets.

Camilleri told the Malta Independent that the funds are well established and currently have a total value of over Lm120 million. Additionally, the funds offer the customer a degree of flexibility, as investors are permitted to add or withdraw money to and from the fund as they please, according to the HSBC director.

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