Fund Name: HSBC Asset Management Global ETF Fund Basket Fund
Kurucu: HSBC Asset Management A.Ş.
Portfolio Manager: HSBC Asset Management A.Ş.
Financial Instruments:
Fund aims to expand its capital in the long-term by investing predominantly in US Dollar dominated financial instruments and various financial instruments.
Fund may also invest in non-USD denominated financial instruments in order to increase yield and distribute risk. Since the type of the fund is Fund Basket, it will invest mostly through exchange traded funds and/or other mutual funds. Global ETF Fund Basket Fund is aligned with the risk profile of customers who are willing to take “Moderate Level Risk”. Therefore, the fund invests in fixed income securities mostly. The fund may also invest in stocks, corporate bonds and commodities at a certain amount.
Fund's yield target is based on long-term. Therefore, this fund may not be suitable for customers who plan to leave from the fund before one year.
Frequency of Fund's Price Announcement: Daily
Subscription of Fund: According to notice period determined in Fund's prospectus.
Redemption of Fund: According to notice period determined in Fund's prospectus.
Subscription and Redemption Principles: Subscription orders given until 13:30 on the working days will be realized with the share price announced next working day at 10:00 and the order will be executed next working day (T+1). Subscription order given between 13:30 and 24:00 will be realized with the share price announced on next second working day at 10:00 and the order will be executed on next second day.(T+2) Please for fund subscription hours.
Redemption orders given until 13:30 on the working days will be realized with the price announced next working day at 10:00 and the order will be executed on the next third working day. (T+3) Redemption orders given between 13:30 and 24:00 will be realized with the share price announced next second working day at 10:00 and the order will be executed on next fourth day.(T+4) Please for fund redemption hours.
Subscription and redemption orders can be given through HSBC Bank branches, Internet Banking, Mobile Banking, Telephone Banking, ATM channels.
Management Fee: Annual 2.01%
Risk Profile of Fund: Global ETF Fund Basket Fund is aligned with the risk profile of customers who are willing to take “Moderate Level Risk”. Fund aims to have portfolio diversity and thereby distribute risk by investing in different type of risky financial instruments. Accordingly, the fund's risk profile will be lower than equity intensive funds, but higher than money market funds and short term fixed income funds. The fund's risk profile is calculated based on historical price fluctuations of the financial instruments held within the fund's portfolio. Since, the historical prices do not guarantee future prices, there might be fluctuations in fund's determined risk profile.
Currency:TRY (Turkish Lira)
Tax: Earnings from sale of mutual funds are subject to 10% withholding tax.
Information: : For further information about the Fund, fund's prospectus and internal regulation and periodic reports please .