Quick Stats

Bid Price - Offer Price -
Mid Price GBX 132.90 Day Change GBX +0.30 (0.23%)
Price Date 17 Nov 2017 Crown Rating 3
Shares Class Inc. Yield 1.27 %
Total Expense Ratio 0.00 Fund Size 63,284,800.00
Launch Date 17/10/2011 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.80 Sector IMA UK Equity Income
Min Investment (£) 1,000.00 Total Expense Ratio (%) 0.00
ISIN GB00B3M90492 Min TopUp (£) 500.00

Fund Objective

The fund seeks to provide capital growth through cautious investment in a broad range of asset classes across global markets, with a bias towards fixed interest securities. The fund will invest mainly in collective investment schemes, exchange traded funds and, where appropriate, direct investment into certain other assets. The collective investment schemes and exchange traded funds are those that will aim to match the return of market indices and shall, in turn, invest in fixed income securities, equities, commodities, private equity and property that make up the relevant index. The ACD will use direct investment in assets where, in its opinion, an asset class can be adequately replicated with a relatively low number of instruments. Typically the Fund shall have a bias towards assets that focus on fixed interest securities. The ACD may also invest, at its discretion, in other collective investment schemes, transferable securities, money market instruments, deposits, cash and near cash. On giving 60 days' notice to Shareholders, the Fund may, in addition to its other investment powers, use exchange traded and over the counter derivatives and forward currency contracts for investment purposes. Using these investment powers for investment purposes means, in particular, maintaining positions in these investments for the long term rather than just for tactical short-term purposes however, it is envisaged that the use of such instruments in this way will not affect the overall risk profile of the Fund.

Fund Managers

Jane Davies
Jane Davies is a Senior Portfolio Manager and has been working in the industry since 1998. She has been extensively involved in the development of the investment approach used to manage HSBC’s Wealth products, and has been managing the World Index Portfolio range since launch. Jane has 14 years portfolio management experience with HSBC Group, focusing on multi-asset portfolio management and asset allocation. Her previous roles have included Head of Global Investment Solutions and Head of Multimanager for the UK and Middle East. Jane is a qualified Chartered Financial Analyst, holds the Investment Management Certificate (FSA, UK), is a Member of the Society of Technical Analysts (MSTA), and holds First Class BSc (Hons.) in Psychology and Philosophy (University of Leeds).
Jim Dunsford