For all HSBC customers who wish to invest their capital with high return and without great risk, HSBC offers the Profit Select investment product.
Profit Select guarantees a return higher than the regular deposit or term deposit return, while securing most of your capital.
Profit Select Investment Product by HSBC is a combination of a term deposit in Euro or USD with high rate and an investment in HSBC Equity Mutual Funds and from the 3rd party providers BlackRock, JP Morgan and Schroders in HSBC Balanced Strategy Fund of Funds or in Capital Guaranteed Deposits.
The Bank guarantees only the return on the amount placed on term deposit, for the initial period of the deposit. Upon maturity, the term deposit may not be renewed at the preferential rate which may be offered by the Bank at that time, unless the investor places an additional amount of his capital in mutual fund shares in accordance with an existing Profit Select combination.
The interest of the deposit is subjected to 15% tax according to the effective law.
This document is not and cannot under any circumstances be deemed to be investment advice or an exhortation to invest.
MUTUAL FUNDS DO NOT HAVE A GUARANTEED RETURN AND PREVIOUS PERFORMANCE DOES NOT GUARANTEE FUTURE PERFORMANCE