HSBC American Index Institutional Inc
Fund
Fund Info
- Yield History1.43%
- 3 Year sharpe0.82
- 3 Year alpha-0.56
- Distribution Typeincome
- BenchmarkS&P 500 TR GBP
- Legal StructureOpen Ended Investment Company
- Fund Size (month end)Open Ended Investment Company
- OCF0.02%
- IA SectorNorth America
- Manager GroupHSBC
- DomicileUnited Kingdom
- ISINGB00BYWKBM47
Investment Strategy
The Fund aims to provide growth over the long term, which is a period of five years or more, by tracking the performance of the S&P 500 Index (the “Index”).
To achieve its investment objective, the Fund will invest directly in shares (equities) of companies that make up the S&P 500 Index.
The Fund may also invest in the following assets which are not part of the Index:
- cash to manage day-to-day cash flow requirements;
- units or shares of collective investment schemes, including collective investment schemes managed or operated by the HSBC Group in order in order to manage day-to day cash flows;
- equity related securities such as American Depositary Receipts and Global Depositary Receipts (which are certificates typically issued by a bank or trust company evidencing ownership of shares of a non-US issuer) in order to achieve exposure to a stock instead of using a physical security.
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