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HSBC Corporate Money Funds
Euro Fund

Fund objective

The principal objective of the Company is to achieve as high a level of current income as is consistent with the preservation of capital and the maintenance of liquidity by investing in a diversified portfolio of money market instruments.

Permitted investments

The fund may invest in, but is not restricted to, certificates of deposit (CD), commercial paper, medium-term notes (MTNs), variable rate notes (VRNs), floating rate notes (FRNs), bankers acceptances, government bonds, treasury bills, Eurobonds, asset-backed securities and corporate bonds.

Credit rating

Short-term transferable securities which at the time of purchase have a credit rating of at least A-1/P-1 (or its equivalent) from a recognised credit rating agency such as Standard & Poor's or Moody's.

Sweep Facility

The HSBC Sweep Facility provides an automated solution for uninvested cash balances by automatically moving uninvested cash between the Corporate Account and HSBC Corporate Money Funds. This innovative cash management service provides money market returns while retaining the convenience of full operating account access.

Please email our Client Services team for more information.

Fund details
Fund Rating Moody’s - Aaa-mf
Fund manager HSBC Global Asset Management (Bermuda) Limited
Launch date 2 July 2001
Valuation date Daily
Cut-off time 12.00 noon (Bermuda time)
Settlement date Next Day
Dividend policy Distributing

HSBC Global Asset Management (Bermuda) Limited (“AMBM”) of 6 Front Street, Hamilton, Bermuda, is a wholly owned subsidiary of HSBC Bank Bermuda Limited (the “Bank”). AMBM and the Bank are licensed to conduct investment business by the Bermuda Monetary Authority.

Funds managed by AMBM are offered by Prospectus only in those jurisdictions where they are permitted by law. Persons are required to inform themselves and observe any relevant restrictions. AMBM makes no representation as to the suitability of the funds for investors.

Investors should be aware that performance returns are affected by market fluctuations. Investing entails risks, including possible loss of principal. Past performance is no guarantee of future performance. Investors should note that the use of derivatives and investments involving a currency other than their own will create foreign exchange exposure, which involves special risks. It is the aim of the Company to preserve capital and, where applicable, to maintain a stable net asset value per share; these aims are not guaranteed. Additionally, investors should consider their investment objectives, whether or not they can assume these risks and should undertake their own appropriate professional advice. Expressions of opinion contained herein are subject to change without notice.

Issued by HSBC Global Asset Management (Bermuda) Limited.



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