HSBC HK

The world's local bank

Important Risk Warning:
•	Unit Trusts are investment products and some may involve derivatives.
•	Unit Trusts are not equivalent to time deposits.
•	Investors should not base on this material alone to make investment decision.
•	Investment involves risk and past performance is not indicative of future performance. Please refer to the offering documents for further details, including fees and charges and risk factors.
•	In the worst case scenario, the value of the Unit Trusts may be worth substantially less than the original amount you have invested (and in an extreme case could be worth nothing).
•	Deposit Plus is a structured product involving derivatives. The investment decision is yours but you should not invest in Deposit Plus unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives.
•	Deposit Plus Issuer's risk - you rely on HSBC's creditworthiness. The product is subject to both the actual and perceived measures of the creditworthiness of the Bank and there is no assurance of protection against a default by the Bank in respect of its payment obligations. In the worst case scenario (e.g. insolvency of deposit taker), the investor may get nothing back and the potential maximum loss could be 100% of investment amount and no coupon received.

Deposit Plus is NOT equivalent to a time deposit. It is not a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. This product is NOT principal protected.

Investment involves risk. The price of securities may move up or down. Losses may be incurred as well as profits made as result of buying and selling securities. The information in this document does not constitute an offer for the purchase or sale of any investment products. You should carefully consider whether any investment products or herein are appropriate for you in view of your investment experience, objectives, financial resources and circumstances. This material has not been reviewed by the Securities and Futures Commission of Hong Kong.

Deposit Plus Risk Disclosure - The net return in relation to Deposit Plus will depend upon market conditions prevailing at the deposit fixing time on the deposit fixing date. You must be prepared to incur loss as a result of depreciation in the value of the currency paid. Such loss may offset the interest earned on the deposit and may even result in losses in the principal amount of the deposit. If the redemption currency is not your home currency, and you choose to convert it back to your home currency at maturity, you may make a gain or loss due to exchange fluctuations.

The Hongkong and Shanghai Banking Corporation Limited is an insurance agent authorised by HSBC Life (International) Limited. All life insurance plans are underwritten by HSBC Life (International) Limited.

* According to Synovate AsiaBUS Survey conducted in February 2010