HSBC Balanced Inst Acc

Quick Stats

Bid Price - Offer Price -
Mid Price GBX 203.10 Day Change GBX +1.00 (0.49%)
Price Date 8 Dec 2016 Crown Rating 3
Shares Class Inc. Yield 2.37 %
Total Expense Ratio 0.00 Fund Size 365,368,300.00
Launch Date 14/09/1992 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.00 Sector IMA UK Equity Income
Min Investment (£) 10,000,000.00 Total Expense Ratio (%) 0.00
ISIN GB00BYRKGL32 Min TopUp (£) 1,000,000.00

Fund Objective

The fund seeks to obtain capital growth in the longer term together with income. The fund seeks to invest in a diverse portfolio of equities and bonds in the UK and overseas, together with money market instruments. Furthermore, up to 100 per cent in value of the property of the Sub-Fund may be invested in units or shares in other collective investment schemes. The ACD may also invest at its discretion in other transferable securities, deposits and cash and near cash.

Fund Managers

Ernst Josef Osiander
Ernst Osiander is a fund manager in the London fixed income team and has been working in the industry since 1994. Prior to joining the firm in January 2012 Ernst worked for FMS Wertmanagement with a focus on sovereign credit risk. Between 1999 and 2010 he worked for various investment boutiques of BNY Mellon Asset Management managing global bond and currency portfolios. He holds a degree in Economics from the University of Munich.