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HSBC European Index Institutional Income fund price, performance, charts and research

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This stock can be held in:

Fund Info

Distribution Type

income

Manager Group

HSBC

Domicile

United Kingdom

ISIN

GB00BZB1G311

Benchmark

FTSE Developed Europe ex UK NR GBP

Legal Structure

Open Ended Investment Company

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 FTSE Developed Europe excluding UK Index (the “Index”). To achieve its investment objective, the Fund will invest directly in shares (equities) of companies that make up the FTSE Developed Europe excluding UK 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 to manage day-to-day cash flow requirements; - 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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