|Bid Price||-||Offer Price||-|
|Mid Price||GBX 156.80||Day Change||GBX -1.20 (-0.76%)|
|Price Date||28 Jun 2017||Crown Rating|
|Shares Class||Inc.||Yield||1.74 %|
|Total Expense Ratio||0.00||Fund Size||108,862,500.00|
|Launch Date||17/10/2011||Standard Initial Charge (%)||0.00|
|Annual Management Charge (%)||0.10||Sector||IMA UK Equity Income|
|Min Investment (£)||1,000,000.00||Total Expense Ratio (%)||0.00|
|ISIN||GB00B7PHDP01||Min TopUp (£)||1,000.00|
The fund seeks to provide capital growth through investment in a broad range of asset classes across global markets. The fund will invest primarily in collective investment schemes and exchange traded funds that aim to match the returns of market indices. Such assets shall, in turn, invest in fixed income securities, equities, commodities, private equity and property that make up the relevant index. The ACD may, where it considers appropriate to do so, also use direct investment in assets in circumstances where, in its opinion, an asset class can be adequately replicated with a relatively low number of instruments. It 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.
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).