HSBC rolls out guaranteed fund of hedge funds

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HSBC Republic Investments is launching its first capital guaranteed fund of hedge funds, which will ...

HSBC Republic Investments is launching its first capital guaranteed fund of hedge funds, which will provide a 100% guarantee to investor capital. The offer period for the HSBC Republic Alternative Wealth Protector fund closes between the end of July and late September 2002 and will have a five-year fixed term, maturing in August 2007. Minimum investment is £10,000 with a front-end charge of 3%, an annual management fee of 1.7%, plus 1.7% pa to cover the implementation and provision of the capital guarantee. Contact 020 7860 3054.

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