Fund Name: HSBC Asset Management Multi Asset Dynamic Variable Fund (Third Variable)
Founder: 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 Turkish Lira financial instruments and various financial instruments.
Multi Asset Dynamic Variable Fund (Third Variable) 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.
Fund may invest in foreign financial instruments in order to increase yield and distribute risk. Additionally, fund may invest in other funds and exchange traded funds (ETF).
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 second working day. (T+2) 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 third day.(T+3) Please for fund redemption hours.
Subscription and redemption orders can be given through HSBC Bank branches, Internet Banking, Mobile Banking, Telephone Banking and ATM channels.
Management Fee: Annual 1,75%
Risk Profile of Fund: Multi Asset Dynamic Variable Fund (Third Variable) 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 .