HSBC Investment Funds (Canada) Inc. launches Premium Series Money Market Funds

    VANCOUVER, Jan. 14 /CNW/ - HSBC Investment Funds (Canada) Inc., manager
of the HSBC Mutual Funds, has launched a Premium Series for the HSBC Canadian
Money Market and HSBC U.S. Dollar Money Market Funds ("the Funds"). The new
series aims to achieve diversification of assets and provide a high level of
monthly interest income while preserving capital through investing primarily
in high-quality, short-term fixed income securities.
    The Funds are managed by an experienced investment team at HSBC
Investments (Canada) Limited who make active strategic duration, sector and
security selection decisions to bolster returns. The Premium Series is
expected to deliver a higher yield than the Investor Series of the Funds by
offering lower management fees. The Premium Series of the HSBC Canadian Money
Market and HSBC U.S. Dollar Money Market Funds is available through HSBC
Investment Funds (Canada) Inc. and independent investment advisors. It is
suitable for investors with a short-term investment horizon who have a minimum
of $100,000 to invest.

    HSBC Investment Funds (Canada) Inc. is a subsidiary of HSBC Investments
(Canada) Limited, which is wholly-owned by HSBC Bank Canada. HSBC Bank Canada,
a subsidiary of HSBC Holdings plc, has more than 170 offices and is the
leading international bank in Canada. With around 10,000 offices in 83
countries and territories and assets of US$2,150 billion at 30 June 2007, the
HSBC Group is one of the world's largest banking and financial services

For further information:

For further information: Media enquiries: Ernest Yee, Assistant Vice
President, Public Affairs, HSBC Bank Canada, (604) 641-2973; Michael Edmonds,
Senior Manager, Public Affairs, HSBC Bank Canada, (416) 868-3878

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