HSBC Mutual Fund launches HSBC Global Equity Climate Change Fund of Fund
NFO period: 03rd March – 17th March, 2021
Highlights of the NFO:
- Scheme type – An open ended fund of fund scheme investing in HSBC Global Investment Funds – Global Equity Climate Change
- Investment objective – To provide long term capital appreciation by investing predominantly in units of HSBC Global Investment Funds – Global Equity Climate Change (HGECC). The scheme may also invest a certain proportion of its corpus in money market instruments and / or units of overnight / liquid mutual fund schemes, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the scheme will be achieved.
- Product suitability – The product is suitable for investors who are seeking to create wealth over long-term by investing predominantly in companies positioned to benefit from climate change through fund of funds route.
- Minimum Application Amount – First investment is Rs. 5000/– and in multiples of Rs. 1/- thereafter
- Plan/ Options available – Regular and Direct Plan having Growth Option and Dividend Option with Dividend Payout and Reinvestment sub-option.
- Fund Manager – Mr. Priyankar Sarkar (For Overseas Investments) and Kapil Punjabi (For Fixed Income)
- Benchmark – MSCI AC World TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
