HSBC Canadian Dollar Liquidity Fund
To provide investors with security of capital and daily liquidity together with an investment return which is comparable to normal Canadian dollar-denominated money market interest rates.
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.
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.
||S&P – AAAm
Moody’s - Aaa-mf
||Ken Carty (New York)
||22 July 2008
||12:00 pm - (New York time)
There is no guarantee that a stable net asset value will be maintained. Investors may not get back the amount originally invested. Where overseas investments are held the rate of currency exchange may also cause the value of such investments to fluctuate. Past performance is not a reliable indication of future returns. The value of investments may be affected by uncertainties such as international, political and economic developments. They may also be affected by the credit worthiness of the issuers of the investments or by substantial adverse movements in interest rates. For full information on risks, please read the offering document carefully.