HBSC Global Emerging Markets Equity Fund offers investors Shariah compliant exposure to the substantial opportunities available in emerging markets, such as India, China, Brazil, Russia, Taiwan and South Korea.
Over the last five years, emerging markets have accounted for more than half the growth in world exports and are sitting on two-third’s of the world’s foreign exchange reserves. Compared to developed markets over the same period, t hese markets are characterized by a stronger growth potential than developed countries.
The Fund aims to provide long-term capital growth by investing in a diversified portfolio of Shariah compliant companies listed on major stock exchange of emerging countries.
The Fund, an innovative and dynamic product, will pursue its objective though active management. The Fund will strictly adhere to Shariah investment guidelines for equities approved and endorsed by the Shariah Supervisory Committee of the bank.
|
Fund Manager |
HSBC Saudi Arabia Limited |
|
Inception Date |
6 March 2008 |
|
Type |
Open-ended |
|
Currency |
US Dollar |
|
Minimum Subscription |
USD 5,000 |
|
Valuation day |
Every Tuesday and Thursday |
|
Subscription Fee |
Up to 3.00% |
|
Management Fee |
2.00% per annum |
|
Other Fees |
Up to 0.30% per annum |
|
Launch Price |
USD 10 |
Note: Kindly see Terms & Conditions and appendix for more details.
For more information please call our toll free number
800 124 1212