Thursday, September 20, 2007

HSBC Launches HSBC FTS 34 & HSBC FTS 36

HSBC Asset Management (India) has announced Tenor and New Fund Offer period for HSBC Fixed term Series 34 and HSBC Fixed Term Series 36 as follows:

Name of the Scheme Tenor NFO Opens on NFO Closes On HSBC Fixed Term Series 34 6 Months 19-Sep-07 26-Sep-07 HSBC Fixed Term Series 36 370 Days 19-Sep-07 26-Sep-07

HSBC FTS 34 and HSBC FTS 36 are close-ended income schemes.

HSBC FTS 34 aims to generate reasonable returns by investing in a portfolio of fixed income instruments normally maturing in line with the time profile of the scheme.

HSBC FTS 36 aims to generate reasonable returns by investing in a portfolio of fixed income instruments normally maturing in line with the time profile of the respective plans.

No comments: