HSBC Mutual Fund has announced the change in fundamental attributes of HSBC Unique Opportunities Fund, with effect from 18 July 2014.
The proposed changes are:
Name of the scheme: HSBC Dividend Yield Equity Fund.
Investment objective: The scheme aims to generate dividend yield and capital appreciation by primarily investing into equities and equity related securities of domestic Indian companies.
Asset Allocation:
The scheme will invest 65%-100% of assets in dividend yield focused equity and equity related instruments, invest upto 35% of assets in other equity or equity related instruments with high risk profile and invest upto 10% of assets in debt and money market instruments with low to medium risk profile.