Singapore
HSBC Global Asset Management is offering a 2.5-year fixed term bond fund to Singapore retail investors.
The Global Corporate Fixed Term Bond 2022 aims to generate a monthly dividend and to return net assets upon the bond's maturity in January 2022.
The dividend is not guaranteed and may be paid out of capital, which will result in capital erosion and a reduction in net asset value, said HSBC.
As of June 7, 2019, the annual dividend target (in US dollars) is 3.82 per cent for share class P,...