HSBC Mutual Fund announced dividends under the dividend option of HSBC Fixed Term Series 21 (Regular and Institutional Plan), HSBC Fixed Term Series 23 (Regular and Institutional Plan) and HSBC Fixed Term Series 27 - Regular Plan. The quantum of dividend would be 100% of the distributable surplus as on the record date. The record date for all the schemes would be April 2, 2008.
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The easy half will be done
The regulator has named both halves of the cure for insurance mis-selling. Only the easier half is likely to happen.
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