HSBC Canadian Dollar Liquidity Fund, a sub-fund of HSBC Global Liquidity Funds plc, is now available for purchase internationally.
The fund offers daily liquidity for companies seeking a competitive yield for their cash reserves as well as 24 hour access to the fund.
The fund has an Aaa/MR1+ rating from Moody’s Investors Service and a AAAm rating from Standard & Poor’s.
“These ratings reflect the very high credit quality of the funds’ holdings and the underlying liquidity of the portfolios, stated Marc Cevey, CEO of HSBC Global Asset Management (Canada) Ltd.
The fund’s investment advisor is HSBC Global Asset Management (USA) Inc., a member of the HSBC Group. HSBC Global Liquidity Funds are offered in Canada through HSBC Global Asset Management (Canada) Ltd.
All funds within the HSBC Global Liquidity Funds plc range have the equivalent high rating and daily liquidity.
HSBC Canadian Dollar Liquidity Fund available internationally
- By: IE Staff
- August 21, 2008 August 21, 2008
- 10:50