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Protection on Merrill funds

Merrill Lynch HSBC has set up two investment products providing 100

per cent capital protection over three or four years.

The Euro Stoxx protected investment product tracks the Dow Jones Euro

Stoxx 50 index for three years and is comprised of stocks from the 11

eurozone countries. It offers a basic growth return of 6 per cent if

held to maturity.

Investors can qualify for an additional bonus depending on the growth

of the index.

The FTSE 100/S&P 500 PIP tracks both the FTSE 100 and Standard

& Poor&#39s 500 index for four years and offers a return of 76 per

cent of any aggregate percentage increase of the indices. Each index

is given a weighting of 50 per cent.

Minimum investment for both products is £5,000.

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