HSBC China and India Equity Freestyle Fund is a mutual fund that came into existence in the year 2005. The fund was created by a contract between HSBC Saudi Arabia ("the Fund Manager") and the investors ("the Unitholders"). With the subscription charge of 2%, this equity fund is valued on Monday and Thursday. Apart from that, the fund announcement is made on Sunday and Tuesday.
The fund's goal is to pursue capital appreciation by investing in stocks of firms listed in Chinese or Indian financial markets. Also, they invest in stocks in organizations with significant commercial or investment ties to China or India that are registered on some other trading platforms and market mechanisms.
The fund is administered by the Fund Manager, who often serves as the fund's operator. In line with the Fund's Terms of Service, the Portfolio Manager has engaged HSBC Global Asset Management (Hong Kong) Limited as the fund's secondary investment adviser and Albilad Capital as its custodian. The fund's revenue is reinvested and shown in the unit cost.
However, if you are still unclear about the fund's return and objectives, you can explore the Nakla platform to gain detailed information about the product. Not only this, but you can also connect with portfolio managers to clarify all your doubts and get a clear picture of the fund.
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HSBC China And India Equity Freestyle Fund has been offering 42.82%returns right from the beginning of the year.
HSBC China and India Equity Freestyle Fund is a high-risk fund. Thus, investors with high-risk tolerance should opt to make investments in this kind of Fund. This is the perfect option for investors willing to undertake market volatility and cash flow risk for greater returns.
The minimum amount you require to invest in HSBC China And India Equity Freestyle Fund is USD 2000.
The average annual management fee of HSBC China and India Equity Freestyle Fund is 2.3%. This cost is generally imposed as a proportion of the fund's assets, such as 0.5 percent every year. A predetermined monetary investment management fee might also be included in the costs. Annual management expenses are deducted from the retirement fund's assets on a regular schedule.
HSBC China and India Equity Freestyle fund is an open-ended fund. This indicates that they do not have fixed maturity tenure and are accessible to investors on a regular basis for membership and redemption throughout the New Fund Offer (NFO) period and far beyond. Customers may instantly purchase and sell these plans from/to the mutual Fund whenever they choose, according to the mutual Fund's designated business days/hours.
The HSBC China and India Equity Freestyle Fund are managed by HSBC Saudi Arabia, which also works as the head of the Fund. The fund manager has elected HSBC Global Asset Management (Hong Kong) Limited as the sub-investment consultant of this Freestyle Fund. Also, they have elected Albilad Capital as a guard of the Fund following the Terms and Conditions of the Fund.
The HSBC China and India Equity Freestyle Fund's goal is to pursue equity-linked development by investing in stocks of firms that are listed in Chinese or Indian capital markets. Also, they plan to invest in the firm's shares with significant commercial or investment ties to China or India registered on some other stock exchanges and regulated markets.
The expense ratio of HSBC China and India Equity Freestyle Fund is 0.58%. The worth of the expense ratio is based on the size of this Fund. A fund functioning with a limited amount of financial resources must devote a percentage of its resources to effective management. This raises the relative worth of the costs in relation to the overall quantity of cash available.
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